Question: please need help with all four 3 points On Octobor 1, 2025, Entity H borrowed $50,000 on a one-year, 6% note, interest and principal due

please need help with all four  please need help with all four 3 points On Octobor 1,
2025, Entity H borrowed $50,000 on a one-year, 6% note, interest and

3 points On Octobor 1, 2025, Entity H borrowed $50,000 on a one-year, 6% note, interest and principal due at maturity. What is the amount of interest that must be accrued on the note at December 31,2025 ? $250$750$2,250$3,000 3 points Entity H issued 6,000 shares of its $1 par value common stock for $35 per share. Which of the following statements is correct? Hint Make the journe entry first. Common stock should be credited for $6,000. Cash should debited for $210,000. Paid-in-capital-in-excess-of-par-value should be credited for $204,000. All of the choices are correct. 93 points An advantage of issuing bonds payable to finance a plant expansion (rather than common stock) is that: bond interest is tax deductible. earnings per share may be higher. common shareholders retain treir same percentage of ownership without purchasing more stock. all of the choices are correct. 3 points Entitv I had the following accounts: What is Total Stockholders' Equity? $1,812,000.$1,808,000.$210,0001,810,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!