The City of Hiawatha issued $10 million of term bonds as of April 1, 2004. The bonds bear interest at 6%, due and payable each October 1 and April 1. Assuming the City maintains its books and records in a manner that facilitates the preparation of its fund financial statements the appropriate entity to record interest on the debt at June 30, 2007 (the City s fiscal year-end) is:. a. Debit Expenditures $300,000; Credit Interest Payable $300,000.
b. Debit Expenditures $300,000; Credit Other Financing Uses $300,000.
c. Debit Expenditures $300,000; Credit Due to Bondholders $300,000.
d. No entry required.

Which of the following actions is most likely to result in a decrease in the money supply? a. the discount rate on overnight loans is lowered. b. the government sells a new batch of treasury bonds. c. the federal reserve bank buys treasury bonds. d. the required reserve ratio for banks is decreased. 2b2t

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real

What is the relationship among market segmentation, target markts, and consumer profiles?