Answer: LOBBYING OR PERSUASION.
Explanation: LOBBYING OR PERSUASION is an act of taking various steps such as advocacy, dialogue,meetings etc in order to gain certain favour from another party or Government. Lobbying can be done either by the persons or Organisations involved or through appointed person,group of persons or Organisations that are experienced in lobbying to influence the choice or activities of Government.
Most interest groups like the labor unions,trade unions etc try to lobby the decisions of Government to their favour.
Answer:
Dr Account Receivable $482
Cr Supplies $482
Dr Supplies $115
Cr Account Receivable $155
Explanation:
Preparation of the journal entries to Record the entry to reverse the error first.
Dr Account Receivable $482
Cr Supplies $482
Dr Supplies $115
Cr Account Receivable $155
(To Record the entry to reverse the error first)
A public corporation may extend itself beyond bonds by selling stocks. T
The journal entry to record the accrual of interest includes:
- Dr. Interest Expense $5,000
- Cr. Interest Payable $5,000
<h3>What is an
accrual of interest?</h3>
This mean the interest which has been incurred for specific date on a loan but has not yet been paid out.
Here, the Accrued interest expense on 12/31/15 is paid on 1/1/16.
Based on the calculation, the journal entry to record the accrual of interest includes a Debit to Interest Expense for $5,000 and a Credit to Interest Payable for $5,000.
Missing words "On January 1, 2015, Candlestick, Inc. issues $100,000, five-year, 10% bonds at 100 (100% of face value). Assume that interest is payable semiannually on January 1 and July 1."
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Answer:
Nominal rate = 5%
Explanation:
Given:
Require rate = 3%
Inflation rate = 2%
Find:
Nominal rate = ?
Computation:
⇒ Nominal rate = Require rate + Inflation rate
⇒ Nominal rate = 3% + 2%
⇒ Nominal rate = 5%
Therefore, The nominal rate she must charge is 5%