Pina colada corp. issued 2,100 8%, 9-year, $1,000 bonds dated january 1, 2017, at face value. interest is paid each january 1.
(a) prepare the journal entry to record the sale of these bonds on january 1, 2017. (credit account titles are automatically indented when amount is entered. do not indent manually.)
(b) prepare the adjusting journal entry on december 31, 2017, to record interest expense. (credit account titles are automatically indented when amount is entered. do not indent manually.)
(c) prepare the journal entry on january 1, 2018, to record interest paid. (credit account titles are automatically indented when amount is entered. do not indent manually.)

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $