Answer:
a credit of $242700 to Premium on Bonds Payable
Explanation:
Based on the information given The journal entry to record the issuance of the bonds would include a credit of $242700 to Premium on Bonds Payable which is calculated as:
Premium on Bonds Payable=[($8090000*103%)-$8090000
Premium on Bonds Payable=8,332,700-$8090000
Premium on Bonds Payable=$242700
Therefore The entry to record the issuance of the bonds would include a credit of $242700 to Premium on Bonds Payable
The
answer is recognition.
<span>Recognition
is one of the three processes of memory, the
other two are encoding and storage. Recognition is the process of
retrieving information from the past to use it in an actual
situation.</span>
Answer:
$110,000
Explanation:
Calculation for How much was stockholders' equity at the end of the year
Beginning balance of stockholders' equity $40,000
Add net income $90,000
Less the dividends paid ($20,000)
Ending stockholders' equity $110,000
Therefore How much was stockholders' equity at the end of the year is $110,000
Answer:
a. Book value is greater than cash received.
Explanation:
Book value of an asset is the cost of an asset less accumulated depreciation
Cash received is the price the asset is sold for.
If the asset is sold for less than its book value, it is sold at a loss
If an asset is sold for more than its book value, it is sold at a gain
Answer:
E-commerce facilitates the fundamental movement of goods from suppliers to customers. They offer an ideal commerce development to do digital business and improve the global presence. E-commerce has altered the workflow of the business
