Answer: Performance Management strategies for Effective Sales Management
Explanation: All the answers given are correct for better performance and Sales management.
Answer:
Date Account Title Debit Credit
XX-XX-XXXX Interest expense $13,800
Discount on bond payable $1,300
Cash $12,500
Working
The bonds were issued at a price of 92 which means they were issued at:
= 500,000 * 96/100
= $460,000
Interest expense
= Issue price * interest rate * 6/12 months
= 460,000 * 6% * 6/12
= $13,800
Cash:
= Bond price * coupon rate * 6/12
= 500,000 * 5% * 6/12
= $12,500
Nasa was paid 13 million to launch west germany's space-01 satellite in 1983
A grant is a sum of money given by the government of a country for a particular purpose and it does not require to be paid back
Answer:
unrealized loss 38,070 debit
account payable 38,070 credit
Explanation:
as the commitment is for 382,800
but the price lower to 345,730
there is a loss for thecompany as will be doing a purchase for a higher price than market: 38,070
But, as the contract has not been completed the loss is unrealized price can change in the future as well therefore it will not be reocgnize right away and no impact in the income statmeent it will be part of other comprehensive income.
