Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please provide the answer. question 7 a company

please provide the answer. QUESTION 7 A company issues 50, $1,000 maturity value,...

60.1K

Verified Solution

Question

Accounting

image

please provide the answer.

QUESTION 7 A company issues 50, $1,000 maturity value, 10% bonds at 95. The journal entry includes a: O debit to Cash for $50,000 O debit to Cash for $47,500 O credit to Bonds Payable for $47,500 O debit to Premium on Bonds Payable for $2,500

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!
Become a Member

Other questions asked by students

Q

. Answer the following questions: a-A tax payer acquires an asset through manufacturing it and he incurred the...

Accounting
Q

Two autosomal genes control horn color in dragons. Pure-breeding gold-horned dragons were mated to pure-breeding silver-horned dragons....

Biology
Q

What does it mean to have a comprehensive perspective? A. When one shows moral concern involving a...

Electrical Engineering
Q

Explain how organizations and end users can benefit from an enhanced FACILITIES MANAGEMENT (FM) service delivery.

General Management
Q

3 30 J 92 The plates of a capacitor of capacitance 10 F are given...

Physics
Q

Trigonometry Explain how 01 02 03 04 values are obtained Final answer is provided Explain...

Algebra
Q

90 70 75 Suppose Fatima wants to know the total production of sport shoes in...

Algebra
Q

July 8 Borroived $557,000 cash from NBR Bank by signing a 120-day, 112,$57,000 note payable....

Accounting
Q

I need help with this question. The answer is c but I'm not sure how...

Accounting
Q

b 62. Becu Pacific is a luxury passenger carrier in the Philippines. All seats-are first...

Accounting
Q

Francis, Inc. acquired 40% of Park's voting stock on January 1, 2020, for $420,000. During...

Accounting
Q

your company is planning on purchasing a new assembly line. this new line will cost...

Accounting