Business, 29.12.2021 21:40 criser1987zach
Cullumber Corporation had these transactions pertaining to debt investments
Jun. 1 Purchased 92 Martine Co. 11% bonds (each with a face value of $1,000) for $92,000 cash. Interest is payable annually on December 31.
Dec. 31 Received annual interest on Martine Co. bonds.
31 Sold 28 Martine Co. bonds for $31,010.
Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Jan. 113 Debt Investments 83000 Cash 83000 July 14 Cash 4150 4150 Interest Revenue (To record interest) July 14 Cash 34110 28000 Debt Investments 6110 Gain on Sale of Debt Investments To record sale of bonds) Your answer is partially correct. Try again. Prepare the adjusting entry for the accrual of interest at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 Interest Receivable Interest Revenue
Answers: 3
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Business, 22.06.2019 13:40
A.j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a.j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a.j. could have probably handled. a.j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a.j. was recognizing the culture at idle time gaming.
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Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.
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Business, 22.06.2019 17:50
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
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Cullumber Corporation had these transactions pertaining to debt investments
Jun. 1 Purchased 92 Ma...
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