On january 1, 2019, commercial equipment sales issued $38,000 in bonds for $15,700. these are sixminus−year bonds with a stated interest rate of 10%, and pay semiannual interest on june 30 and december 31. commercial equipment sales uses the straightminus−line method to amortize the bond discount. what amount is debited to interest expense on june 30, 2019?

Outstanding stock consists of 8,300 shares of cumulative 7% preferred stock with a $10 par value and 4,300 shares of common stock with a $1 par value. during the first three years of operation, the corporation declared and paid the following total cash dividends. year dividend declared 2016 $ 0 2017 $ 7,300 2018 $ 45,000 the amount of dividends paid to preferred and common shareholders in 2018 is:

Increases in output and increases in the inflation rate have been linked to

Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.