Dobbs Company issues 6%, two-year bonds, on December 31, 2020, with a par value of $106,000 and semiannual interest payments. Semiannual Period-End Unamortized Discount Carrying Value
(0) 12/31/2020 $ 6,120 $ 99,880
(1) 6/30/2021 4,590 101,410
(2) 12/31/2021 3,060 102,940
(3) 6/30/2022 1,530 104,470
(4) 12/31/2022 0 106,000
Use the above straight-line bond amortization table and prepare journal entries for the following.
Required:
(a) The issuance of bonds on December 31, 2017
(b) The first through fourth interest payments on each June 30 and December 31.
(c) Record the maturity of the bonds on December 31, 2019.

Which of the following statements is true regarding the definition of a fund? a fund is a fiscal entity which is designed to provide reporting that demonstrates conformance with finance-related legal and contractual provisions separately from gaap reporting. a fund exists to assist in carrying on activities and attaining objectives where there are no specific rules or restrictions. a fund is an accounting entity which is designed to enable reporting in conformity with gaap without being restricted by legal or contractual provisions. a fund is a mechanism developed to provide accounting for revenues and expenditures that are subject to certain restrictions separate from revenues and expenditures that are not subject to restrictions.

True or false: on january 1, year one, the epstein corporation buys a plot of land with a four-story office building. the company believes the building is worth $1.9 million and has an estimated life of twenty years (with no anticipated residual value). the straight-line method is used. the land has an assessed value of $100,000. because the seller was interested in a quick sale, epstein was able to buy this land and building for $1.7 million. depreciation expense to be recognized in year one is $80,750.

Who has summer school : ( because i do : (