Bramble corp. issued 1,200 9%, 8-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.)
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Business, 22.06.2019 11:00
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
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Business, 22.06.2019 23:30
How does the federal reserve stabilize and safeguard the nation’s economy? (select all that apply.) it distributes currency and oversees fiscal conditions. it implements american monetary policy. it regulates banks and defends consumer credit rights. it regulates and oversees the nasdaq stock exchange.
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Business, 23.06.2019 09:30
Ronald sees that his employer's stock has grown from $20 a share to $60 a share this year, while most stocks have seen only 5% growth. his employer offers to let him convert a large portion of his salary into stock options. what is not a valid reason to turn down the stock offer? a)stocks with high returns have high volatility, and ronald's company may not grow further. b)ronald may be taxed more for capital gains than he would be for employment income. c)stock options are illiquid, and ronald may not be able to use them to pay for unexpected bills. d)ronald would be committing stock fraud if he exercises the options.
Answers: 1
Bramble corp. issued 1,200 9%, 8-year, $1,000 bonds dated january 1, 2017, at face value. interest i...
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