Answer: Option A
Explanation: A convenience store might be part of a gas / petrol station, allowing consumers to easily buy goods and services when fueling their vehicles. It may be situated along a busy highway, in a metropolitan area, alongside a train or train station, or at another regional hub.
Generally convenience stores charge significantly higher prices than traditional grocery stores or supermarkets, as these wholesalers order limited stock amounts at higher per-unit prices. Convenience stores, however, compensate for this deficit by providing longer open hours, more locations and shorter cashier lines.
Answer:
Bond issue:
Dr cash $63,660
Cr Bonds payable $56,000
Cr Premium on bonds payable $7,660
Interest payment:
Dr Interest expense $1,273.2
Dr Premium on bonds payable $126.8
Cr Cash $1,400
Explanation:
The bond issue brought about cash proceeds of $63,660 which implies that the bonds were issued at a premium of $7660 ($63,660-$56,000) above the par value of $56,000.This means that cash account would be debited with $63,660 while bonds payable and premium on bonds payable would be credited with $56,000 and $7660 respectively.
The interest payment=$56,000*5%*6/12=$1400
interest expense=$63,660*4%*6/12=$1273.2
The premium amortization=interest payment -interest expense
=$1400-$1273.2
=$126.8
Answer:
Debit to sales discounts for $100
Explanation:
Please see journal entry to record the sales below;
a. Dr accounts receivable $5,00
To sales revenue account $5,000
(Being merchandise that is sold on credit basis)
Suppose payment is made within 10 days, the journal entry will be;
Dr Cash account $4,900
Sales discount account $100
(5,000 × 2%)
To accounts receivable $5,000
(Being cash that is received)
Answer:
B) the rules, orders, and decisions of the Consumer Product Safety Commission.
Explanation:
Administrative law refers to the laws that govern and regulate the activities of federal government agencies. Administrative law helps protect citizens rights when they engage in activities with the agencies. It also covers all the regulations, rules and orders that the agencies establish. Administrative law is a part of public law.
Answer:
This is a Unilateral contract
Explanation:
Mary has made a promise to pay the person who performs the act of returning Sparky therefore this is an example of a unilateral contract.
A unilateral contract is a type of contract agreement where an offeror such as Mary makes a promise to pay after the performance of a specified act, which is to return her dog Sparky