Answer and Explanation:
The journal entries are shown below:
On Jan 1
Cash $500,000
To Bond Payable $500,000
(Being the issuance of the bond is recorded)
On Dec 31
Bond Payable $500,000
Loss on redemption $15,000 ($500,000 × 3%)
To Cash ($500,000 × 103%) $515,000
(Being the redemption of the bond is recorded and the remaining balance or we can say balancing figure is debited to loss on redemption)
Answer:
When we get too hot, sweat glands in the skin release more sweat. The sweat evaporates, transferring heat energy from the skin to the environment.
Answer:
government's policy.
Explanation:
Govenment policies on tax decide what to tax and where to allocate the resources of the tax.
Answer and Explanation:
an Advocate of EMH believes that investor are kin to analyze and uncover any new information which may generate greater returns on the investment. also for that purpose they are willing to spend time and resourses.
it acts as an incentive for them as they believe efficient pricing of security depends upon requirement of rigorously efficient market information.
