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tigry1 [53]
3 years ago
13

A company issues bonds with a $100,000 par value, an 8% annual contract rate, semiannual interest payments, and a five year life

. The bonds sold for $107,850. The entry to record the issuance of the bonds will include:
Business
1 answer:
Juli2301 [7.4K]3 years ago
3 0

Answer:

                                          Dr.           Cr.

Cash                            $107,850

Bond Payable                               $100,000

Premium on Bond Payable          $7,850

Explanation:

When the Bond is issued on the price more than its face value, the exptra amount from face value received is called Bond Premium.

Bond Face value = $100,000

Issuance price = $107,850

Premium Paid =$107,850 - $100,000 = $7,850

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Answer: D) A subsidiary is an invisible part of a business combination and should be included in its entirety regardless of the degree of ownership.


What is a basic premise of the acquisition method regarding accounting for a non controlling interest?
A) Consolidated financial statements should not report a non controlling interest balance because these outside owners do not hold stock in the parent company.
B) Consolidated financial statements should be primarily for the benefit of the parent company's stockholders.
C) Consolidated financial statements should be produced only if both the parent and the subsidiary are in the same basic industry.
D) A subsidiary is an invisible part of a business combination and should be included in its entirety regardless of the degree of ownership.


D) A subsidiary is an invisible part of a business combination and should be included in its entirety regardless of the degree of ownership.
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2 years ago
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Aliun [14]

Answer:

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Explanation:

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When the economy is strong, people make more money, and income tax revenue automatically increases.

On the contrary, when the economy is weak, or in recession, people earn less, and more of them are unemployed. Unemployment benefits therefore increase accordingly.

4 0
3 years ago
You are a stringer for your local newspaper, covering local sports events. For a special football spread, you have taken video f
AVprozaik [17]
<h2>DVD or Portable hard disk or Pen drive would be the right choice to share the video files.</h2>

Explanation:

Dear Sir,

I have an eye-catching content for our local news paper. The content is about "Football game event" scheduled today. I have taken photos and videos pertaining to the event and I am sharing it in the form of "hard drive". The best photos and videos which would be apt for the news paper are selected and shared through hard disk. I hope it would be good resource. Kindly accept.

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Evaluating options or pointers:

Photo / video should be neat and not shaky. You can share photos through google drive too if the size is reasonable.

Photos / videos should have been captured in such a way that it attracts readers and project the significant of the event.

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3 years ago
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Alona [7]
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shutvik [7]

Answer:

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shari belongs to monochronic culture because she values time.

Explanation:

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