Answer:
a. $155,000.
Explanation:
For recording the land value in the purchaser's books we reported the value of the land at the purchase price i.e $155,000 by following up the historical cost principle that states only purchase price would be reported
The other cost is not considered because it is not relevant for recording in the purchaser books
So, the actual amount in which land is purchased would be reported i.e $155,000
Answer and Explanation:
The journal entries are as follows:
1. Petty cash A/c Dr $150
To Cash A/c $150
(Being the establishment of petty cash is recorded)
2.
Entertainment expenses A/c Dr $70
Postage expense A/c Dr $30
Printing A/c Dr $22
To Petty cash A/c $122
(Being the reimbursement of petty cash fund is recorded)
Answer:
15.45%
Explanation:
Expected return of portfolio = (R1*W1) + (R2*W2 ) + (R3*W3) (Where R means Expected Return of stock and W means Weight of stock)
Expected return of portfolio = (15%*0.25)+(18%*0.45)+(12%*0.30)
Expected return of portfolio = 3.75% + 8.1% + 3.6%
Expected return of portfolio = 15.45%
So, the expected return of the portfolio above is 15.45%
Money transfer application network.it is very useful payment method
Answer:
1. Interest Rate Risk ⇒ <u>Risk associated with price fluctuations caused by interest rate changes. </u>
2. Reinvestment Risk ⇒ <u>This is the risk that a firm's cost of debt will fall and as a result reinvested coupon payments will earn less yield moving forward.</u>
3. Default Risk ⇒<u> Risk that the Borrower will not make payments on time or in full.</u>
4. Floating rate bond ⇒ <u>Coupon Payments typically follow a benchmark market rate.</u>
5. Zero Coupon Bond ⇒ <u>All of the yield is determined by the difference in the price of the bond and the par value. </u>
6. Consol Bond ⇒ <u>Can be assessed using the perpetuity formula.</u>