subject
Business, 11.02.2020 20:39 Science2019

On April 1, 2021, Western Communications, Inc., issued 12% bonds, dated March 1, 2021, with face amount of $33 million. The bonds sold for $32.3 million and mature on February 28, 2024. Interest is paid semiannually on August 31 and February 28. Stillworth Corporation acquired $33,000 of the bonds as a long-term investment. The fiscal years of both firms end December 31, and both firms use the straight-line method.

Required:
a. Prepare the journal entries to record (a) issuance of the bonds by Western and (b) Stillworth's investment on April 1, 2018.
b. Prepare the journal entries by both firms to record all subsequent events related to the bonds through maturity.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
1. gar principles or "the principles"are intended to do what?
Answers: 2
question
Business, 22.06.2019 02:30
You have learned that there are many ethical concerns surrounding genetic research, and it's important to be familiar with them. for this project, you will write a persuasive essay about an ethical question in biotechnology. directions the goal of a persuasive essay is to convince people to agree with you. it is important to support your opinion with facts. a persuasive essay is not simply a description of your beliefs. be sure to organize your information, give clear examples, and build your argument carefully. read the following genetics topics below. choose a topic and then decide what side you are on. remember that there is no "right" or "wrong" side. ethical questions often have many points of view. research your topic and write a 400 word persuasive essay. topic 1: should insurance companies have the right to learn the genetic profiles of the people they insure? topic 2: should employers have the right to learn the genetic profiles of the people they hire? are there special considerations for employees in jobs in which there is a high risk to others, such as airline pilots, doctors, or bus drivers? topic 3: should scientists who identify genes and create new genetic engineering techniques have the right to patent their methods for their own profit?
Answers: 1
question
Business, 22.06.2019 06:30
Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies
Answers: 1
question
Business, 22.06.2019 17:00
Jillian wants to plan her finances because she wants to create and maintain her tax and credit history. she also wants to chart out all of her financial transactions for the past federal fiscal year. what duration should jillian consider to calculate her finances? from (march or january )to (december or april)?
Answers: 1
You know the right answer?
On April 1, 2021, Western Communications, Inc., issued 12% bonds, dated March 1, 2021, with face amo...
Questions
question
Mathematics, 13.01.2021 19:10
question
History, 13.01.2021 19:10
question
Biology, 13.01.2021 19:10
question
Spanish, 13.01.2021 19:10
question
Geography, 13.01.2021 19:10
Questions on the website: 13722360