Answer:
The entry will be,
Cash 461461 Dr
Discount on Bonds Payable 18539 Dr
Bonds Payable 480000 Cr
Explanation:
The bonds are being issued at a discount because the rate of interest offered by the bonds is less than that is prevailing in the market. Thus, the bonds will be issued at a discount of,
Discount on Bonds Payable = 480000 - 461461
Discount on Bonds Payable = 18539
The entry will be to record the receipt of cash by debiting the cash account by 461461 and debiting the discount on bonds payable by 18539 and recording a credit against these debits of 480000 as bonds payable
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: Licensing
Explanation:
A licensing is the term which is used to the refers to the official permission that should be taken from the other organization for manufacturing their products and the services.
The main purpose of the licensing is that the organization can easily run their business by accomplish the the licensing practices which include the qualification, training and the professional experience.
According to the given question, the licensing is one of the practices that one company gives permit or rights to the another company for using their technology and the brand name.
Therefore, Licensing is the correct answer.
Answer:
Conservative
Explanation:
Do you have anymore of these on this subject?
Answer:
The answer is: A) the secondary market; prospectus
Explanation:
Secondary market refers to the stock exchange where investors buy and sell securities that they already possess. The secondary market is what most people think about when they refer to a stock market. A primary market only sells stocks that are being issued for the first time, like an IPO.
The prospectus of a company is a legal document provided by public companies or mutual funds that include information about the company's strategies, financial statements and top management's background.
