Assume Jones Electronics has excess cash to invest and pays $200,000 to buy $200,000 face value 5%, five year, Beck Company bonds on January 1 of the current year. The bonds pay interest on June 30 and December 31 each year. Jones plans to hold the bonds to maturity. To record the journal entry for the receipt of the first interest revenue received on the bond investment:

A. Date Accounts Debit Credit Jan 1 Cash 5,000 Interest Revenue 5,000
B. Date Accounts Debit Credit Jan 1 Interest Revenue 5,000 Cash 5,000
C. Date Accounts Debit Credit Jan 1 Cash 10,000 Interest Revenue 10,000
D. Date Accounts Debit Credit Jan 1 Interest Revenue 10,000 Cash

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince

Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was:

Acontinental polar air mass foms where