Business, 19.03.2020 09:10 sonykorah7279
On March 1, 2018, Stratford Lighting issued 14% bonds, dated March 1, with a face amount of $300,000. The bonds sold for $294,000 and mature on February 28, 2038 (20 years). Interest is paid semiannually on August 31 and February 28. Stratford uses the straight-line method and its fiscal year ends December 31.
1.Prepare the journal entry to record the issuance of the bonds by Stratford Lighting on March 1, 2013
2.Prepare the journal entry to record interest on August 31, 2013
3.Prepare the journal entry to accrue interest on December 31, 2013.
4.Prepare the journal entry to record interest on February 28, 2014
Answers: 3
Business, 21.06.2019 23:30
Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.
Answers: 3
Business, 22.06.2019 00:00
Which of the following is a disadvantage to choosing a sole proprietorship business structure? question 9 options: the owner has personal responsibility for the company's liabilities. the owner has to share the profits with partners. the owner is still liable for personal debts. the owner has to report to shareholders.
Answers: 1
Business, 22.06.2019 13:50
Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system
Answers: 1
Business, 22.06.2019 20:00
Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation
Answers: 2
On March 1, 2018, Stratford Lighting issued 14% bonds, dated March 1, with a face amount of $300,000...
Mathematics, 18.12.2020 04:10
Social Studies, 18.12.2020 04:10
Arts, 18.12.2020 04:10
History, 18.12.2020 04:10
Mathematics, 18.12.2020 04:10
Mathematics, 18.12.2020 04:10
English, 18.12.2020 04:10
Physics, 18.12.2020 04:10
Advanced Placement (AP), 18.12.2020 04:10
Mathematics, 18.12.2020 04:10
Physics, 18.12.2020 04:10