subject
Business, 16.04.2020 04:03 blondielocks2002

On September 1, Parsons Company purchased $84,000, 10-year, 7% government bonds at 100 plus accrued interest. The semiannual interest payment dates are June 30 and December 31. Interest calculations are done by the month. Required:a. Journalize the entry to record the bond purchase. b. Journalize the receipt of interest on December 31 of the first year. c. Journalize the sale of the bonds on February 1 of the second year for $82,000 plus accrued interest. If an amount box does not require an entry, leave it blank. a. Year 1 Sept. 1 b. Year 1 Dec. 31 c. Year 2 Feb. 1

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 08:50
Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.
Answers: 2
question
Business, 22.06.2019 11:30
4.     chef a says that broth should be brought to a boil. chef b says that broth should be kept at an even, gentle simmer. which chef is correct? a. neither chef is correct. b. chef a is correct. c. both chefs are correct. d. chef b is correct. student c   incorrect which is right answer
Answers: 2
question
Business, 22.06.2019 18:00
Match the different financial task to their corresponding financial life cycle phases
Answers: 3
question
Business, 22.06.2019 19:00
In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of:
Answers: 1
You know the right answer?
On September 1, Parsons Company purchased $84,000, 10-year, 7% government bonds at 100 plus accrued...
Questions
question
Mathematics, 27.01.2021 18:20
question
Mathematics, 27.01.2021 18:20
question
Chemistry, 27.01.2021 18:20
question
Mathematics, 27.01.2021 18:20
question
Computers and Technology, 27.01.2021 18:20
question
Physics, 27.01.2021 18:20
question
Arts, 27.01.2021 18:20
question
Mathematics, 27.01.2021 18:20
question
Mathematics, 27.01.2021 18:20
Questions on the website: 13722363