This is done by connecting a device called a modem to the digital computer. This process of converting a digital signal to an analog signal is known as modulation. On the receiving end, the incoming analog signal is converted back to digital form in a process known as demodulation.
Answer:
Share capital in the shareholders equity section
Explanation:
The balance sheet is structured according to the accounting formulae
Asset = Liabilities + Owners Equity
When a company raises capita by the issuing of securities or is referred to as share capital.
The securities issued are common stock or preferred stock.
There is a maximum amount that a company can raise from the sale of shares and this is called authorised share capital.
Share capital is a line item that is reported under Owner equity section of the balance sheet.
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Answer and Explanation:
The journal entry are as follows
1. Interest expense $214,650
To Cash $214,650
(Being the first interest payment is recorded)
The computation is shown below
= $4,770,000 × 9% × 6 months ÷ 12 months
= $214,650
For recording this we debited the interest expense as it increased the expenses while on the other hand the cash is paid which reduced the cash balance so it is credited
2. Cash $530,000
To Bond payable $530,000
(Being the cash sale of bond is recorded)
For recording this we debited the cash as cash is received that increased the cash balance and at the same time we credited the bond payable
Answer:
useful
Explanation:
i got it from USA test prep
