Ruben Company purchased $100,000 of Evans Company bonds at 100 plus $1,500 in accrued interest. The bond interest rate is 8% and interest is paid semi-annually.
Required:
1. The journal entry to record the receipt of interest on the next interest payment date would be .
a. Debit: Cash $4,000; Credit: Interest Receivable $1,500 and Interest Revenue $2,500
b. Debit: Cash $4,000; Credit: Interest Receivable $4,000
c. Debit: Cash $4,000; Credit: Interest Revenue $4,000
d. Debit: Cash $2,500; Credit: Interest Revenue $2,500

Jaynet spends $30,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $85,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 40 paintings per year at a price of $4,000 each:

Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.

How do you know if two line segments are perpendicular?