Question Completion:
A. More than the effective interest.
B. Less than the effective interest.
C. Equal to the effective interest.
D. More than if the bonds had been sold at a premium
Answer:
When bonds are issued at a discount and the effective interest method is used for amortization, at each subsequent interest payment date, the cash paid is:
B. Less than the effective interest.
Explanation:
This cash payment is the product of the bond's face value multiplied by the coupon rate. The interest expense is increased by the amortized portion of the discount for the particular period. This means that the interest expense will be higher than the cash payment for interest because of the discount granted at issuance. And the interest expense is the product of the outstanding debt multiplied by the effective interest rate.
Answer:
$20 will be recorded as the 2018 expenditure.
Explanation:
In this case, $500 is the remaining in the General Fund for 2017 fiscal year in encumbrances that remained opened into fiscal year 2018.
In 2018, since encumbered goods were received at an invoiced cost of $520, $20 will be recorded as the 2018 expenditure after deducting the carry-forward of 2017 encumbered fund balances of 2017.
First balances carry-forwarded are utilized and then the funds allocated to the General fund for the current fiscal i.e 2018 is utilized. Hence the actual amount that would be recorded as the 2018 expenditure will be $520 - $500 carry forward from 2017 = $20.
One-way Mexican officials tried to maintain Mexican culture when issuing land grants to Anglo empresarios was by Requiring settlers to practice the Catholic religion.
After Mexican independence in 1821, the Mexican authorities contracted "empresarios" or land marketers to useful resource the agreement of Texas. Each empresario agreed to settle a selected range of Catholic households on a described land provide inside six years.
Empresarios have been contractors empowered with the aid of using the authorities of Coahuila y Texas to recruit particular numbers of households to the territory. Mexican residents have been favored as empresarios and as colonists, however the majority of the empresarios have been from the United States.
Learn more about land marketers here:
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Answer:
A. Location extensions appear when someone who’s physically near the business searches on relevant terms
Explanation:
According to my research on the answers provided, I can say that based on the information provided within the question the correct statement is "Location extensions appear when someone who's physically near the business searches on relevant terms". The rest of the statements are either completely incorrect or are missing certain key words in order to make them correct
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Explanation:
In the income statement, the total revenues and the total expenses are recorded.
If the total revenues are more than the total expenditure then the company earns net income
And, If the total revenues are less than the total expenditure then the company have a net loss
This net income or net loss would reflect in the statement of the retained earning account.
The net sales would be = Sales revenue - sales discount - sales return and allowances
= $39,000 - $1,950 - $1,755
= $35,295
The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:
