Answer:
Dr Potter's 8% Bonds 100000
Cr Cash 100000
Dr Cash 4000
Cr Interest from Bonds 4000
Explanation:
Preparation of the journal entry to Complete the necessary December 31 entry to record
July, 1
Dr Potter's 8% Bonds 100000
Cr Cash 100000
(Being 8% Bonds purchased)
December, 31
Dr Cash 4000
Cr Interest from Bonds 4000
(100,000*8%*1/2)
(Being Interest received on 8% Bonds)
This is an example of <u>"Sales-oriented pricing objective".</u>
Pricing objectives are the objectives that control your business in setting the expense of an item or administration to your current or potential customers.
Sales-oriented pricing objectives try to help volume or market share. A volume increment is estimated against an organization's very own deals crosswise over explicit eras.
An organization's market share estimates its deals against the offers of different organizations in the business. Volume and market share are autonomous of one another, as an adjustment in one doesn't really enact an adjustment in the other.
Answer:
The correct answer is False.
Explanation:
The disadvantages of deflation are basically the reduction of economic activity, the increase in unemployment, the increase in economic uncertainty, the increase in real interest rates due to falling prices, falling demand.
The danger of this situation comes from how difficult it is to get out of it, since a vicious circle is created by which when demand falls, companies are reduced their profits by having to reduce prices to get sales, as a result , they have to reduce costs, which means they have to cut jobs. In turn, if there are people who run out of work, demand will continue to decrease as they will stop buying as well.
Answer:
Seller Janet delivers a disclosure statement to Buyer Amanda. Amanda reads it over and decides everything looks good enough to continue with the purchase. A few weeks later, a major hail storm damages the roof and now it leaks. The original disclosure is no longer accurate and the statement which is false:
- Amanda can require Janet to replace the roof.
Explanation:
- Amanda can not require Janet to replace the roof as it was not mentioned in the disclosure statement. The things she can ask the Janet to do are:
- Janet should amend the disclosure statement and deliver it to Amanda.
- Janet can correct the damage to the roof and tell Amanda nothing.
- Amanda can rescind the purchase agreement within three business days after she receives an amended disclosure.
A flexible spending account allows an employee to set aside a portion of the earnings to pay for qualified expenses.It is either you 'use it or lose it.' if you haven't used the funds by the end of the year your employer can keep it. This is what happened to the $1800 Rebecca hadn't used.
