On January ​1, 2018 ​, the Nixon Corporation purchased $500,000 par value 6% bonds that mature on December ​31, 2021. The company has the positive intent and ability to hold the bonds until they mature. The market rate of interest was 8% when Nixon purchased the bonds. Nixon receives interest on the bonds semiannually each June 30 and December 31. What future cash inflows will Nixon receive on this​ investment? What is the purchase price of the​ bonds? Did purchase the bonds at a discount or​ premium? Prepare the journal entry to record the acquisition of the bonds. What future cash inflows will receive on this​ investment? The future cash inflows that Nixon will receive on investment is . What is the purchase price of the​ bonds? ​(Use the present value and future value​ tables, the formula​ method, a financial​ calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula​ method, use factor amounts rounded to five decimal​ places, X.. Round intermediary currency computations and your final answers to the nearest whole​ dollar.) The purchase price of the bonds is . Did purchase the bonds at a discount or​ premium? Nixon purchased the bonds at a of . Prepare the journal entry to record the acquisition of the bond investment. ​(Record debits​ first, then credits. Exclude explanations from any journal​ entries.)

Selected t-account balances for bloomfield company are shown below as of january 31, which reflect its accounting adjustments. the firm uses a calendar-year accounting period, but prepares monthly accounting adjustments. suppliesjan. 31 bal. 1,800 1,800 jan. 31 bal. supplies expensejan. 31 bal. 1,920 1,148 jan. 31 bal. prepaid insurancejan. 31 bal. 1,148 1,148 jan. 31 bal. insurance expensejan. 31 bal. 164 164 jan. 31 bal. wages payablejan. 31 bal. 1,400 1,400 jan. 31 bal. wages expensejan. 31 bal. 6,400 6,400 jan. 31 bal. truckjan. 31 bal. 17,376 17,376 jan. 31 bal. accumulated depreciation -truckjan. 31 bal. 5,068 5,068 jan. 31 bal. a. if the amount in supplies expense represents the january 31 adjustment for the supplies used in january, and $1,240 worth of supplies were purchased during january, what was the january 1 beginning balance of supplies? $answerb. the amount in the insurance expense account represents the adjustment made at january 31 for january insurance expense. if the original insurance premium was for one year, what was the amount of the premium, and on what date did the insurance policy start? amount of the premium $answerthe policy began on answerjune 1july 1august 1september 1october 1november 1 of the previous year. c. if we assume that no beginning balance existed in either in either wage payable or wage expense on january 1, how much cash was paid as wages during january? $answerd. if the truck has a useful life of four years (or 48 months), what is the monthly amount of depreciation expense, and how many months has bloomfield owned the truck? answermonths