Which of the following assets do not qualify for capitalization of interest costs incurred during construction of the assets?
a. assets under construction for an enterprise's own use.
b. assets intended for sale or lease that are produced as discrete projects.
c. assets financed through the issuance of long-term debt.
d. assets not currently undergoing the activities necessary to prepare them for their intended use.

On december 31, 2011, daggett company issued $750,000 of ten-year, 9% bonds payable for $700,353, yielding an effective interest rate of 10%. interest is payable semiannually on june 30 and december 31. prepare journal entries to reflect (a) the issuance of the bonds, (b) the semiannual interest payment and discount amortization (effective interest method) on june 30, 2012, and (c) the semiannual interest payment and discount amortization on december 31, 2012. round amounts to the nearest dollar.

You need $87,000 in 12 years. required: if you can earn .54 percent per month, how much will you have to deposit today?

You park your car on sixth street and walk over to the quad for lunch. while crossing wright street, you are hit by a bicyclist and knocked to the ground. you hit your head so hard you are knocked out. when you wake up, the person who hit you is gone. you incur $45,000 in medical bills. the person who hit you would be liable for $150,000 in damages if you could find them. your policy will pay: