On december 31, 2019, wintergreen, inc., issued $150,000 of 7 percent, 10-year bonds at a price of 93.25. wintergreen received $139,875 when it issued the bonds (or $150,000 × .9325). after recording the related entry, bonds payable had a balance of $150,000 and discounts on bonds payable had a balance of $10,125. wintergreen uses the straight-line bond amortization method. the first semiannual interest payment was made on june 30, 2020. complete the necessary journal entry for june 30, 2020 by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. score answer visit question mapquestion 2 linked to 3 of 9 total2 3 of 9 prev

Arguments made against free trade include all of the following exceptdumping is an unfair trade practice that puts domestic producers of substitute goods at a disadvantage that they should be protected against.national defense considerations justify producing certain goods domestically whether the country has a comparative advantage in their production or not.free trade is inflationary and should be restricted in the domestic interest. if foreign governments subsidize their exports, foreign firms that export are given an unfair advantage that domestic producers should be protected against.infant industries should be protected from free trade so that they may have time to develop and compete on an even basis with older, more established foreign industries.

In its first year of operations, sunland company recognized $30,000 in service revenue, $8,100 of which was on account and still outstanding at year-end. the remaining $21,900 was received in cash from customers. the company incurred operating expenses of $18,600. of these expenses, $12,880 were paid in cash; $5,720 was still owed on account at year-end. in addition, sunland prepaid $3,270 for insurance coverage that would not be used until the second year of operations. (a) calculate the first year's net earnings under the cash basis of accounting, and the first year's net earnings under the accrual basis of accounting.

Describe at least one way in which a line of credit is different from a loan.