Marigold Corp. issues $220,000, 10-year, 5% bonds at 96.Prepare the journal entry to record the sale of these bonds on March 1, 2019.DateAccount Titles and ExplanationDebitCreditMar. 1

Answers

Answer 1

The Cash account is debited for the amount of cash received from the bond sale, which is $211,200. The Discount on Bonds Payable account is credited for the amount of discount on the bonds, which is $8,800 ($220,000 - $211,200). The Bonds Payable account is credited for the face value of the bonds, which is $220,000.


On March 1, 2019, Marigold Corp. issued $220,000, 10-year, 5% bonds at 96. The company received cash of $211,200 from the bond sale, which is computed as follows: $220,000 x 0.96 = $211,200.
To record the sale of these bonds, the following journal entry should be prepared:
Date | Account Titles and Explanation | Debit | Credit
--- | --- | --- | ---
Mar. 1 | Cash | $211,200 |
Mar. 1 | Discount on Bonds Payable | $8,800 |
Mar. 1 | Bonds Payable | | $220,000
The Cash account is debited for the amount of cash received from the bond sale, which is $211,200. The Discount on Bonds Payable account is credited for the amount of discount on the bonds, which is $8,800 ($220,000 - $211,200). The Bonds Payable account is credited for the face value of the bonds, which is $220,000.
In summary, the journal entry to record the sale of $220,000, 10-year, 5% bonds at 96 by Marigold Corp. on March 1, 2019 is:
Cash $211,200
Discount on Bonds Payable $8,800
Bonds Payable $220,000
Answer: The journal entry to record the sale of $220,000, 10-year, 5% bonds at 96 by Marigold Corp. on March 1, 2019 would be:
Date | Account Titles and Explanation | Debit | Credit
--- | --- | --- | ---
Mar. 1 | Cash | $211,200 |
Mar. 1 | Discount on Bonds Payable | $8,800 |
Mar. 1 | Bonds Payable | | $220,000

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Related Questions

If the country wants to move from its current point and produce 10 more tons of food, it must produce...

O 5 more tons of clothing

O 5 fewer tons of clothing

10 more tons of clothing

O 10 fewer tons of clothing

Answers

5 fewer tons of clothing

A. Identify a profession b. In not more than 60 words, describe the "art" and "science" of such profession in (a).

Answers

Answer:

Comedy as a Profession is a great example.

Explanation:

The science of it is related to the psychology of what makes people laugh.

If studied, one would realize that there are certain things that are bound to make people laugh (all things being equal). An example is when a person makes fun of themself to an audience.

To explain this, scientists have stated that it is inherent in humans to laugh at the misfortune of others. However, this is just a theory and does not explain why we laugh at other kinds of comedy.

A plausible explanation (which is more recent in the parlance of psychology) is that people also laugh when certain expectations are defied in a very witty manner.

As a professional stand-up comedian, knowing all the rules and tricks is just one part of the coin. Being able to, either by practice or repeated efforts during practice, internalize these principles, practice them and effectively use them is the artistic part of the picture.

There those who are gifted naturally with a principle thought process that elicits laughter from others, would be termed hilarious. However, to make a living out of comedy, one would need to fully understand the principles and practice to deliver them as naturally as possible.

Another paradigm to the art of comedy is that, it has to be very witty. Wit many times may come with an element of suprise... a new angle that was previously "unthought" of.

Cheers!

HELP ME PLEASE!!!
when is it usually best to choose a variable rate home mortgage?
A. if you plan to stay there many years.
B. if you plan to stay there a short time before moving again.
C. if you plan to rent it out.
D. if you plan to have a large family.

Answers

Answer:

A...............maybe D

Problem 17-1A Comparing costs using ABC with the plantwide overhead rate LO P1, P3, A1, A2

Answers

Answer:

$67.50 per hour

Explanation:

Setup Cost = $312,500

Transportation Cost = $10,000

Direct Labor cost $25,500

Modification of machine cost $12,000

Insurance of Factory Premises $28,000

Raw material Cost $118,250

Machine hours = 7,500 hours

labor hours = 3,500  hours

Total manufacturing Overheads = $506,250 / 7,500 = $67.5 per hours

DO you like Anne with an E?​

Answers

Answer:

meh

Explanation:

it's okay. I kind of don't like how they stayed from the book but all the scenes were shot beautifully, and the actors did great. I only watched a few so I cant give more than a "meh" but I do like what I'm seeing so far

Place the steps for proper lifting technique in the correct order. --Select-- --Select-- --Select- --Select-- --Select- --Select-​

Answers

Answer:hold up

Explanation:

Which economic system is based on an idea of equality of result; that regardless of how well off somebody starts, all
should be guaranteed an equal success?
O A. Traditional
B. Command
OC. Mixed
D. Market

Answers

B. Command

What your describing sounds a lot like communism which would be found under a command economic system

Answer:

D.Market

Explanation:

A market economy conforms to formal equality of opportunity only if jobs offered by business firms are publicized in advance, so that anyone who might want to apply has a reasonable opportunity to do so.

What are some common spreadsheets applications?​

Answers

USES ( APPLICATIONS) of spreadsheet are;

1) to create budgets : Excel can be used in creation of budget s which is the estimation of revenue as well as expenses which covers specified future period of time.

2)produce graphs and charts: it's application is helpful in creating graphs in mathematics as well as statistics

3 for storing and sorting data: Data sorting can be done using spreadsheet. It involves arrangements of data into an order in order to make analysis of the data easier.

SPREADSHEET APPLICATION

1)Microsoft Excel : This is used in data

crunching , it can handle large data sets.

2)LibreOffice : it's applicable in Calc for a free as well as native spreadsheet app.

4) Smartsheet: is useful when handling

task involving non-spreadsheet and can be used for project management.

5)Quip : it's useful for integration of

spreadsheets into shared documents.

Understanding the legal ramifications what types of policies should organizations implement when using social media tools for recruitment

Answers

Answer:

Social media is a vital tool for online recruitment in the large MNCs now-a-days.

Explanation:

In the recent, there is a trend of recruiting the new professionals through various online platforms and other social media tools.

With social media many legal consideration comes into account. The organizations while handling social media tools for recruitment has to look on various important points while posting their advertisement and collecting the data of the candidates online. There are severe legal ramifications on using social media in a wrong way, so organization have to be ethical while using them.

Firstly, they should respect the privacy of the social media communities.Professionalism and rules of ethics should be applied.They should respect the copyright laws.

Which of the following tips can help you avoid electrical
shock from a computer? (Select three answers.)
Unplug the computer before performing maintenance.
| Keep liquids away from the computer.
Open up the computer while it is turned on to see
what's wrong.
D Use only the keyboard and not the mouse when
performing maintenance.
Make sure the computer doesn't have worn out wiring.
Wash the inside of the computer with water to keep it clean.

Answers

Answers:


1) Unplug the computer before preforming maintenance.

2) Keep liquids away from computer.

3) Make sure the computer doesn’t have a worn out wiring.


I hope this helped :)

5. Describe how Chris used networking to his advantage in getting an internship
Witter and signing new clients.

Answers

Answer:

is there more information for this question?

Describe a situation where value at one level of the enterprise may not be seen as valuable at another level

Answers

Answer:

At the Board level of a traditional company, the value delivered by a company's Information technology unit is rarely mentioned or discussed if they are not an IT firm.

This is attributable to the inability of traditional firm-level economic analysis to bring fully to the fore, in a langugage that the Board of governors can understand, the intangible impacts of IT delivers to the overall business value.

The purchase of faster laptops and better productivity tools (for instance) which help to foster collaboration irrespective of time or space will in some way translate to increased bottom line due to increased effectiveness and efficiency might go unaccounted for or unnoticed in a board level report.

However, the sales-manager who brought in more money in sales will most likely get very decent attention from the powers that be.

Cheers

Select all that apply.
Which of these are true of a natural pause following a conversation?
You should begin speaking to avoid awkwardness.
You should not panic.
Take a moment to collect your thoughts before you speak.
Conversations that end with a pause went poorly.

Answers

Answer: all of the above.

Why? Because all of them are important in a conversation!
speaking to avoid awkwardness is good so you won’t end up ruining the conversation without realizing and giving the other person a bad impression about yourself. And not panicking is quite important too, because when you panic and get negative thoughts you’ll realize that it’s keeping you down and making you feel bad or anxious about every single word you say. And lastly collecting your thoughts and putting them in order (few seconds before starting a conversation) can be helpful to most people which will make them feel more confident and prepare especially if the conversation was serious.

Answer:

You should not panic

AND

Take a moment to collect your thoughts before you speak.

Explanation:

Hope this helps!

What are three ways to discover how to involved in your chosen career field

Answers

Answer:

Research industry information. ...

Find out about professional associations. ...

Research career options using LinkedIn.

List of the least five behaviors you feel would be behavior you feel would be considered irresponsible in the workplace. For each behavior listed, provide a detailed example/scenario to detail what makes the behavior either responsible or irresponsible.

Answers

Answer: See Explanation

Explanation:

Some of the behaviors that would be considered irresponsible in the workplace include:

1. Lateness: Every company has its working hours and it is required for the employees to adhere to the working hours and always get to work on time. Lateness is a bad habit in the workplace. For a company to achieve its goals, it's required for its workers to come to their workplace early and perform their duty well.

2. Cyberslackers: This occurs when the employees use the internet that is meant for work related activities to surf the net and browse sites that doesn't relate to their work. For example, a case whereby an employee is checking his or her social media at the workplace.

3. Lying to other employees: It is a bad behavior for an employee to lie or say something that's not true about a person in order to gain an advantage or for other person reasons Lying brings about lack of trust and disunity in the workplace.

4. Having a bad character: In an organization, it is vital for the employees to possess good characters such as being kind, caring, helpful etc. Possessing a bad character will have a negative effect on the company.

5. Theft: Employee theft is also an irresponsible behavior in the workplace. Stealing has a negative effect on the revenue of the company as it reduces the revenue such company makes. Employees should always make sure that they do not falsify information in order to gain a financial advantage or steal company's fund.

Productivity is an important goal for Clearwater Electronics. Like most productive organizations, Clearwater recognizes the contributions human resource management (HRM) can make to improve productivity through people. How can HRM best ensure that the work environment at Clearwater is one in which employees are productive and add value?

Answers

Answer:

HR managers can contribute by providing work organization and design that allow for an increase of output as well as quality

Explanation:

Pete and Shirley are filing a joint return. They have two dependent children. What is the total amount of their exemptions for tax year 2019? A. $0 B. $4,200 C. $8,400 D. $16,800

Answers

Answer:

A. $0

Explanation:

The Tax Cuts and Jobs Act eliminated personal exemptions starting 2018. It also increased standard deductions though. For example, the standard deduction for married filing jointly for 2019 was $24,400. This is a significant increase if you consider that the standard deduction for married filing jointly in 2017 was $12,700.

Besides individuals, who else pays taxes in our country?

Answers

Answer:

Aliens?

Explanation:

In what type of economy do people officials determine the 3 basic economic questions?

Answers

Most likely a Command economy.

How can the government be both a producer and a consumer in respect to its relationship with business

Answers

Answer:

they gonna tinda and be kind to the coatumets

Answer:

they are gonna tinda and be nice to the caotmautes

While using a debit card increases the speed and efficiency of business transactions, what effect can this have on a person's money management skills?

Answers

Often, using a debit card doesn’t feel like you are using real money, because it is so simple and efficient. This can cause people to buy more than they have in their checking account, often resulting in overdraft fees and poor budgeting.

The person can set his or her financial goal and this will result in preplanning the funds. This makes the platform an easy target to transact with and more efficient.

What is a financial goal?

A financial goal is an objective or plan for handling money. It is a function of how much money you make, spend, save, or invest. Depending on their need for a financial objective, such as pension planning, a person or individual might define their own financial goals.

The person who is a using debit card or a credit card. This would help the person in maintaining their efficiency and a budget. They can even set a limit through which they can be allowed to transit.

Also, they can use ODIs which is overdraft as well as bills receivable. This would increase their efficiency and money management.

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2) On the basis of the calculations you have made, explain which location Saber should
choose.

Answers

Answer:

Explanation:

physical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributes

Theta Inc. uses normal costing and applies overhead based on direct material costs. The predetermined overhead rate for the current year is 250% of direct material costs. During the year, $3,500,000 of direct material costs and $4,000,000 of direct labor costs were incurred. Theta's applied overhead is:

a. $9,375,000.

b. $1,600,000.

c. $8,750,000.

d. $1,400,000.

Answers

Answer:

a. $9,375,000.

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Devon, a Project Manager is working on a software development project. He needs more coders to complete the project on time. As a result, he hires people and they are given on-the-job training by their coworkers. However, this significantly reduces the output of th team and leads to a delay in the project. The given scenario exemplifies:

Answers

Answer: the mythical man-month effect

Explanation:

The scenario given in the question above signifies the mythical man-month effect.

According to the mythical man-month effect, it explains that when more programmers are added to a particular project, this eventually led to a delay in the project.

Since we are told that Devon needs more coders to complete the project on time and therefore hired more people to complete the project but eventually led to a delay, thus signifies the mythical man-month effect.

FINISH THIS SENTANCE
There was this blind man, right? He Was feeling his way down the street with this stick,

Answers

when he runs into a old dog who so happens to be a dog that guides blind people.

Which of the following explains how revenue is determined?

A. The total amount of money brought in by sales.

B. Gross domestic product is calculated.

C. Costs are subtracted from revenues.

D. The maximum level of benefits is figured.​

Edit: Its not C

Answers

Answer:

A. The total amount of money brought in by sales.

Question 2 (1 point)
Kelsi works in a toy manufacturing company assembling small dolls. Her job falls into
the Maintenance, Installation & Repair pathway of the Manufacturing career cluster.

1:) True

2:) False

Answers

True




I guess don’t be mad if I’m wrong

The user growth rate of a social media platform decreased by 15% per month. On January 1, the platform had 20 million users. If growth decreases at 15% each month, how many will it have by year end?

Answers

Answer:

2.844835 million current users

Explanation:

20 million x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85 x .85

How will taxation influence the circular flow model

Answers

Answer:

TMS

Explanation:

Taxes (T) imposed by the government reduced the flow of income.

Money paid to foreign companies for imports (M) also constitutes a leakage.

Savings (S) by businesses that would have been put to use are a decrease in the circular flow of an economy's income.

Prepare a report on environmental sanitation. Include the impacts, causes, and prevention methods​

Answers

Answer and Explanation:

Environmental sanitation is carried out through a series of public investments that seek to promote environmental control in a region. The impacts of this type of sanitation must be positive, since it is through it that a community can present adequate garbage collection, treated water supply, sewage treatment, correct disposal of human waste, cleaning of public roads, basic sanitation, among others . All of this promotes human development, the well-being of the population and environmental preservation.

The causes of environmental sanitation are the need to establish social policies that promote better living conditions and that optimize the health of citizens without degrading the environment.

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2Highlight four ways in which commercial banks differ from non-bank Financial institutions.(4mks)Commercial bank from non bank financial institution An engineering student has just finished the freshman year and has received an offer of $20,000 per year in a full-time job. with prospects of salary increasing 3 % per year until retirement after 33 years. If employment is taken, the student will likely not finish his engineering degree. Tuition and other costs are $10,000 next year, increasing at 7% per year. A starting salary of $45.000 could be expected upon graduation from the fouryear program. Salary increases in the engineering job are estimated at 4% per year until retirement after 30 years. Required:On the basis of economics alone, should the student take the job now or finish college? Analyze as two mutually exclusive alternatives and solve with present worth analysis. Interest rate is 7%. HURRY PLEASEEEEE. Mexico Citys population is an example of __________________________. a. the growth of the divide between rich and poor c. the growth of immigration b. the shrinking middle class d. none of the above Solve for xSolve for x What is the height of the boat in the scale model?What length is the real boat? Solve for X: X+8=3(x-7)-5 Nobody invites Kunal to parties Luis has just been diagnosed with diabetes. The most credible Internet nutrition websites for Luis would includeGroup of answer choices Using technology, determine the monthly payment on a 35 month loan of $28,000 at 8.1% compounded monthly. Round your answer to the nearest cent. Please select the best answer from the choices providedA. $900.90B. $875.02C. $1,102.94D. $1,012.10 JJack, Jill, and Bill each carried a 48-fluid ounce bucket full of water down the hill. By the time they reached the bottom, Jack's bucket was only 3/4 full, Jill's was 2/3 full, and Bill's was 1/6 full. How much water did they spill altogether on their way down the hill? Franny threw dice onto the game board. HELPDescribe Brown vs. Board of Education: Pls help i've been literally working on this for hours.07.01 Are You Awake?Article Frame Template(i'm not gonna go over all the questions since i don't need help on all i think)also this is about the Second Great Awakening.Are You Awake?Camp Meeting Engraving Artifact:(the picture)This is wat i need help on: Tell me what happened during this event.People participated in this event through three main ways:1. ...2. 3. Important people involved included:Many participants were women because Find your best waifu and post it here SOMEONE PLEASE ANSWER OMG Considering that different types of cells have different rates of mitosis,which of the following would be a correctly finish this statement? Celltypes like skin and hair are damaged and need replaced more often thanliver cells; therefore ......Liver cells would have MORE cells doing Mitosis and Apoptosis compared toSkin/Hair cellsLiver cells would have LESS cells doing Mitosis and Apoptosis compared to Skin/HaircellsLiver cells would have the SAME amount of cells doing Mitosis and Apoptosiscompared to Skin/Hair cells Read the sentence.They ate the sandwiches, fruit, and vegetables before they washed the dishes.How should the sentence be punctuated to omit the phrase "the sandwiches, fruit, and vegetables"? They ate; before they washed the dishes. They atebefore they washed the dishes. They ate, before they washed the dishes. They ate . . . before they washed the dishes. Jennifer has 12 nickels and dimes. The value of her coins is $1 Write a story to match the equation: x + 2 1/2 = 10 Lin likes to bake batches of muffins and share them with friends and family. She needs 10 cups of flour for her next batch, but only has 2 1/2 cups left. How much more flour does she need? Find the value of x in the rhombus 6 + 4y = Y-6 hurry please giving 15 points