Illu.7: Journalise the following transactions at the time of issue.i. Rs.1,00,000 debentures of Rs.100 each issued at par and redeemable at par.ii. Rs.1,00,000 debentures of Rs.100 each issued at Rs.95 and redeemable at ariii. Rs.1,00,000 debentures of Rs.100 each issued at Rs.95 and redeemable at Rs,105each.CS Scanned with CamScanner

Answered: Image /qna-images/answer/89ee2d9e-cc82-4c64-8a44-030f11afdde5.jpg

Answered: llu.7: Journalise the following…

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

See similar textbooks

Similar questions

What is the total effect on the economy of a government tax rebate of $500 to each household in order to stimulate the economy if each household will spend of the rebate in goods and services?
Suppose a company charges a premium of $150 per year for an insurance policy for storm damage to roofs. Actuarial studies show that in case of a storm, the insurance company will pay out an average of $8000 for damage to a composition shingle roof and an average of $12,000 for damage to a shake roof. They also determine that out of every 10,000 policies, there are 7 claims per year made on composition shingle roofs and 11 claims per year made on shake roofs. What is the company’s expected value (i.e., expected profit) per year of a storm insurance policy? What annual profit can the company expect if it issues 1000 such policies? Determine the probability of a composition shingle roof claim out of 10,000 = ______ Determine the probability of a shake roof claim out of 10,000 = ______ How many claims are made out of 10,000? = _______ What is the probability of no claims out of 10,000? = _______ How much does each shingle roof claim cost the company, don’t forget each person pays $150…
A loan of $3325.00 is to be repaid by three equal payments due in 102 days, 157 days and 189 days respectively. Determine the size of the equal payments at 12.15% p.a. with a focal date of today
A new brand of cell phone is for sale in SM Lucena at P 13,499.00 in cash or in instalment terms, P2,500.00 each month for the next 6 months at 9% compounded monthly. 1. If you were the buyer, what do you prefer? C ash or installment? 2. Why did you choose cash? Installment? 3. What is the advantage of choosing c ash basis? 4. What is the advantage of choosing installment basis?
At the Acme Cement Company, employeescontribute to a welfare fund at the rate of 4% ofthe first $1000 earned, 3% of the next $1000,2% of the next $1000, and 1% of any additionalincome. What will Mr. Morris contribute in ayear in which he earns $20,000?

Recommended textbooks for you

Intermediate Algebra

Algebra

ISBN:

9780998625720

Author:

Lynn Marecek

Publisher:

OpenStax College

Algebra & Trigonometry with Analytic Geometry

Algebra

ISBN:

9781133382119

Author:

Swokowski

Publisher:

Cengage

Algebra for College Students

Algebra

ISBN:

9781285195780

Author:

Jerome E. Kaufmann, Karen L. Schwitters

Publisher:

Cengage Learning

Intermediate Algebra

Algebra

ISBN:

9780998625720

Author:

Lynn Marecek

Publisher:

OpenStax College

Algebra & Trigonometry with Analytic Geometry

Algebra

ISBN:

9781133382119

Author:

Swokowski

Publisher:

Cengage

Algebra for College Students

Algebra

ISBN:

9781285195780

Author:

Jerome E. Kaufmann, Karen L. Schwitters

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS