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professor190 [17]
3 years ago
13

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

Business
1 answer:
Ann [662]3 years ago
3 0

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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The Case of the Poorly Written Manual John Howard was shaking his head as he left the meeting with his boss, Joe French. Joe was
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John's assumptions in making this decision are that the three new product engineers are not capable writers and that their writing is terrible. John also believes that the only way the technical manual can be brought up to company standards is by offering a course in technical writing.

This is not an appropriate strategy for resolving the issue, as decisions should never be made based solely on assumptions, such as the fact that the product engineers in question are new hires and therefore unable to write. This is further explained below.

<h3>What is a decision?</h3>

Generally, a decision or conclusion was arrived at after careful deliberation.

In conclusion, When John was making this choice, he made a number of assumptions, one of which was that the three new product engineers are not competent writers and that their writing is horrible. John is also of the opinion that the only way the firm's technical handbook can be brought up to the standards of the corporation is by providing students with the opportunity to take a course in technical writing.

Because choices should never be made entirely based on assumptions, such as the fact that the product engineers in question are new employees and hence unable to write, this is not a suitable technique for fixing the problem. Decisions should never be made solely based on assumptions.

Read more about a decision

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5 0
2 years ago
Suppose that a firm begins to hire workers for a newly completed plant with a fixed amount of machinery. As the firm hires addit
anastassius [24]

Answer: Rise initially, but eventually fall.

Explanation:

The increase in the workers brought would increase the marginal product; there would be increase in production based on the number of persons that were engaged but the marginal cost might eventually fall in the future because of human management and resilience from the workers that were brought

8 0
3 years ago
Why is accounting a service industry?
BabaBlast [244]

Answer:

Because it provides support but no tangible goods. ... Because it provides tangible goods

Explanation:

8 0
3 years ago
Read 2 more answers
The process of earning compound interest allows a depositor or investor to earn interest on any interest earned in prior periods
Setler79 [48]

Answer:

A) true

Explanation:

Compound interest can be regarded as

adding of interest gotten to the principal sum of a deposit or the principal sum of a loan. It's one that is gotten after reinvesting of ones interest instead of paying it out, as a result of this the interest that comes in

next period will be earned on the principal sum along with those interests accumulated before. It should be noted the process of earning compound interest allows a depositor or investor to earn interest on any interest earned in prior periods.

6 0
3 years ago
Nick and Katelyn paid $1,600 and $2,100 in qualifying expenses for their two daughters, Nicole and Naomi, respectively, to atten
Damm [24]

Answer: $0

Explanation:

From the question, we are informed that Nick and Katelyn paid $1,600 and $2,100 in qualifying expenses for their two daughters, Nicole and Naomi, respectively, to attend the University of Nevada and that Nicole is a sophomore and Naomi is a freshman.

We are further told that Nick and Katelyn's AGI is $202,000. Based on the above scenario, their allowable American opportunity tax credit will be $0. This is because when AGI is more than $180,000 for such taxpayers, the credit is being phased out.

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3 years ago
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