Answer:
The accrued interest payable to be reported on December 31, 2014 will be $240 and option a is the correct answer.
Explanation:
The interest rate given on the notes payable is the annual rate. Following the accrual basis of accounting, the revenues and expenses for a period should be matched and recorded in their respective periods. Thus, the interest relating to the period from October to December will be recorded as an expense on 31 December 2014 and debited to interest expense and credited to interest payable as the interest will be paid at maturity.
The interest expense for the 3 month period from October to December is,
Interest expense = 16000 * 0.06 * 3/12 = $240
The entry will be,
31 Dec 2014 Interest expense $240 Dr
Interest Payable $240 Cr
Depending on the size of the charms you choose, your bracelet length, and how you want your PANDORA bracelet to fit, you can typically fit 17 to 22 charms. This number includes two clips and any spacers you pick.
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Answer:
Packaging.
Explanation:
Packaging can be defined as a the process of adding or enclosing a wrapping material around a finished product in order to uniquely contain, describe, identify, protect, attract and promote the products in the marketplace.
In marketing, packaging plays a very significant role in the determination of the success of a product in the marketplace and as such should be done professionally and properly by including the necessary information and styles to attract potential customers or buyers.
Hence, attracting attention, describing contents, explaining benefits and identifying the uses of a product are all functions of packaging.
We can calculate for the total stockholders’ equity by using
the formula:
Total stockholders’ equity = Number of Shares * Price per
Share – Deficit Balance
Substituting our given values:
Total stockholders’ equity = 19,000 shares * ($12 / share) - $75,000
Total stockholders’ equity = $153,000
Answer:
The correct answer is option E.
Explanation:
The government can intervene in the market when it becomes inefficient. Though generally, markets are efficient, inefficiencies arise because of asymmetric information, moral hazard and, externalities.
The government can intervene in the market in case of positive and negative externalities. In case the consumers do not have perfect information about the qualities of a product, the government can intervene to eradicate inefficiencies.