On May 1, 2020, Friendly Company issued 2,000 $1,000 bonds at 102. Each bond was issued with one detachable stock warrant. Shortly after issuance, the bonds were selling at 98, but the fair value of the warrants cannot be determined.Instructionsa. Prepare the entry to record the issuance of the bonds and warrants.b. Assume the same facts as part (a), except that the warrants had a fair value of $30. Prepare the entry to record the issuance of the bonds and warrants.

Answer:

A. Dr Cash $2,040,000

Dr Discount on Bonds Payable $40,000

Cr Bonds Payable $2,000,000

Cr Paid-in Capital—Stock Warrants 80,000

B. Dr Cash $2,040,000

Dr Discount on Bonds Payable $20,594

Cr Bonds Payable $2,000,000

Cr Paid-in Capital—Stock Warrants $60,594

Explanation:

A. Preparation of the entry to record the issuance of the bonds and warrants.

Dr Cash 2,040,000

[(2,000*$1,000 )*1.02]

($2,000,000 *1.02=2,040,000)

Dr Discount on Bonds Payable $40,000

[(1 – .98) *$2,000,000]

Cr Bonds Payable $2,000,000

(2,000*$1,000 )

Cr Paid-in Capital—Stock Warrants 80,000

[$2,040,000 – ($2,000,000 * .98)]

(Being to record issuance of the bonds and warrants)

b. Preparation of the Journal entry Assume the same facts as part (a), except that the warrants had a fair value of $30

First step is to calculate the Total market value

Market value of bonds without warrants $1,960,000

($2,000,000 * .98)

Add Market value of warrants $60,000

(2,000 * $30)

Total market value $2,020,000

($1,960,000+$60,000)

Now let prepare the journal entry

Dr Cash $2,040,000

($2,000,000 *1.02=2,040,000)

Dr Discount on Bonds Payable $20,594

[($2,000,000+$60,594-$2,040,000]

Cr Bonds Payable $2,000,000

(2,000*$1,000 )

Cr Paid-in Capital—Stock Warrants $60,594

[($60,000/$2,020,000)*$2,040,000]

(Being to record issuance of the bonds and warrants)

On January 1, 2021, Tennessee Harvester Corporation issued debenture bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: Payment Cash Payment Effective Interest Increase in Balance Outstanding Balance 6,286,574 1 370,000 377,194 7,194 6,293,768 2 370,000 377,626 7,626 6,301,394 3 370,000 378,084 8,084 6,309,478 4 370,000 378,569 8,569 6,318,047 5 370,000 379,083 9,083 6,327,130 6 370,000 379,628 9,628 6,336,758 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ 38 370,000 432,132 62,132 7,264,327 39 370,000 435,860 65,860 7,330,187 40 370,000 439,813 69,813 7,400,000 Required: 1. What is the face amount of the bonds

True False 1. Capital projects funds account for proceeds of specific revenue sources that are legally required to be spent for specified purposes. 2. Utility bill payments are recognized in a proprietary fund. 3. The economic resources measurement focus is used to report the government-wide financial statements. 4. Capital assets and long-term liabilities specifically related to proprietary funds activities are accounted for using the modified accrual basis of accounting. 5. Governmental funds are accounted for using the accrual basis of accounting. 6. Government-wide financial statements report general long-term liabilities.

Which controls almost all of the media industry?


a few large companies


government agencies


small broadcasters


innovative entrepreneurs

what are the steps in the recording process

Evaluate an open economy from the spending approach in order to get the three sectorial balances, private, external, and public.

Which examples demonstrate common education and qualifications for Counseling and Mental Health Services careers? Check all that apply.


1. Soo uses leadership skills to guide a group of people in religious worship.

2. Jacqueline stays calm even when counseling patients who are angry or upset.

3. Brent uses math skills to help people fill out financial paperwork.

4. Nakisha provides therapy to families and has a master’s degree in Psychology.

5. Tao pays close attention to what patients say and how they behave during counseling sessions.

6. Adam lifts and carries young children while playing with them outdoors.

You want to be able to withdraw $800 from a savings account at the end of year 1, $900 at the end of year 2, $1,000 at the end of year 3, and so on over a total of 5 years. How much money must be on deposit right now, at the end of year 0, to just deplete the account after the 5 withdrawals if interest is 5% compounded annually

ABC Company uses a Materials Inventory account to record both direct and indirect materials. ABC charges direct materials to WIP, while indirect materials are charged to the Factory Overhead account. During the month of April, the company has the following cost information: Total materials (direct and indirect) purchased $ 92,700 Indirect materials issued to production 37,400 Total materials issued to production 109,000 Beginning materials inventory 53,700 The debit to the Factory Overhead account is:

***I WILL GIVE BRAINLIEST*****
Jose can't wait to buy his first car next month. He imagines that he will make several new friends at school since everyone will want to ride in his car. He is even having a hard time concentrating on filling orders at the restaurant where he works. Does Jose's thinking have an ethical component? Who is most affected by Jose's conduct? *

Ware Manufacturing Company produced 2,000 units of inventory in January 2018. It expects to produce an additional 14,000 units during the remaining 11 months of the year. In other words, total production for 2018 is estimated to be 16,000 units. Direct materials and direct labor costs are $64 and $52 per unit, respectively. Ware expects to incur the following manufacturing overhead costs during the 2018 accounting period:
Production supplies $ 20,000
Supervisor salary 160,000
Depreciation on equipment 75,000
Utilities 20,000
Rental fee on manufacturing facilities 45,000
Required
a. Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units
b. Determine the cost of the 2,000 units of product made in January Complete this question by entering your answers in the tabs below.
Required A Required B
Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units Predetermined overhead rate per unit < Required A Required B >

Which franchise model do automobile dealerships usually follow?
(plato)

The demand and supply curves show how buyers and sellers ________; the interaction of buyers and sellers ________. compete against each other; shows that there is no winner respond to prices; determines the price compete against each other; determines the winner determine the price; shows how they respond to prices

My father told me "Do your homework" change this sentence to indirect speech(reported speech).​

Why does the supply curve slope upward? To answer this question, use the choices below to identify the characteristics of an upward-sloping supply curve. Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box. check all that apply Increasing opportunity costsunanswered Increasing marginal costsunanswered Diminishing marginal utilityunanswered A decrease in resource pricesunanswered An increase in resource pricesunanswered Increasing labor productivity

Two firms decide whether to launch a new product: (i) If both firms choose to launch a new product, then each firm will receive $40 million due to incurring new expenses; (ii) if just one firm chooses to launch a new product, the firm launching a new product grabs market share from the other firm, and will receive $30 million, while the other firm which chooses not to launch will receive $45 million; (iii) if neither firm choose to launch a new product, then each firm will receive $50 million from current market. Assume both firms wants to maximize its revenue, so what will be their best move

10 Characteristics of a Successful Entrepreneur

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Many businesses will set the ________

through their organizational leadership.


A. Human resource policies

B. Company policies

C. Morality procedures

D. Ethical Tone

Please help meeeeeee
What types of home products are manufactured in your locality? Write with examples..
​

The World Trade Organization eliminates tariffs on agricultural goods.
True
False

Mr. Khalis has been employed as an account manager at Kyasara Sdn Bhd since 2 January 2012. On 1 October 2020, Kyasara Sdn Bhd decided to merge with another company named Maxell Sdn Bhd. As a consequence from that merger, the top management of Kyasara Sdn Bhd had terminated many employees including Mr. Khalis who was terminated on 30 November 2020. The company paid him a gratuity of RM280,000 in appreciation of his service. In addition, Mr. Khalis received RM110,000 as compensation for loss of employment and he withdrew RM140,000 from an unapproved fund whereby 60% of the fund was contributed by Kyasara Sdn Bhd. His remuneration and benefits received until 30 November 2020 are as follows:
1. Monthly salary of RM8,010 (after deducting employee’s EPF contribution of 11%).
2. BonuspaidinJune2020amountedtoRM10,000.
3. A monthly entertainment allowance of RM1,800, but he only spent 80% to
entertain company’s clients.
4. A monthly petrol allowance for official duties of RM480 and parking fees
allowance of RM300.
5. TraditionalmedicaltreatmentatanapprovedhospitalcostingRM650waspaid
by the company.
6. Mr. Khalis was awarded the performance incentive of RM2,500 for the year of
assessment 2018, which was paid on 31 October 2020. This incentive was
given due to his excellent service performance for the year of assessment 2018.
7. A new car costing RM250,000 with a driver were provided by the company
throughout his service.
8. A fully furnished condominium with a rental value of RM2,500 per month
(including furniture of RM800 per month) was provided until 30 November 2020.
9. A reimbursement of RM600 per month was made to pay for the salary of a
servant employed by Mr. Khalis.
10.The company paid for Mr. Khalis’s annual corporate membership fees of
RM2,500 to Kota Kemuning Golf Centre.
11.In January 2020, the company paid RM18,000 for his family’s vacation to Las
Vegas. The expenses inclusive of air tickets, accommodations and meals which were RM8,000, RM6,000 and RM4,000 respectively.

Required:
Compute the statutory employment income of Mr. Khalis for the year of assessment

For its most recent year a company had Sales (all on credit) of $830,000 and Cost of Goods Sold of $525,000. At the beginning of the year its Accounts Receivable were $80,000 and its Inventory was $100,000. At the end of the year its Accounts Receivable were $86,000 and its Inventory was $110,000.

a) The inventory turnover ratio for the year was?
b) The accounts receivable turnover ratio for the year was?
c) On average how many days of sales were in Accounts Receivable during the year?
d) On average how many days of sales were in Inventory during the year?

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An electronics manufacturer in Japan creates a strategic partnership with a
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and share in the control of the distribution and resources. The Japanese
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A) employee staff support personnel and logistics.
B) employment accounting marketing and management.
C) logistics social media the Internet and staffing.
D) production accounting and finance management administration human resources and sales and marketing.

Stockton Company Adjusted Trial Balance December 31 Cash 6,102 Accounts Receivable 2,938 Prepaid Expenses 703 Equipment 15,970 Accumulated Depreciation 6,337 Accounts Payable 1,719 Notes Payable 4,543 Common Stock 1,000 Retained Earnings 10,872 Dividends 916 Fees Earned 6,176 Wages Expense 2,514 Rent Expense 761 Utilities Expense 459 Depreciation Expense 233 Miscellaneous Expense 51 Totals 30,647 30,647 Determine the retained earnings ending balance.

if you saw i homeless man or woman what are you ganno do
A. KICK THE HOMELESS MAN OR WOMAN
B. GAVE SA MONEY
C GAVE SOME FOOD
D. STEAL THERE FOOD OR MONEY​

Which type of tutoring does the school normally offer
In seat tutoring
Online tutoring
Supplemental Instruction
All of the above​

In the context of marketing management philosophies, a sales orientation aims at