LOL Music Store uses the perpetual inventory system to account for its merchandise. On November 17, it purchased $1,000 of merchandise with terms of 2/5,n/60.
If payment is made on November 21, demonstrate the required journal entry to record the payment by selecting all of the correct actions below. (Check all that apply.)

a) Credit Cash $980.
b) Credit Cash $1,000.
c) Credit Purchase Discounts $20.
d) Credit Merchandise Inventory $20.
e) Debit Merchandise Inventory $20.
f) Credit Accounts Payable $1,000.
g) Debit Accounts Payable $1,000.

Carolyn has a 50 percent interest in a general partnership that has a $14,000 loss for the year. she materially participates in the partnership. her basis in the partnership is $10,000. she also has salary from other employment of $46,000. if she is single, has no dependents, and claims the standard deduction, what is her taxable income and her tax liability in 2017

You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?

At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation