This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The journal entry to record $350,000 of bonds that were issued at 97 would be to: (Read 29 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Feb 18, 2020
The journal entry to record $350,000 of bonds that were issued at 97 would be to:
◦ debit Cash, $350,000; credit Bonds payable, $350,000.
◦ debit Cash, $339,500; debit Discount on bonds payable, $10,500; credit Bonds payable, $350,000.
◦ debit Cash, $339,500; credit Bonds payable, $339,500.
◦ debit Cash, $350,000; credit Bonds payable, $339,500; credit Premium on bonds payable, $10,500.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by charchew on Feb 18, 2020

joshbk44

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


charchew

  • Member
  • Posts: 579
Reply 2 on: Feb 18, 2020
Thanks for the timely response, appreciate it

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf
Geometry of bonds when carbon is covalently linked to three or four other atoms Geometry of bonds when carbon is covalently linked to three or four other atoms
EEG electrodes attached to the child’s scalp provide a record of brain activity in multiple ... EEG electrodes attached to the child’s scalp provide a record of brain activity in multiple ...
The Emergency Action Guide entry for styrene. Useful information includes emergency response ... The Emergency Action Guide entry for styrene. Useful information includes emergency response ...
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Regulation of Bacteriophage Entry into the Lytic or Lysogenic Cycle Regulation of Bacteriophage Entry into the Lytic or Lysogenic Cycle
Video: Rods and Cones Animation

For a complete list of videos, visit our video library