You have new items in your feed. Click to view.
Question and answer
A bond sinking fund investment is started on January 5, 2010, by transferring $10,000 in cash to the fund. This $10,000 is invested and earns $1,100 during 2010. The entry to record the earnings made
on the sinking fund investment includes (Points : 5) a) a debit to Cash for $1,100 and a credit to Income from Sinking Fund Investment for $1,100. b) a debit to Cash for $1,100 and a credit to Bond Sinking Fund Investment for $1,100. c) a debit to Bond Sinking Fund Investment for $1,100 and a credit to Income from Sinking Fund Investment for $1,100. d) a debit to Cash for $1,100 and a credit to Interest Income for $1,100.
The entry to record the earnings made on the sinking fund investment includes a) a debit to Cash for $1,100 and a credit to Income from Sinking Fund Investment for $1,100.
Expert answered|OxTornado007|Points 5428|
Question
Asked 9/17/2012 12:47:53 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Using the Internet, locate a Web site that has an additional example that interests you. Use the search words "rational expressions applications".
Weegy: A website for the search words "rational expressions applications" is (More)
Question
Expert Answered
Asked 9/11/2012 1:48:46 PM
0 Answers/Comments
If a bond is a registered bond, it can NOT be a ___________ bond. (Points : 5) a) discount b)callable c)convertible d) coupon
Weegy: c)convertible (More)
Question
Expert Answered
Asked 9/17/2012 12:15:23 PM
0 Answers/Comments
A corporation paid $104,000 to retire bonds with a face value of $100,000 and an unamortized premium balance of $3,000. The entry to record the early retirement of the bonds will include the recognition of a loss of (Points : 5) $7,000. $4,000. $1,000. $3,000.
Weegy: the answer is $1,000 User: If a bond is a registered bond, it can NOT be a ___________ bond. (Points : 5) discount callable convertible coupon (More)
Question
Expert Answered
Asked 9/17/2012 12:10:16 PM
0 Answers/Comments
If a bond is a registered bond, it can NOT be a ___________ bond. (Points : 5) a) discount b) callable c)convertible d)coupona
Weegy: c)convertible (More)
Question
Expert Answered
Asked 9/17/2012 12:19:47 PM
0 Answers/Comments
3. When bonds mature, a corporation will pay the bondholders (Points : 5) a) the current market value of the bonds. b) the face amount plus the original premium or minus the original discount. c) the face amount plus the interest accrued since the date the bonds were issued. d) the face amount of the bonds.
Weegy: When bonds mature, a corporation will pay the bondholders b) the face amount plus the original premium or minus the original discount. (More)
Question
Expert Answered
Updated 9/17/2012 12:50:57 PM
1 Answer/Comment
When bonds mature, a corporation will pay the bondholders the face amount of the bonds.
Added 9/17/2012 12:51:02 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by andrewpallarca [7/31/2014 12:33:05 PM]
26,825,264 questions answered
Popular Conversations
The Elixir Sulfanilamide tragedy occurred in?
Weegy: The United States Pharmacpeia was eastablished in 1820.
1/23/2017 1:36:11 PM| 5 Answers
 The binomial system of nomenclature for microorganisms utilizes ...
Weegy: The binomial system of nomenclature for microorganisms utilizes the genus and species modifier.
1/23/2017 7:47:53 PM| 3 Answers
The basic unit of all forms of life is a(n) A. organ ...
Weegy: Cell is to tissue as B.tissue is to organ. User: A group of tissues working together to perform a closely ...
1/23/2017 1:45:31 PM| 2 Answers
Opposing pairs of muscles involved in movement are ...
Weegy: Opposing pairs of muscles involved in movement are called flexors and extensors. User: Hair and nails are ...
1/23/2017 3:05:03 PM| 2 Answers
A test has 20 questions. If Peter gets 80 percent correct, how many ...
Weegy: IF Peter is getting 80% then he must be missing 4 question. because only after solving 16 question he can get ...
1/23/2017 3:29:13 PM| 2 Answers
What is tornado?
Weegy: B. Most tornadoes carry wind speeds that range from 105 to 177 km per hour.
1/24/2017 8:23:49 AM| 2 Answers
Weegy Stuff
S
Points 646 [Total 646] Ratings 3 Comments 616 Invitations 0 Offline
S
Points 261 [Total 273] Ratings 0 Comments 261 Invitations 0 Offline
S
P
Points 255 [Total 686] Ratings 4 Comments 215 Invitations 0 Offline
S
P
P
L
Points 191 [Total 1086] Ratings 2 Comments 171 Invitations 0 Offline
S
Points 98 [Total 100] Ratings 6 Comments 38 Invitations 0 Offline
S
L
P
P
P
Points 68 [Total 4027] Ratings 0 Comments 68 Invitations 0 Offline
S
Points 24 [Total 96] Ratings 0 Comments 24 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 0 Comments 11 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.