Swartz Inc. enters into the following transactions during 2016: July 1:          Paid $10,000 to acquire on the open market $10,000 face value of Gallatin bonds. The bonds have a stated annual interest rate of 6% with interest paid semiannually on June    30 and December 31. The bonds mature in 5 ½ years. Oct. 23:        Purchased 600 shares of Eagle Rock common stock at $20 per share. Nov. 21:       Purchased 200 shares of Montana preferred stock at $30 per share. Dec. 10:    Received dividends of $1.50 per share on the Eagle Rock stock and $2.00 per share on   Montana stock.  Dec. 28:        Sold 400 shares of Eagle Rock common stock at $25 per share. Dec. 31:        Received interest from the Gallatin bonds.   Prepare all necessary journal entries on Swartz’s records to account for its investments during 2016.

3 N is Prepare Garzon Company's journal entries to record the following transactions for the current year. January 1 Purchases 8.5% bonds (as a held-to-maturity investment) issued by PBS at a cost of $52,800, which is the par value. June 30 Receives first semiannual payment of interest from PBS bonds. December 31 Receives a check from PBS in payment of principal ($52,800) and the second semiannual payment of interest. View transaction list Journal entry worksheet 1 2 3 Purchases 8.5% bonds (as a held-to-maturity investment) issued by PBS at a cost of $52,800, which is the par value. Date January 01 Note: Enter debits before credits. General Journal *** Debit Credit

The following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year: 20Y1     July 1 Issued $74,000,000 of 20-year, 11% callable bonds dated July 1, 20Y1, at a market (effective) rate of 13%, receiving cash of $63,532,267. Interest is payable semiannually on December 31 and June 30. Dec. 31 Paid the semiannual interest on the bonds. The bond discount amortization of $261,693 is combined with the semiannual interest payment. 20Y2     June 30 Paid the semiannual interest on the bonds. The bond discount amortization of $261,693 is combined with the semiannual interest payment. Dec. 31 Paid the semiannual interest on the bonds. The bond discount amortization of $261,693 is combined with the semiannual interest payment. 20Y3     June 30 Recorded the redemption of the bonds, which were called at 98. The balance in the bond discount account is $9,420,961 after payment of interest and amortization of discount have been recorded. (Record the…

What is the disadvantage of being a consultant? Select one: O a. long & irregular working hour O b. a lot of certifications required O c. stuck at one workplace Od. low salary if a project is not successful