Recent content by G-man55

it started to lose power slowly at first and then altogether. now it won't move. its a 3010 mule

____1.Which of the following statements is false? a.Money is the only good that can or does serve as a store of value. b.In a barter economy, there is no good that serves as a unit of account. c.There are higher transaction costs of making exchanges in a barter economy than in a money economy...

1. ON the first day of the current fiscal year, $1,000,000 of 10-year, 7% bonds, with interest payable semiannually, were sold for $1,050,000. Present entries to record the following transactions for the current fiscal year: a. Issuance of the bonds b. First semiannual...

ASSUMPTIONS: The company has a good credit rating. The company is a calendar year company. The company issues a zero-coupon bond. The bond’s contract period is four years; it’s issued on January 01 of the current period; market rate of interest is 10% for this company’s credit rating; face...

True Or False 1.When companies sell their receivables to other companies, the transaction is called factoring. 2.Allowance for Doubtful Accounts is a liability account. 3.When an accounts receivable that has been written off is subsequently collected, the account receivable is reinstated...