On January 1, 2019, Booth Sales issues $10,000 in bonds for $10,900. These are 5-year bonds with a stated rate of 4%, and pay semiannual interest. Booth Sales uses the straight-line method to amortize bond premium.
Prepare the journal entry for the first interest payment on June 30, 2019. Omit explanation.
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A pension plan that promises employees a fixed annual pension benefit, based on years of service andcompensation, is called a(n)
a. defined contribution plan b. defined benefit plan c. unfunded plan d. compensation plan
Since suppliers are so close to the market, they are valuable sources of information about consumer problems, marketing opportunities, and new product possibilities
Indicate whether the statement is true or false
Reliability, in the context of a service industry, refers to ______.
A. promptness B. price C. packaging D. compliance
In the _____ form of e-commerce, firms want to develop buyer loyalty and repeat business but seldom develop a close working relationship with individual buyers.
A. business-to-government (B2G) B. business-to-consumer (B2C) C. business-to-business (B2B) D. consumer-to-consumer (C2C)