BUSINESS HIGH SCHOOL

Whispering Winds Corp. redeemed $174,000 face value, 9% bonds on April 30, 2017, at 104. The carrying value of the bonds at the redemption date was $157,221. The bonds pay annual interest, and the interest payment due on April 30, 2017, has been made and recorded. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Prepare the appropriate journal entry for the redemption of the bonds.

Answers

Answer 1
Answer:

Answer:

Bonds payable             174,000 debit

loss on redemption        23,739 debit

       discount on BP                     16,779   credit

       Cash                                   180,960   credit

--to record the redemption of bonds --

Explanation:

redemption value: 174,000 x 104% = 180,960

carrying value of the bonds:               (157,221)  

loss on redemption of BP                     23,739

There is a loss as the present value of the bonds is lower than we are paying for them

face value           174,000

carrying value     (157,221)  

discount                16,779

there is a discount as the carrying value of the bon is lower than the face value

We write-off the bonds accounts and declare the loss we also credit the cash used.

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Answers

Answer:

The cost of common equity is 13.33%

Explanation:

current price (Po) = $36

dividend (D1) = $3

growth rate (g) = 5%

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  = 0.1333

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Cameron and Drake are making plans for Saturday. Cameron wants to go bowling. Drake does not bowl well and prefers to shoot hoops at the YMCA. Cameron wants Drake to have a good time so he agrees shooting hoops will be fun for both of them. Cameron's decision to shoot hoops is an example of _____.mediationarbitrationcompromiseevaluation

Answers

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Answer:

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Explanation:

Match each interest inventory assessment with its correct description.Tiles

1. Strong Interest Inventory
2. Kuder Occupational Interest Survey
3. Self-Directed Search
4. Campbell Interest and Skill Survey

Pairs

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2. measures career and leisure interests, organizing them into four main areas
3. classifies people according to six different types to help match interests with a career choice
4. measures personal work interests in ten broad areas

Answers

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2. Kuder Occupational Interest Survey ⇒4. measures personal work interests in ten broad areas

3. Self-Directed Search⇒ 3. classifies people according to six different types to help match interests with a career choice

4. Campbell Interest and Skill Survey⇒1. rates people on seven orientation scales 

Answer: writes people on seven orientation scales: Campbell interest and skill survey

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Classifies people according to six different types to help match interest with a career choice: self-directed search

Measures personal work interest in 10 broad areas: Kuder occupational interest survey

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Answers

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Answers

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Answers

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