The Viper retires a $49.4 million bond issue when the carrying value of the bonds is $53.1 million, but the market value of the bonds is $46.5 million. The entry to record the retirement will include: Multiple Choice A debit of $6.6 million to a loss account. No gain or loss on retirement. A credit to cash for $53.1 million. A credit of $6.6 million to a gain account.
Answers
Answer:
A debit of $6.6 million to a loss account
Explanation:
The entry to record the retirement Viper retires
Carrying value of the bonds $53.1 million
Less the market value of the bonds is $46.5 million
=$6.6 million loss
The answer is a debit of $6.6 million to a loss account because the carrying value of the bonds was $53.1 million while the market value of the bonds was $46.5 million which means we have to deduct the carrying value from the market value which gave us a loss of $6.6 million .
Related Questions
Use the above Cash account to determine (a) cash flows used by investing activities and (b) cash flows provided by financing activities.
Answers
Add your dividends paid to the repurchase of debt and equity to determine your cash flow from financing activities. Next, deduct the sum from cash inflows from issuing equity or debt to arrive at your cash flow from financing activities. Likewise, a cash flow statement contains these.
How do you calculate cash provided by investing activities?The cash flow statement of a business shows the cash flow from investments. Any inflows or outflows of money from long-term investments made by a company are included in cash flow from investing activities. The amount of cash and cash equivalents entering and leaving a company is shown on the cash flow statement.
A company's cash flow statement includes a section called cash flow from financing activities (CFF), which details the net cash flows used to finance the business. Transactions involving equity, debt, and dividends are all examples of financing activities.
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The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, ($ in thousands): sales revenue, $17,100; cost of goods sold, $7,100; selling expenses, $1,390; general and administrative expenses, $890; interest revenue, $160; interest expense, $210. Income taxes have not yet been recorded. The company’s income tax rate is 25% on all items of income or loss. These revenue and expense items appear in the company’s income statement every year. The company’s controller, however, has asked for your help in determining the appropriate treatment of the following nonrecurring transactions that also occurred during ($ in thousands). All transactions are material in amount.
1. Investments were sold during the year at a loss of $220. Schembri also had unrealized gains of $320 for the year on investments.
2. One of the company’s factories was closed during the year. Restructuring costs incurred were $1,200.
3. During the year, Schembri completed the sale of one of its operating divisions that qualifies as a component of the entity according to GAAP. The division had incurred a loss from operations of $560 in 2016 prior to the sale, and its assets were sold at a gain of $1,400.
4. In 2016, the company’s accountant discovered that depreciation expense in 2015 for the office building was understated by $200.
5. Foreign currency translation losses for the year totaled $240.
Required:
a. Prepare Schembri’s single, continuous multiple-step statement of comprehensive income for 2016, including basic earnings per share disclosures. One million shares of common stock were outstanding at the beginning of the year and an additional 400,000 shares were issued on July 1, 2016.
b. Prepare a separate statement of comprehensive income for 2016.
Answers
Answer:
82
Explanation:
it's right lol...
i did the work
Question 1 Effects of transactions on the accounting equation DigiCom repairs laptops. Using the format provided below, show the effects of the activities listed in (a) through (i). (Enter all amounts as positive values.) a. Stacey Comeau, owner of DigiCom, invested cash of $44,000 into her business. b. DigiCom paid $5,500 to cover rent for the current month. c. DigiCom purchased supplies on credit; $2,300. d. DigiCom completed work for a client on credit; $6,400. e. DigiCom purchased a new piece of equipment by paying cash of $3,450. f. DigiCom hired a technician, to start next month, who will get paid $8,000 per month. g. DigiCom paid for the supplies purchased in (c). h. DigiCom performed work for a client and received cash of $6,400. i. DigiCom paid the administrative assistant's salary of $5,700.
Answers
The effects of the following activities on the accounting equation Assets = Liabilities + Owner's Equity
a.Stacey Comeau, the owner of DigiCom, invested cash of $44,000 into her business which increase assets (cash) and owner equity.
b. DigiCom paid $5,500 to cover rent for the current month which decreased assets.
c.DigiCom purchased supplies on credit; $2,300 which increase assets and liability as well.
d.DigiCom completed work for a client on credit; $6,400 which increase assets (accounts receivable)
e.DigiCom purchased a new piece of equipment by paying cash of $3,450 which increase assets (equipment) and decrease assets (cash)
f.DigiCom hired a technician, to start next month, who will get paid $8,000 per month - No effect on the accounting equation.
g.DigiCom paid for the supplies purchased in (c) which decrease assets and liability also.
h. DigiCom performed work for a client and received cash of $6,400 which increase assets (cash).
i. DigiCom paid the administrative assistant's salary of $5,700 which decrease assets (cash).
The overall effect on Assets:
Cash: $44,000 - $5,500 - $3,450 + $6,400 - $2,300 + $6,400 - $5,700 = $40,850
Supplies: $2,300
Equipment: $3,450
Accounts Receivable: $6,400
Liabilities:
Accounts Payable: $2,300 - $2,300 = $0
Owner's Equity:
Stacey Comeau's Capital: $44,000
The accounting equation, commonly referred to as the fundamental accounting equation or balance sheet equation, states that the total asset of a corporation equals the sum of its liabilities and shareholders' equity.
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what principles of management are about.
Answers
The Principles of Management act as a road map for managerial decisions and activities. After years of research, Henri Fayol was able to compile a list of 14 management principles.
The 14 Principles of Management of Henri Fayol are Division of Work, Unity of Command, Unity of Direction, Discipline, Subordination of Individual Interest, Remuneration, Order, Authority and Responsibility, The Degree of Centralization, Scalar Chain, Initiative, Equity, Stability of Tenure of Personnel, Esprit de Corps.
Forecasting, planning, process management, organization management, numerous project management methodologies, decision-making, coordination, and control are all tasks that can be accomplished using the 14 management concepts.
Many of these issues, despite being evident, are nevertheless employed in common sense-based management techniques in firms today. It is still a useful list of areas of emphasis based on Henri Fayol's study, which is still relevant today because of a few logical precepts.
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Brainstorm the ways in which GARP can impact on the management and success of a sports organisation by explaining it first and then identifying the roles and functions which it should play within the sports organisation
Answers
Answer:
GARP, which stands for Governance, Accountability, Risk Management, and Performance, encompasses key principles and practices that can greatly impact the management and success of a sports organization. Here are the ways in which GARP can influence and the roles and functions it should play within a sports organization:
1. Governance:
- GARP emphasizes the importance of having effective governance structures and processes in place within the sports organization.
- It involves establishing clear lines of authority, decision-making frameworks, and transparent communication channels.
- GARP ensures that the organization has a well-defined governance structure, including a board of directors or management committee responsible for setting strategic direction, overseeing operations, and ensuring compliance with regulations.
- The role of GARP in governance is to provide guidance on ethical conduct, promote transparency, and ensure accountability at all levels of the organization.
2. Accountability:
- GARP emphasizes the need for accountability within a sports organization, holding individuals and teams responsible for their actions and decisions.
- It involves implementing systems and processes to track performance, measure results, and report on progress.
- GARP ensures that the organization sets clear goals and objectives, establishes key performance indicators (KPIs), and holds individuals accountable for achieving them.
- The role of GARP in accountability is to provide frameworks for performance measurement, establish reporting mechanisms, and foster a culture of responsibility and ownership within the organization.
3. Risk Management:
- GARP highlights the importance of identifying and managing risks that can impact the sports organization's operations, reputation, and financial stability.
- It involves assessing potential risks, developing mitigation strategies, and implementing controls to minimize the likelihood and impact of adverse events.
- GARP ensures that the organization has a robust risk management framework in place, including policies, procedures, and monitoring mechanisms.
- The role of GARP in risk management is to provide guidance on risk identification, analysis, and mitigation, as well as ensuring compliance with legal and regulatory requirements.
4. Performance:
- GARP emphasizes the need for measuring and improving performance within a sports organization to achieve strategic objectives.
- It involves setting performance targets, regularly evaluating progress, and implementing strategies to enhance performance.
- GARP ensures that the organization establishes performance metrics aligned with its mission and strategic goals.
- The role of GARP in performance management is to provide frameworks for performance evaluation, facilitate continuous improvement, and align individual and team efforts with organizational objectives.
Overall, GARP plays a crucial role in shaping the management and success of a sports organization by establishing effective governance structures, promoting accountability, managing risks, and driving performance. It provides guidance and frameworks to ensure that the organization operates ethically, transparently, and efficiently, ultimately contributing to its long-term sustainability and achievements.
The study of economics is nothing but the study of a tree and a forest. Discourse with respect to branches of economics
Answers
The study of economics involves the examination of individual components represented by branches and the analysis of the broader system represented by the forest.
How does the study of economics relate to a tree and a forest?Just as a tree consists of various branches that connect and support each other, the study of economics comprises different branches that explore specific aspects of the economy. These branches including microeconomics, macroeconomics and international economics focus on understanding and analyzing elements of economic behavior and systems.
The interplay between the various branches of economics contributes to comprehensive understanding of how individual economic decisions and activities collectively shape the broader economic system. By studying both the branches and the forest, economists can gain insights into the intricate relationships.
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how to solve the time value of money problems
Answers
Answer:
The Time Value of Money formula is FV = PV x [ 1 + (i / n) ] (n x t)] where V is the Future value of money, PV is the Present value of money, i is the interest rate, n is the number of impounding periods per year, and t is the number of years.
The process mapping is a
____ diagram.
Answers
Answer:
I hope u understand and thank you for your questions
The place where buyers and sellers interact is called a _____.
A. market segmentation
B. market share
C. market
D. target market
Answers
Answer:
Market
Explanation:
I had this question so I know hope this helps!
Answer: The other person was correct give them brainiest.
Explanation:
Creating a Multimedia Presentation
to Demonstrate Knowledge of
Architecture and Construction
Careers
Assignment Summary
For this assignment, you will create a multimedia presentation describing tasks and
work environments for specific Architecture and Construction careers.
Useful references for gathering this information are listed at the end of this
document. Your presentation should include a title slide, thirteen slides representing
tasks and work environments for specific Architecture and Construction careers, and
a works-cited slide.
Assignment Instructions
- Provide information for Construction Carpenters.
a) Create a slide titled Common Tasks for Construction Carpenters.
b) Create a bulleted list describing four tasks for Construction Carpenters that are
listed as common tasks on the O*NET website.
c) Create a slide titled Common Work Activities for Construction Carpenters.
d) Create a bulleted list describing four work activities for Construction Carpenters
that are listed as common work activities on the O*NET website.
e) Create a slide titled Common Work Contexts for Construction Carpenters.
f) Create a bulleted list describing work contexts for Construction Carpenters that
are listed as common work contexts on the O*NET website.
- Provide information for Architects.
a) Create a slide titled Common Tasks for Architects.
b) Create a bulleted list describing four tasks for Architects that are listed as common
tasks on the O*NET website.
c) Create a slide titled Common Work Activities for Architects.
d) Create a bulleted list describing four work activities for Architects that are listed as
common work activities on the O*NET website.
e) Create a slide titled Common Work Contexts for Architects.
f) Create a bulleted list describing work contexts for Architects that are listed as
common work contexts on the O*NET website.
-Provide information for Construction Managers.
a) Create a slide titled Common Tasks for Construction Managers.
b) Create a bulleted list describing four tasks for Construction Managers that are
listed as common tasks on the O*NET website.
c) Create a slide titled Common Work Activities for Construction Managers.
d) Create a bulleted list describing four work activities for Construction Managers that
are listed as common work activities on the O*NET website.
e) Create a slide titled Common Work Contexts for Construction Managers.
f) Create a bulleted list describing work contexts for Construction Managers that are
listed as common work contexts on the O*NET website.
- Provide information for Stationary Engineers and Boiler Operators.
a) Create a slide titled Common Tasks for Stationary Engineers and Boiler
Operators.
b) Create a bulleted list describing four tasks for Stationary Engineers and Boiler
Operators that are listed as common tasks on the O*NET website.
c) Create a slide titled Common Work Activities for Stationary Engineers and
Boiler Operators.
d) Create a bulleted list describing four work activities for Stationary Engineers and
Boiler Operators that are listed as common work activities on the O*NET website.
e) Create a slide titled Common Work Contexts for Stationary Engineers and
Boiler Operators.
f) Create a bulleted list describing work contexts for Stationary Engineers and Boiler
Operators that are listed as common work contexts on the O*NET website.
- Provide information comparing Architecture and Construction careers.
a) Create a slide titled Career Comparison.
b) Create and insert a table in the left column that lists, from highest to lowest,
the median income for each career you have researched in this assignment.
c) Create and insert a table in the right column that lists, from best to worst, the
projected job growth for each career you have researched in this assignment.
Resources
Click this link to view O*NET’s Tasks section for Construction Carpenters.
Click this link to view O*NET’s Work Activities section for Construction Carpenters.
Click this link to view O*NET’s Work Context section for Construction Carpenters.
Click this link to view O*NET’s Tasks section for Architects.
Click this link to view O*NET’s Work Activities section for Architects.
Click this link to view O*NET’s Work Context section for Architects.
Click this link to view O*NET’s Tasks section for Construction Managers.
Click this link to view O*NET’s Work Activities section for Construction Managers.
Click this link to view O*NET’s Work Context section for Construction Managers.
Click this link to view O*NET’s Tasks section for Stationary Engineers and Boiler
Operators.
Click this link to view O*NET’s Work Activities section for Stationary Engineers and
Boiler Operators.
Click this link to view O*NET’s Work Context section for Stationary Engineers and
Boiler Operators.
Answers
Answer:
Architects spend much of their time in offices, where they meet with clients, develop reports and drawings, and work with other architects and engineers. They also visit construction sites to ensure that clients’ objectives are met and to review the progress of projects. Some architects work from home offices.
On EDGE
Explanation:
Chapter 25 DIFFERENTIAL ANALYSIS, PRODUCT PRICING,AND ACTIVITY-BASED COSTING
Answers
Chapter 25 of Managerial Accounting is about differential analysis, product pricing, and activity-based costing. Differential analysis is the study of costs and revenues of different alternatives to help make decisions.
Managers use differential analysis to decide whether or not they should accept a special order, make or buy, sell or process further, or repair or replace equipment. In differential analysis, managers calculate the incremental revenue and incremental cost of each alternative.
If incremental revenue is greater than incremental cost, managers will choose the alternative with the higher profit. On the other hand, if incremental cost is greater than incremental revenue, managers will reject the alternative.
Product pricing is a critical issue for any business. Managers must determine the price that will make a profit while being competitive with other companies. In setting product prices, managers need to consider the cost structure of the product, competitors' prices, and customer demand.
Activity-based costing (ABC) is a costing method that allocates costs based on the activities involved in making a product or delivering a service. ABC helps managers to identify the true cost of products and services.
Managers can use ABC to make better decisions about pricing, product mix, and cost control. ABC provides a more accurate picture of the cost of each product than traditional costing methods.
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Macroeconomics is best defined as the study of
how people make decisions about operating businesses.
the overall operation of the national and global economy.
how the government makes decisions about regulating businesses.
how scarce resources are used by households and businesses.
the study of the interaction of supply and demand.
2.
Mike asked Rachael to go to the beach with him. Rachael knew she should stay home and study for her Macroeconomics exam but felt she could spend some time doing both. In the past, she had always studied about five hours for her exams but today she studied for only two hours. Her normal grade of an A fell to a B. What was the opportunity cost of going to the beach?
The B she received on the exam.
The 2 hours she studied.
The 3 hours she spent at the beach.
The 3 hours she could have spent studying.
The 5 hours she spent at the beach.
3.
When two variables have an inverse relationship, then
if A increases, B increases.
if B increases, A is unchanged.
if A increases, B is unchanged.
the slope of the graph is positive.
the slope of the graph is negative.
4.
When two variables have a direct relationship, then
if A decreases, B increases.
if B decreases, A is unchanged.
if A increases, B is decreases.
the slope of the graph is positive.
the slope of the graph is negative.
5.
The production possibilities curve
graphically illustrates the concept of absolute advantage.
graphically illustrates the concept of scarcity.
allows us to see the concept of absolute advantage.
shows the opportunity cost between all goods and services in an economy.
shows the relationship between absolute and comparative advantage.
6.
A production possibilities curve that is concave or bowed out from the origin represents
increasing opportunity cost.
decreasing opportunity cost.
constant opportunity cost.
zero opportunity cost.
static opportunity cost.
Answers
Answer:
1. the overall operation of the national and global economy.
2. The B she received on the exam.
3. the slope of the graph is negative.
4. the slope of the graph is positive.
5. graphically illustrates the concept of scarcity.
6. increasing opportunity cost.
Explanation:
1. Macroeconomics is best defined as the study of the overall operation of the national and global economy.
Macroeconomics can be defined as the study of behaviors, performance and factors that affect the entire economy. Hence, it focuses on aggregate phenomena such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.
2. The opportunity cost of going to the beach is the "B" grade she received on the exam.
In Economics, opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Thus, the value of the opportunities lost (scoring an "A" grade) by going to the beach is the opportunity cost of her choice.
3. When two variables have an inverse relationship, then the slope of the graph is negative.
An inverse relationship can be defined as a relationship between two variables, in which an increase in the value of one variable leads to a decrease in the value of the other variable i.e as the value of one variable becomes large, the value of the other variable becomes small.
4. When two variables have a direct relationship, then the slope of the graph is positive.
A positive relationship or correlation can be defined as the relationship between two variables in which there exist a direct relationship between them i.e as one variable increases, the other increases and vice-versa.
5. The production possibilities curve graphically illustrates the concept of scarcity.
The production possibilities curve (PPC) is also known as the production possibilities frontier (PPF) and its a curve which illustrates the maximum (best) combinations of two products that can be produce in an economy if they both depend on these factors;
1. Technology is fixed.
2. Resources are fixed.
6. A production possibilities curve that is concave or bowed out from the origin represents increasing opportunity cost.
The production possibilities curve (PPC) is depicted graphically as an arc, by representing one good on the y-axis and the other on the x-axis.
Salah’s net income for the year ended December 31, Year 2 was $191,000. Information from Salah’s comparative balance sheets is given below. Compute the cash paid for dividends during Year 2. At December 31 Year 2 Year 1 Common Stock, $5 par value $ 506,000 $ 455,400 Paid-in capital in excess of par 954,000 858,400 Retained earnings 694,000 587,400
Answers
Answer:
Cash Dividends - Year 2 = $84400
Explanation:
The net income of the business is usually appropriated or used for two purposes at the end of the year. It is either used to pay dividends or is retained in the business and is added to the retained earnings or both.
Thus, to calculate the dividends paid by the business in a particular year, we can calculate the change in retained earnings and deduct it from the net income.
Change in retained earnings = Ending balance of retained earnings - Beginning balance of retained earnings
Change in retained earnings = 694000 - 587400
Change in retained earnings = $106600
Thus, out of the net income of $191000, $106600 were transferred to retained earnings. So, the amount of dividends paid for the year is,
Cash Dividends - Year 2 = 191000 - 106600 = $84400
What should you click and drag to rotate an image or text box?
O the top right corner of the image or text box
O the clear arrow above the image or text box
the lower left corner of the image or text box
O the red box at the center of the image or text box
Answers
To rotate an image or text box, you should: A. the top right corner of the image or text box.
What should you click and drag to rotate an image or text box?Typically, when you hover your mouse over the corner of the image or text box, the cursor will change to a curved arrow, indicating that you can click and drag to rotate the element.
This allows you to freely adjust the angle of the element to your desired orientation. Some software may have slightly different interfaces, but in general, rotating an image or text box by clicking and dragging the top right corner is a common method across many applications.
Therefore the correct option is A.
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Answer:
B) the clear arrow above the image or text box
Case Study Questions
In your opinion, what role did the Independence Day declaration have on the motivation of the people working at ISRO? Would the prior admission of the ISRO chairman in 2008 of a Mars mission have had any effect?
Evaluate the SMARTness of the objectives for the Mars Orbiter Mission. Analyse the decision taken by the chairman of ISRO to use the PSLV instead of the GSLV, in the context of being attainable vs. being challenging.
Discuss the role of the preparatory studies conducted for the Mars mission. What role did the success of the prior mission Chandrayaan-I have on the execution and planning for this mission?
What peripheral political advantage could India have envisaged for Mangalyaan? Would the mission have been conceived had the prior ISRO chairman been at the helm? Why or why not?
Answers
The Mangalyaan mission was subject to quite a bit of criticism, among them being the previous ISRO chairman, Dr Nair, who was of the opinion that ISRO should have focused on GSLV which would allow India to put up a stronger mission to Mars, due to the higher payload capacity of the GSLV.
Further, this could have augmented future space efforts by India. Near the culmination of the project however, all critics were full of praise for the scientific community of India. E.V. Chitnis, a scientist on the team that launched India's first rocket, asserted that critics had not accounted for the strides made by the country's space program and the ensuing economic benefits by demonstrating interplanetary capability.
ISRO's commercial arm, Antrix, has been putting satellites into orbit profitably, and a demonstration of the capability for interplanetary programs can only augment this.
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3 reason why loading and unloading a school bus is dangerous?
Answers
Different cultures have different ways of greeting each other in the business world.
Is this statement true or false?
A. true
B. false
Answers
Answer:
this statement is true.............
benefits of mobile commerce to society
Answers
The use of m-commerce to conduct sales of goods, provide services, make payments and other financial transactions, the exchange of information etc.
Customers can use mobile applications to quickly access their preferred retail stores, offering one of the fastest shopping experiences to date.
If Long-term debt to total assets ratio = 0.30 and total liability = $45000 and total assets =
$120000. The Long-term debt equal
Answers
Answer:
C
Explanation:
If Long-term debt to total assets ratio = 0.30 and total liability = $45000 and total assets =
$120000. The Long-term debt equalj
Susan Pinsky's checking account had a balance of $137.66. She wrote a check for $23.62 on September 3. On September 7, the bank made an automatic transfer (AT) of $25.41 to pay her phone bill. She made a deposit of $146.24 on September 12. What is the new balance Pinsky's account?
Answers
Answer:
$234.87
Explanation:
Pinky's new balance will be the opening balance plus additional. Deposits minus withdrawals. The new balance will be the starting balance plus cash-in minus the cash-out.
Starting balance =$137.66
Cash-in: $146.24
Cash-out : check $23.62 + (AT) of $25.41 =$49.03
New balance = $137.66 + $146.24 - $49.03
=$283.9- 49.03
=$234.8
• TWO interpersonal skills selected from Addendum A, are listed and linked to examples/evidence from the background information.
Answers
Answer:
Here are some examples of interpersonal skills or social skills:
Active listening.
Being able to understand and empathize with others.
Managing conflict.
Building lasting relationships.
Teamwork.
Motivating others.
Leadership.
Negotiation and persuasion.
Explanation:
What would be the compound interest rate if tom borrowed $6,000 at a 3% interest rate for 2 years?.
Answers
If Tom borrowed $6,000 over two years at a rate of 3%, the compound interest rate would be $365.4.
How Does Compound Interest Work?Compound interest is the rate of interest on savings that is calculated using both the initial principal and the interest that has accumulated over previous periods.
"Interest on Interest," also known as the power of compound interest, is thought to have been invented in Italy in the 17th century. Compared to simple interest, which only takes into account the principal, it will grow a sum more quickly.
Compound interest is the rate at which money grows at a faster rate when there are more periods of compounding.
Sum acquired = $6,000 .
The interest rate is 3%.
Year is the number of years.
A =\(P[1+r]^{n}\) .
After two years, the amount is 6,000 [1 x 3%]² .
The sum after two years is 6,365.4 .
The sum after two years minus the amount borrowed is 6,365.4 .
The sum after 6,000 is $365.4 .
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Coronado Company is authorized to issue 9000 shares of 9%, $100 par value preferred stock and 522000 shares of no-par common stock with a stated value of $1 per share. If Coronado issues 4500 shares of preferred stock for land with an asking price of $571000 and a market value of $547000, which of the following would be the journal entry for Coronado to record?
(a) Land 571000
Preferred Stock 450000
Paid-in Capital in Excess of Par-Preferred 121000
(b) Land 547000
Preferred Stock 450000
Paid-in Capital in Excess of Par-Preferred 97000
(c) Land 450000
Preferred Stock 450000
(d) Land 547000
Preferred Stock 547000
Answers
Answer:
(b) Land 547000
Preferred Stock 450000
Paid-in Capital in Excess of Par-Preferred 97000
Explanation:
The journal entry is shown below;
Land $547,000
To Preferred stock $450,000 (4,500 shares × $100)
To Paid in capital, in excess of par- preferred $97,000
(being the preferred stock is issued in exchange of land)
Here the land is debited as it increased the asset and credited the preferred stock & paid in capital as it increased the equity
Therefore the correct option is b.
Explain why America has a debt problem.
Answers
Answer:
That's because as a country's economy grows, the amount of revenue a government can spend to pay its debts grows as well. In addition, a larger economy generally means the country's capital markets will grow and the government can tap them to issue more debt.
Explanation:
hope it helps
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answers
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Discuss bureaucracy as a reason to public sector failure
Answers
Bureaucracy can be a significant factor in public sector failure. By slowing down decision-making, stifling innovation, wasting resources, and creating a culture of complacency and opacity, bureaucratic structures can impede the effectiveness of government organizations and erode public trust in their ability to deliver essential services.
Presented below are a number of operational guidelines and practices that have developed over time. Select the assumption, principle, or constraint that most appropriately justifies these procedures and practices.
a. Fair value changes are not recognized in the accounting records.
b. Financial information is presented so that investors will not be misled.
c. Intangible assets are amortized over periods benefited.
d. Agricultural companies use fair value for purposes of valuing crops.
e. Each enterprise is kept as a unit distinct from its owner or owners.
f. All significant post-balance-sheet events are disclosed.
g. Revenue is recorded when the product is delivered.
Answers
Answer:
a. Fair value changes are not recognized in the accounting records.
Appropriate Selection: Historical Cost Principle
b. Financial information is presented so that investors will not be misled.
Appropriate Selection: Full Disclosure Principle
c. Intangible assets are amortized over periods benefited.
Appropriate Selection: Expense Recognition Principle
d. Agricultural companies use fair value for purposes of valuing crops.
Appropriate Selection: Measurement Principle
e. Each enterprise is kept as a unit distinct from its owner or owners.
Appropriate Selection: Economic entity assumption
f. All significant post-balance-sheet events are disclosed.
Appropriate Selection: Full Disclosure Principle
g. Revenue is recorded when the product is delivered.
Appropriate Selection: Revenue Recognition Principle
the most common kind of business in the United States is the
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Answer:
quizlet
Explanation:
sorry where are from
How much money can an employer deduct if you accidentally damage or destroy something while working?
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Answer:
The cost of the item that was destroyed.
Every year more and more animals are facing extinction. We must all help to protocol endangered species essay 140 190 words help
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Answer:
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