Answer:
B) As a gain on retirement of the bonds
Explanation:
A corporation should record a gain on retirement of bonds when it buys back bonds that it has issued before at a lower price than the recorded liability (par value).
Since the parent company consolidated its financial records with the subsidiary, any bond issued by the subsidiary is considered as being issued by the parent company.
Answer:
“a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.” - Oxford language
Explanation:
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the client in all situations.
No I do not agree with this. Within a minute approximately 9 crimes are committed. Allowing someone who is guilty to go free will only increase that amount; in addition, if they could get away with it once they will likely try to get away with it again. Meaning the more often a guilty suspect is released the more likely they are to commit the crime again. Although sending an innocent man to jail seems rather grim, if the crimes were to continue to happen they could be cleared of suspicions. Therefore, convicting an innocent man/woman would be better than unknowingly releasing a criminal from jail.
Expected sales in units 20,000 18,750 and Expected sales in dollars $80,000 $75,000
second quater of 2020,third quater of 2020
Sales—2019 is 16,000 15,000
Plus projected 25% increase for 2020 4,000 3,750
Estimated sales volume—2020 20,000 18,750
× Estimated unit selling price—2020 $ 4.00 $ 4.00
Estimated sales dollars—2020 $ 80,000 $ 75,000
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