Peters Manufacturing Company has the following data at June 30, 2019: Raw materials inventory, June 1 $13,800 Work in process inventory, June 1 18,100 Finished goods inventory, June 1 43,500 Total manufacturing costs 430,000 Sales 580,000 Work in
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Hoover Corp., a wholesaler of music equipment, issued $20,000,000 of 20-year, 6% callable bonds on March 1, 20Y2, at their face amount, with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year.
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