Amortization is the process of adjusting the Bond Interest Expense account for any bond premium or bond discount
Indicate whether the statement is true or false
true
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Jonas Corporation has excess cash to invest and pays $200,000 to buy 7%, five-year bonds of Ridgeline Corporation, at face value, on June 30, 2018. The bonds pay interest on June 30 and December 31. Jonas intends to hold the bonds to maturity. The bonds are disposed of, at face value, on June 30, 2023.
Prepare the journal entry for December 31, 2018 (omit the explanation).
On January 1, 2020, Mazzeo Company, a calendar-year company, issued $1,600,000 of notes payable, of which $400,000 is due on January 1 for each of the next four years. Ignoring interest, the proper balance sheet presentation on December 31, 2020, is
a. Current Liabilities, $1,600,000. b. Long-term Debt, $1,600,000. c. Current Liabilities, $800,000; Long-term Debt, $800,000. d. Current Liabilities, $400,000; Long-term Debt, $1,200,000.
The concept of investing organizational funds to measure social, environmental, and financial return is called ______ investing.
A. impact B. benchmark C. community D. environmental
If three copiers are needed to produce a final report on time and only two are available, the project is facing a(n) ________ type of resource constraint.
Fill in the blank(s) with the appropriate word(s).