On january 1, 2019, agree company issued $78,000 of five-year, 8% bonds when the market interest rate was 12%. the issue price of the bonds was $74,401 agree uses the effective-interest method of amortization for bond discount. semiannual interest payments are made on june 30 and december 31 of each year which of the following is the correct journal entry to record the first interest payment? (round all amounts to the nearest whole dollar.) a. interest expense 4,680 cash 4,680 b. interest expense 3,120 1,560 discount on bonds payable cash 4,680 ° c. c. interest expense 4,680 discount on bonds payable cash 3,120 1,560 d. interest expense 4.464 discount on bonds payable cash ,344 3,120

Carolyn has a 50 percent interest in a general partnership that has a $14,000 loss for the year. she materially participates in the partnership. her basis in the partnership is $10,000. she also has salary from other employment of $46,000. if she is single, has no dependents, and claims the standard deduction, what is her taxable income and her tax liability in 2017

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000