Therefore, Mars, inc is referred to as a closed corporation
Which means that Mars Candy's stock will not be available for the public to purchase on the stock market
hope this helps
Answer and Explanation:
The journal entries are shown below:
On Jan 1
Cash $400,000
To Bonds payable $400,000
(Being the bond is issued for cash)
For recording this we debited the cash as it increased the assets and at the same time it increased the liabilities so the bond payable is credited
On July 1
Interest expense $14,000
To Cash $14,000
(Being the payment of interest is recorded)
The computation is shown below:
= $400,000 × 7% × 6 months ÷ 12 months
= $14,000
For recording this we debited the expenses as it increased the expenses and at the same time it decreased the assets so the cash is credited
On Dec 31
Interest expense $14,000
To Interest payable $14,000
(Being the accrual of interest is recorded)
For recording this we debited the expenses as it increased the expenses and at the same time it increased the liabilities so the interest payable is credited
Answer:
Product quality guarantee
Explanation:
The aim of total quality management (TQM) is to offer good quality products by reducing or eliminating errors in the products. TQM holds every person involved in the production process accountable for ensuring product quality.
By adopting TQM, e-commerce company will be able to reduce replacement cost as it helps in improving manufacturing processes, thereby improving customer satisfaction.
Fast foods convince stores walmart
Answer:
um e,f,b, thats it i think
Explanation:
