Answer:
Debit Interest Expense $440.64, Debit Premium on Bonds Payable $159.36 and Credit Cash $600
Explanation:
Amount paid in cash = $10,000 * 6% = $600
Interest expense = $11,016 * 4% = $440.64
Amortization of premium on bonds payable = Amount paid in cash - Interest expense
Amortization of premium on bonds payable = $600 - $440.64
Amortization of premium on bonds payable = $159.36.
Debit Interest Expense $440.64
Debit Premium on Bonds Payable $159.36
Credit Cash $600
4. word art, I believe is the correct answer
Answer:
5,500 units
Explanation:
The computation is shown below:
Given that
Need to sell the units in a month = 4,000 units
Beginning inventory = 1,000 units
Desired ending inventory = 2,500 units
So, by considering the above information, the units to be produced is
= Desired ending inventory + need to sell the units in a month - beginning inventory
= 2,500 units + 4,000 units - 1,000 units
= 5,500 units
Answer:
C. The importance of secondary effects
Explanation:
Secondary economic impact is a study of economic activities due to recurring rounds of spending by companies, households, and the government.
Secondary effects are long term and comes after the primary effect (first round of spending).
It is also called induced economic effect.
