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On August 31, 2010, Merry Company acquired four $1,000 face value bonds with a 10% interest rate at face value plus accrued interest. Interest on the bonds is paid semiannually on March 31 and September 30. At December 31, 2010, the bonds are quoted at 96. The decline in value is deemed temporary. Assume that the bonds were classified as available for sale.
REQUIRED QUESTIONS:
a. Prepare the journal entries to record Merry's transactions in temporary investments in bonds for 2010.
b. Now assume that the bonds were sold on December 31 at 96 plus accrued interest. Prepare the journal entry to reflect this transaction.
A company reports the following beginning inventory and purchases for the month of January. On January 26, the company sells 360 units. What is the cost of the 155 units that remain in ending inventory at January 31
i want to write a paper on some aspect of management. an example of a good research question might be a what is the
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