a). If $180,000, 9% bonds are issued on January 1, and pay interest semi-annually, the...
80.2K
Verified Solution
Link Copied!
Question
Accounting
a). If $180,000, 9% bonds are issued on January 1, and pay interest semi-annually, the amount of interest paid on July 1, will be $8,100
b) Under the direct method, when accounts receivable increase during the period, it means that less cash was collected from customers than was recorded as revenue by the company
please help true or false
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
