Thomson co. produces and distributes semiconductors for use by computer manufacturers. thomson issued $840,000 of 10-year, 4% bonds on may 1 of the current year at face value, with interest payable on may 1 and november 1. the fiscal year of the company is the calendar year. journalize the entries to record the following selected transactions for the current year. refer to the chart of accounts for the exact wording of account titles. may 1 issued the bonds for cash at their face amount. nov. 1 paid the interest on the bonds. dec. 31 recorded accrued interest for two months.

Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u.s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?

The amberssen specialty company is a chain of twelve retail stores that sell a variety of imported gift items, gourmet chocolates, cheeses, and wines in the toronto area. amberssen has an is staff of three people who have created a simple but effective information system of networked point-of-sale registers at the stores and a centralized accounting system at the company head- quarters. harry hilman, the head of amberssens is group, has just received the following memo from bill amberssen, sales director (and son of amberssen’s founder). harry—it’s time amberssen specialty launched itself on the internet. many of our competitors are already there, selling to customers without the expense of a retail storefront, and we should be there too. i project that we could double or triple our annual revenues by selling our products on the internet. i’d like to have this ready by - giving, in time for the prime holiday gift-shopping season. bill after pondering this memo for several days, harry scheduled a meeting with bill so that he could clarify bill’s vision of this venture. using the standard con- tent of a system request as your guide, prepare a list of questions that harry needs to have answered about this project.

Which type of ics facility is used to temporarily position and account for personnel?