Entries for issuing bonds thomson co. produces and distributes semiconductors for use by computer manufacturers. thomson co. issued $930,000 of 15-year, 7% bonds on may 1 of the current year at face value,, with interest payable on may 1 and november 1. the fiscal year of the company is the calendar year. may 1 issued the bonds for cash at their face amount. nov. 1 paid the interest on the bonds. dec. 31 recorded accrued interest for two months. journalize the entries to record the above selected transactions for the current year.

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

explanation:

kool beans

there is no possible way mgk stands a chance with the greatest white rapper of all time. eminem killshots had more bars than rap devil and the reason mgk is doing all this is cause he not getting attention anymore til the release of rap devil and the disses he is putting on eminem. now rap devil was more fire than killshot so mgk might won the battle with rap devil but eminem won the war with killshot.

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