Plz answer all questions asap! The interest paid on the date of maturity...
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The interest paid on the date of maturity of a $20,000, fourmonth (120 day) note at 9% is: $1,800. $20,600. $21,800. $600. Eastern Power Company has a balance in its Estimated Warranty Liability account of $1,300 on January 1 . During the year, East Power made sales of $160,000 and expects product warranties to cost the company 7% of sales. During the year, East Power paid $2,900 on warranty work performed. Wat is the Estimated Warranty Liability account balance on December 31? $4,200. $2,900 $9,600 $11,200 Suffolk Corporation issued $90,000 of 20-year, 6 percent bonds at 98 on January 1. The straight-line method of amortization is to be used. The bonds pay interest annually on December 31. How much interest expense will be recognized on December 31 ? \begin{tabular}{c} $5,400. \\ \hline$2,745 \\ \hline$5,490 \\ \hline$2,700 \\ \hline \end{tabular} A$300,000 bond issue with a carrying value of $310,000 is called at 104 and retired. The entry to record the retirement would include: A gain of $2,000. A loss of $2,000. A loss of $12,000. A gain of $12,000
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