subject
Business, 14.01.2020 06:31 bandzswagg123

M10-9 recording the issuance and interest payments of a bond issued at a pr(ith premium account) lo10-5 rko company sold bonds with a face value of $860,000 for $1,020,213. the bonds have a coupon rate of 9 percent, mature in 8 years, and pay interest annually every december 31. all of the bonds were sold on january 1 of this year. using a premium account, record the sale of the bonds on january 1 and the payment of interest on december 31 of this year. rko uses the effective-interest amortization method. assume an annual market rate of interest of 6 percent. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your final answer to whole dollars.) view transaction list journal entry worksheet record the sale of the bonds on january 1 note: enter debits before credits. date general journal debit credit january 01 record entry clear entry view general journal

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:30
Gino's restaurant is a popular restaurant in boston, massachusetts. the owner of the restaurant has been trying to better understand costs at the restaurant and has hired a student intern to conduct an activity-based costing study. the intern, in consultation with the owner, identified the following major activities: activity cost pool activity measure serving a party of diners number of parties served serving a diner number of diners served serving drinks number of drinks ordered some costs, such as the cost of cleaning the linens that cover the restaurant's tables, vary with the number of parties served. other costs, such as washing plates and glasses, depends on the number of diners served or the number of drinks served. data concerning these activities are shown below. serving a party serving a dinner serving drinks total total cost $47,600 $153,000 $59,800 $260,400 total activity 7,000 parties 30,000 diners 46,000 drinks prior to the activity-based costing study, the owner knew very little about the costs of the restaurant. she knew that the total cost for the month was $260,400 and that 30,000 diners had been served. therefore, the average cost per diner was $8.68.required: 1. compute the activity rates for each of the three activities 2. according to the activity-based costing system, what is the total cost of serving each of the following parties of diners? a. a party of four diners who ordered three drinks in total b. a party of two diners who do not order any drinks c. a lone diner who orders two drinks 3. convert the total costs you computed in part (1) above to costs per diner. in other words, what is the average cost per diner for serving each of the following parties: a. a party of four diners who order three drinks in total b. a party of two diner who do not order any drinks c. a lone diner who orders two drinks 4. why do the costs per diner for the three different parties differ from each other and from the overall average coast of $9.80 per diner?
Answers: 1
question
Business, 21.06.2019 22:30
Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle
Answers: 2
question
Business, 22.06.2019 18:20
Principals are an administration career
Answers: 2
question
Business, 22.06.2019 19:30
Which of the following occupations relate to a skill category of words and literacy
Answers: 1
You know the right answer?
M10-9 recording the issuance and interest payments of a bond issued at a pr(ith premium account) lo1...
Questions
question
Computers and Technology, 16.04.2021 14:00
question
English, 16.04.2021 14:00
question
Physics, 16.04.2021 14:00
question
Mathematics, 16.04.2021 14:00
question
Mathematics, 16.04.2021 14:00
question
Mathematics, 16.04.2021 14:00