<span>I would say A)minimum dollar amount that can be in an account wouldn't want an account with just a dollar in it, it would be a waste of time and space.</span>
Fluctuation in economic activity
Answer:
The answer is true. It is a true statement
Explanation:
When a product reaches its maturity life cicle there is promotion focuses on reminder advertising and keeping customers involved. In addition the emphasis is placed on holding market share through further differentiation and attracting new buyers.
Answer:
December 31
DR Cash $139,875
DR Discount on Bonds Payable $10,125
CR Bonds Payable $ 150,000
Explanation:
Cash
Because Wintergreen is selling at $93.25 when Par Value is usually at $100, they are selling at a discount.
Cash Received = 150,000 * 93.25/100
= $139,875
Discount on Bonds
= 150,000 - 139,875
= $10,125
Answer:
D. Debit to Cash, $600,000.
Explanation:
The journal entry is shown below:
Cash Dr $600,000
To Bond anticipated note payable $600,000
(Being the receipt of the bond is recorded)
For recording this we debited the cash as it increased the asset and credited the bond anticipated note payable as it also increased the liabilities so that the correct posting could be done
