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3 years ago

A discount on bonds should be reported in the balance sheet:________.

Business

1 answer:

Ann [662]3 years ago

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Answer: As a reduction of the face amount of the bond.

Explanation:

Bond discount is the amount through which the market price of bonds are lower than its principal amount when it is due at maturity.

The primary characteristics of a bond are its face value, coupon rate and market price. When there is a discount on bonds, while reporting it in the balance sheet, it should be as a decrease of the face amount value of the bond.

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Zolezzi Inc. is preparing its cash budget for March. The budgeted beginning cash balance is $26,000. Budgeted cash receipts tota

aliya0001 [1]

Answer:

Calculations below

Explanation:

beginning cash balance $ 26,000

Add; Cash receipts $ 105,000

Total cash available $ 131,000

Less: Cash disbursments $ (94,000)

Excess (Deficieny) of cash available over disbursments $ 37,000

Borrowings ($70,000-$37,000) $ 33,000

Ending cash balance $ 70,000

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3 years ago

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masha68 [24]

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Explanation:

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3 years ago

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belka [17]

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Carrie thought she misplaced her checkbook for a few days. When she found it, she noticed that two checks, her cash and her debi

weqwewe [10]

Answer:

E. All of the steps above are appropriate to take if she suspects identity theft.

Explanation:

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3 years ago

Which information security objective allows trusted entities to endorse information?

Serjik [45]

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3 years ago