If the Bonds Payable account has a balance of $700,000 and the Discount on Bonds Payable account has a balance of$36,000, what is the carrying value of the bonds?

Use the balance sheet for RadioShack in Appendix A. Where would a long-term note payable (like an installment note) be reported on the balance sheet?

The City of Bagranoff holds $90,000 in cash that will be applied to make a bond payment when the debt comes due early next year. The assistant treasurer initially made the decision to set this money aside for this purpose. Just before the end of the current year, the city council formally approved using the money in this way. The city council is the highest level of decision-making authority for this government. What impact does the council’s action have on the reporting of fund financial statements?
a. Fund balance—unassigned goes down and fund balance—restricted goes up.
b. Fund balance—assigned goes down and fund balance—committed goes up.
c. Fund balance—unassigned goes down and fund balance—assigned goes up.
d. Fund balance—assigned goes down and fund balance—restricted goes up.

Justin earned $25.67 one week and$37.85 the next week. He also purchased a DVD for $19.99 and gas for his car for$22.07. He started with a zero balance in his checking account. Justin recorded all of these transactions in his checkbook and ended up with a balance of $ 105.58. Was his balance correct? If it was, write an equation to support the answer. If not, find the correct balance.

As of January 1, Retained Earnings had a credit balance of $314,000. During the year, dividends totaled$10,000, and the business incurred a net loss of $320,000.

b. Assuming that there have been no recording errors, will the balance sheet prepared at December 31 balance? Explain.

Define a target cash balance.

Why is the beginning retained earnings balance for each company entered in the three part consolidation worksheet rather than just the ending balance?

As of January 1, Retained Earnings had a credit balance of $314,000. During the year, dividends totaled$10,000, and the business incurred a net loss of $320,000.

b. Assuming that there have been no recording errors, will the balance sheet prepared at December 31 balance? Explain

As of December 31, 2018, Cady Construction has one construction job for which the construction in progress (CIP) account has a balance of $\$ 20,000$ and the billings on construction contract account has a balance of $\$ 14,000$. Cady has another construction job for which the construction in progress account has a balance of $\$ 3,000$ and the billings on construction contract account has a balance of $\$ 5,000$. Indicate the amount of contract asset and/or contract liability that Cady would show in its December 31, 2018, balance sheet.

Credit Card Debt John has a balance of $3000 on his Discover card that charges 1% interest per month on any unpaid balance. John can afford to pay$100 toward the balance each month. His balance each month after making a $100 payment is given by the recursively defined sequence$B_{0}=$3000 \quad B_{n}=1.01 B_{n-1}-100$ Determine John's balance after making the first payment. That is, determine $B_{1}$.

Ruth Schuler.
Previous balance: $74,561.49.
Interest:$1017.98.
Deposits: $918.37 and$944.56.
Withdrawals: $959.40 and$14,391.47.
What is her new balance?

Alexa had a negative balance in her checking account before depositing a $47.00 check. What is the new balance of Alexa's checking account?

If you had some money to invest, what stock would you choose? Why? Explain how you would make your stock choice(s). In other words, what criteria would you use to evaluate a potential stock purchase?

Specify the resistors in the circuit in Fig. to meet the following design criteria:

$$\begin{aligned} & i_{\mathrm{g}}=1 \mathrm{~mA} ; v_g=1 \mathrm{~V} ; i_1=2 i_2 \\ & i_2=2 i_3 ; \text { and } i_3=2 i_4 \end{aligned}$$