Business, 06.12.2019 00:31, dicewillis

On may 1, 20y6, stanton company purchased $100,000 of harris company's 12% bonds at 100 plus accrued interest of $4,000. on june 30, 20y6, stanton received its first semiannual interest. on february 1, 20y7, stanton sold $80,000 of the bonds at 103 plus accrued interest. the journal entry stanton will record on february 1, 20y7, will include a
a. credit to interest revenue for $2,400.
b. credit to gain on sale of investments for $2,400.
c. debit to cash for $82,400
d. credit to interest receivable for $1,000.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 23.06.2019 07:50, youugly0123

If a price increase from $5 to $7 causes quantity demanded to fall from 150 to 100 and vice-versa, what is the absolute value of the own price elasticity at a price of $7? note that the question is about the price point of $7, and not $5.

Answers: 2

continue

Business, 23.06.2019 14:50, ineedhelp2285

If massachusetts has a sales tax of 6 percent and new hampshire has no sales tax, how much money can be saved by buying a $1,000 television in new hampshire? $6 $16 $60 $600

Answers: 1

continue

Business, 23.06.2019 15:10, hahaiwannadie

Bramble corporation is a small wholesaler of gourmet food products. data regarding the store's operations follow:

Answers: 2

continue

Business, 23.06.2019 21:30, savannadutton8577

"a critical element of this step in the ethical decision-making process will be the consideration of ways to mitigate, minimize, or compensate for any possible harmful consequences or to increase and promote beneficial consequences." which step is this?

Answers: 1

continue

Do you know the correct answer?

On may 1, 20y6, stanton company purchased $100,000 of harris company's 12% bonds at 100 plus accrued...