Martin Corporation issued $3,000,000 of 8%, 20-year bonds payable at par value on January 1, 2007. Interest is payable each June 30 and December 31. a. Prepare the general journal entry to record the issuance of the bonds on January 1, 2007. b. Prepare the general journal entry to record the...

What type of account are these? Accumulated depreciation Long-term receivables Bond sinking fund Machinery Land Is long-term investments under the investment section on the balance sheet?

Revenue Gains are taxable.What is revenue gains? And can anyone give me two detailed examples.. plizzzzzz

How to do this entry, In the unadjusted trial balance sheet ,Supplies balance is 0. Supplies expense balance is debit 2000. And the company debits supplies expense when supplies are purchased . Supplies on hand at year end cost 500. Dr supplies expense 500 Cr: Supplies 500 Am I...

Bond interest paid is a deductible business expense. Dividends paid to Stockholders are not deductible business expenses. True or False