Answer:
The amount should be recorded as interest expense in the journal entry made each six months is $6,000
Explanation:
In order to calculate the amount should be recorded as interest expense in the journal entry made each six months, we have to calculate the interest annually with the following formula according to the given data:
interest annually=Issue Price of Bond×rate of interest
=$200,000
×6%
=$12,000
Therefore, the interest semiannually would be calculated as follows:
interest semiannually=$12,000/2=$6,000
The amount should be recorded as interest expense in the journal entry made each six months is $6,000
Answer:
b. Proactive
Explanation:
Proactive response is a corporate response in which the corporate anticipates or identifies the problem and develops ways and methods to reduce the impact or eliminate the problem.
Here in the question development of recyclable aluminium car bodies will actively help in reducing the demand of the fresh aluminium.
Also,
the reduction or the conserving of fuel will help reducing the fuel demands which is among the major source of CO₂
Detailed information about the financial statement elements is maintained in records commonly called "Accounts'
An account in accounting is a general ledger entry that is used to categorize and record transactions. For example, businesses will have a Cash account where they may record each transaction that raises or reduces the amount of cash they have on hand.
Three different accounts exist.
- Real account: It links assets and obligations; it excludes accounts for specific individuals. They continue every year.
- Personal accounts link the accounts of people,
- Businesses, and organizations. All accounts for income, spending, losses and profits are related by a nominal account.
To learn more about financial statements
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Answer:
D)
Explanation:
This is the case unless the registered representative contributes capital proportionate to his sharing percentage and receives written approval of the principal. This is because the MSRB clearly prohibits this, but if the registered representative opens a joint account with the customer (granted the customer approves), and shares in both the gains and losses of the account with a proportionate capital contribution, then both are entering into the same risk and are allowed to share in the gains and losses. This is as long as the principal provides written approval.
The answer is B: False The Federal's Reserve goal is t<span>o provide the nation with a safer, more flexible, and more stable monetary and financial </span>system<span>.</span>
