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1 point Mary Co sells its products in reusable containers. The customer is charged a deposit for each container delivered and receives a refund for
1 point Mary Co sells its products in reusable containers. The customer is charged a deposit for each container delivered and receives a refund for each container returned within two years after the year of delivery. Marr accounts for the containers not returned within the time limit as being retired by sale at the deposit amount of a customer does not return the container within the two years, the company should record what journal entry? Pove I point Squiggle Inc. issues $8,000 in principal of 5-year bonds with semi-annual payments. The bond has a stated interest rate of 6% and the discount rate equals 9%. What is the issue price of the bond? Round to the nearest whole dollar Next Previous 9 1 point Two years ago, Stinky Industries commenced its business by issuing 200 shares of $0.05 par value stock for $29 per share. The company incurred issuance costs of $800, which were paid directly from the proceeds of the share sale. By how much is the cash account debited for this issuance? Next Previous
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