Macro Mobile, Inc. issued $400,000, 7%, 5-year bonds on Janu…

Macro Mobile, Inc. issued $400,000, 7%, 5-year bonds on January 1, 2021, at $384,027.88. Interest is payable annually on January 1. Macro Mobile, Inc. uses the effective-interest method of amortization, has a calendar year end, and the bonds were issued for an effective interest rate of 8%. Record the journal entry on January 1st, 2021 for the issuance of the bonds.    Answer should be expressed as : DR (ACCOUNT NAME)  $X,XXX CR (ACCOUNT NAME)  $X,XXX No dates or explanations are needed.

Classify each function as an operation of the data plane or…

Classify each function as an operation of the data plane or control plane. Forwarding packets at Layer 3: Switching packets at Later 2: Computing an IP header checksum:   Running routing algorithms: Filtering packets through a firewall: Computing routing paths to optimize use of the network:

Matkom Corporation declared a $0.12 per share in dividends o…

Matkom Corporation declared a $0.12 per share in dividends on February 15, 2020 to its common shareholders. Matkom Corporation had 5,000,100 authorized shares, with 2,600,000 issued, and 56,000 shares of treasury stock on February 20, 2020 (the date of record). Due to the entry to record the dividend payment (on February 28th), which of the following statements is true?

Presented below is information from the Balance Sheet for Po…

Presented below is information from the Balance Sheet for Potbelly Corporation as of December 31, 2020.   2020 2019 Change       Cash $ 89,000 $ 55,000 34,000 Accounts Receivable 88,000 68,000 20,000 Inventory 167,000 152,000 15,000 Prepaid Expenses 56,000 31,000 25,000 Land 160,000 140,000 20,000 Equipment 246,000 210,000 36,000 Accumulated Depreciation-equipment (73,000) (50,000) (23,000) Buildings 160,000 160,000 – Accumulated Depreciation- Buildings (80,000) (45,000) (35,000) Accounts Payable 46,000 66,000 (20,000) Bonds Payable 355,000 325,000 30,000 Common stock, $1 par 210,000 180,000 30,000 Retained earnings 202,000 150,000 52,000 Additional information: Operating expenses include depreciation expense of $65,000 Land was sold for cash at cost Cash dividends of $38,000 were paid. Net income for 2020 was $90,000. Equipment was purchased for $53,000 cash. In addition, equipment costing $17,000 with an accumulated depreciation balance of 7,000 was sold for $25,000 cash. 30,000 shares of $1 par value common stock were issued in exchange for land with a fair value of $30,000 Bonds were issued for $30,000 throughout the year Prepare the OPERATING SECTION of the statement of cash flow for the year ended December 31, 2020 using the indirect method.  YOU DO NOT NEED TO PREPARE A FULL STATEMENT OF CASH FLOW- JUST THE OPERATING SECTION!

Irregular preterite forms Select the correct form of the ver…

Irregular preterite forms Select the correct form of the verb to complete the following sentences. ¿A qué hora  Uds.?  Ricardo no  saludar a Pedro y Tomás. Todavía está enojado. ¿Qué  tú?  Los estudiantes no  terminar el examen.  José  todo anoche. Mamá  la comida en el refrigerador. ¿Qué  Uds. a la fiesta? Esa fiesta  muy mal. ¡Qué desastre!  Muchos estudiantes  en bicicleta a clase esta mañana para celebrar Earth Day. 

Sports and fitness ¿Cierto o falso? Hay atletas en el equip…

Sports and fitness ¿Cierto o falso? Hay atletas en el equipo.   El médico recomienda jugar al ajedrez para fortalecer los músculos.   El estadio es un lugar para jugar partidos.   Muchas personas esquían en las montañas en el invierno.   Es popular esquiar en el agua en el invierno.   La rueda de andar es buena para hacer ciclismo estacionario.   Jugamos al vólibol en la cancha del gimnasio.