Answer:
Meet colleagues. ...
Tour of workplace. ...
Health and safety. ...
Get all the necessary documents sorted. ...
Get to grips with company policies. ...
Understand their role. ...
Identify any training needed. ...
Organise first appraisal meeting.
<span>When adopting food packaging manufacturers primary concern is the cleanliness or the safety of the material being used. Food packaging should be safe since it touches directly the food product. Also, it should be strong enough to endure any stress that may damage it.</span>
It is termed as Income Summary account.
<h3>Income summary account </h3>
The income summary account is a temporary account into which all income statement revenue and expense accounts are transferred at the end of an accounting period. The net amount transferred into the income summary account equals the net profit or net loss that the business incurred during the period.
The income summary account is recorded by debiting revenue accounts and crediting expense accounts. The balances of the transferred amounts should match with the net income or loss for the year.
Learn more about income summary account here :
brainly.com/question/13537015
#SPJ4
Answer:
1.
1 Jan 2019
Cash 2100000 Dr
Bonds Payable 2100000 Cr
2.
30 June 2019
Interest expense 73500 Dr
Cash 73500 Cr
31 Dec 2019
Interest expense 73500 Dr
Cash 73500 Cr
3.
31 Dec 2022
Bonds Payable 2100000 Dr
Cash 2100000 Cr
Explanation:
1.
The bonds are assumed to be issued at par value as the market interest rate is not given and is assumed to be the same as the interest rate on bonds of 7%. The issuance of bonds on par is recorded as a debit to the cash received against the bonds and a credit to the bonds payable account.
2.
The semi annual interest payment on bond is,
Bond interest-semi annual = 2100000 * 0.07 * 6/12 = 73500
The interest rate given is the annual interest rate of 7%. That is why we multiply it with 6/12 to get the semi annual interest.
3.
The disposal of bonds will be a reversal of the issuance entry. The bonds payable will be debited by the par value amount and the cash will be credited.
Answer:
False
Explanation:
GDP deflator = (nominal GDP/ Real GDP) × 100
$100,000 / $80,000 = 1.25 × 100 = 125
I hope my answer helps you