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The Beta company issued bonds with a par value of $ 50 million and a nominal interest rate of 6.50%. The bonds pay interest every six months on January 1 and July 1. They were issued on July 1, 2019 and on that date had a duration of 20 years. On the issuance date, the market interest rate (yield) was 5.25%.
Question a. Prepare the journal entry to record the issuance of the bonds on July 1, 2019.
Question b. Prepare the wage entry for July 1, 2020.
Question c. If, with eight years (16 semesters) remaining for the bonds to mature, the company withdraws them in the amount of $ 56 million, prepare the wage entry to record the transaction.
On December 30, 2015, Whitney sold a piece of property for $85,000. Her ba- sis in the property was $40,000, and she incurred $1,200 in selling expenses.
ignoring income taxes if vc 80000 fc 60000 and break even sales revenue 80000 how do you calculate sales revenue
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petco makes 2 products dog collars and cat collars. each passes through the cutting machine which is the binding
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