Entries by mary WAMBUGU

Given below are account balances for Charlie Company: Gross sales, $96,000

August 30, 2019 in /by

Given below are account balances for Charlie Company:Gross sales, $96,000 Sales returns and allowances, $8,000 Selling expenses, $12,000 Cost of goods sold, $50,000 Interest expense, $3,000 How much is the gross profit margin? (enter your percentage as a decimal rounded to two decimal places. Example – enter 46% as .46)   Looking for a Similar Assignment? […]

 

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a survey of 521 citizens found 333 of them favor a new bill introduced to the city. We want to find a 95% confidence interval for the true proportion of the population who will favor the bill

August 30, 2019 in /by

a survey of 521 citizens found 333 of them favor a new bill introduced to the city. We want to find a 95% confidence interval for the true proportion of the population who will favor the bill. What is the lower limit of the interval?   Looking for a Similar Assignment? Order now and Get […]

 

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On April 1, 2016, Alpha Company issued $500,000 of 12%, 10-year bonds. The bonds, which were issued at 103, pay interest on October 1 and April 1.

August 30, 2019 in /by

Question1On April 1, 2016, Alpha Company issued $500,000 of 12%, 10-year bonds. The bonds, which were issued at 103, pay interest on October 1 and April 1. Use this information to prepare the General Journal entry (without explanation) to record the April 1, 2016 bond issue. If no entry is required then write “No Entry Required.” […]

 

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On June 30, 2016, Alpha Corporation issued $200,000 of 10% ten-year bonds at 103 on its semiannual interest date.

August 30, 2019 in /by

3.)On June 30, 2016, Alpha Corporation issued $200,000 of 10% ten-year bonds at 103 on its semiannual interest date. Alpha uses the straight-line method for amortization. Use this information to determine the carrying value of this bond issue after adjusting entries have been made on June 30, 2019? Round your answer to the nearest whole […]

 

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