Answer:
Explanation:
Preparation of all journal entries made in 2017 related to the bond issue.)
Jan.1
Dr Cash $618,000
Cr Bonds Payable $618,000
Cr Premium on Bonds Payable. $8,000D
c.3 Interest Expense $59,100
Dr Premium on Bonds Payable $900
($18,000 *$20)
Cr Interest Payable $60,000
($600,000 × 10% = $60,000)
If she sells 3 she's not getting her money back
3×26=78
But if she sells more than 3 then she's getting her money back and more
Answer:
more frequently.
Explanation:
Both accounting and finance are extremely important for managers to make the best possible business decisions. The difference between accounting and finance is that accounting relies on past events, while finance has to anticipate to future events. One without the other is useless, since only knowing what happened before and not getting anything new out of that information doesn't help, and finance uses the accounting statements as their basic information.
In order for a manager to have the most reliable and current information, the financial statements must be done fairly frequently, every month or every two months at most. Legally the IRS only requires one set of financial statements per year, but that doesn't mean they can't be done more frequently. Before making a decision, you must know where your company is standing and the only way to know that is through financial statements.
Answer:
evaporation
Explanation:
In a climatological sense, dryness is a function of both annual rainfall and evaporation.
Answer:
Accounts Recevable will be reported with same gross value 35000
Explanation:
The accounts receivable keep the same balance, the difference is that you have to add an assets current account named allowance for uncollectible accounts with a credit balance for the amount indicated 6300, and the net value of accounts receivable it's 28700.
