The discount on a bond payable becomes

A. a reduction in interest expense the year the bonds mature.
B. a liability in the year the bonds are sold.
C. a reduction in interest expense over the life of the bonds.
D. additional interest expense the year the bonds are sold.
E. additional interest expense over the life of the bonds.

Juniper company uses a perpetual inventory system and the gross method of accounting for purchases. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 26, it paid the full amount due. the correct journal entry to record the merchandise return on august 11 is:

What are six resources for you decide which type of business to start and how to start it?

Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?