What are the three parts of formulating the strategic plan?

Frank Company has the following per unit original costs and replacement costs for its inventory: Part A: 50 units with a cost of $5, and replacement cost of $4.50 Part B: 75 units with a cost of $6, and replacement cost of $7.00 Part C: 160 units with a cost of $3, and replacement cost of $2.00 Using the lower of cost or market method applied to individual items at the end of the year, the company must:

A) Debit Inventory for $75 B) Debit Cost of Goods Sold for $110 C) Credit Inventory for $185 D) Credit Inventory for $110 E) Credit Cost of Goods Sold for $185

On January 1, 2017, Streuly Sales issued $29,000 in bonds for $20,700

These are six-year bonds with a stated rate of 12% and pay semiannual interest. Streuly Sales uses the straight-line method to amortize the Bond Discount. Immediately after the issue of the bonds, the ledger balances appeared as follows: Bonds Payable 29,000 Discount on Bonds Payable 8,300 After the second interest payment on December 31, 2017, what is the balance of Discount on Bonds Payable? A) debit of $7,608 B) debit of $8,992 C) debit of $6,917 D) credit of $8,300