PLEASE ANSWER EACH
2)
PLEASE ANSWER EACH
On 12/31, Retained Earnings has a beginning balance of $10,000 before any closing journal entries have been recorded. A partial listing of account balances for both permanent and temporary accounts before closing journal entries is listed below (as of 12/31). After the closing journal entries are recorded to close out the temporary accounts, what is the new balance in the retained earnings account? Balance $1,000 Account Deferred Revenue Service Revenue Accumulated Depreciation Rent Expense Dividends $5,000 $2,000 $2,000 $1,000 Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 A $2,000,000 bond is issued on January 1, 20xx with a 8% stated interest rated. Interest is paid semiannually on June 30 and December 31st. The bond will mature in 10 years. In order to retire the bond at the end of 10 years, what amount will be debited to the bonds payable account? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 KHS&R Contractors took out an installment loan on 1/1 in the amount of $12,000 for 63 months with an annual interest rate of 6%. On 1/31, when KHS&R makes their first monthly payment (including principal and interest), what amount will be recorded into the interest expense account? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123