Answer:
Investment in bonds= 4,300,000
loss on investments (6,100,000-4,300,000= 1,800,000)
The unrealized holding loss ($1,800,000) on transfer to a new category of trading securities is included in income.
Explanation:
how I know is bc I've been playing the moblie game and card game since it became popular also been hearing daily about the moblie game
Answer:
True
Explanation:
One of the biggest reason for poverty is unemployment and this leads to lower purchasing power of the people of Novia. If Novia wants to increase the living standard of people through wealth creation then the country must invest on developing Entrepreneur ecosystem and giving tax incentives so that the international firms would invest in Novia. This would help in jobs creation and the exports of these firm will help in saving costs of borrowing for balance of payments.
Answer:
Yes i would help them... its the better thing to do...
Explanation:
Answer:
The journal entry for the issuance of the preferred stock is shown below:
Explanation:
Cash A/c..................................................Dr $30,000
Preference Stock A/c....................................Cr $10
Paid in Capital in excess of Par A/c...........Cr $29,990
Working Note:
Cash = Shares × Issued price per share
where
Shares are 1,000
Issued Price per share is $30
= 1,000 × $30
= $30,000
Preference Stock = Shares × Par price
= 1,000 × $0.01
=$ 10
Paid in Capital in excess of Par = Cash - Preference stock
= $30,000 - $10
= $29,990