Answer:
B. debit Notes Receivable for the face value of the note.
Explanation:
Whenever a note is receivable, it is an asset as the amount will be collected in the future, that is with exchange of such asset there is a benefit defined in terms of cash to be received by the the company.
Therefore, it will be a debit and not the credit.
Whenever a notes receivables with interest bearing element is received then the asset is carried at face value, that is recorded at face value.
As the interest to be received is part of income and not asset, therefore, notes receivables will be recorded at face value.
The correct option is:
B. debit Notes Receivable for the face value of the note.
Storyboard. This is used as a conceptual touchpoint prior to putting any investment into filming. It ensures the project is tracking favorably to the customer's expectation.
Answer:
When a CBOE call option on IBM is exercised, IBM issues more stock.
Explanation:
Chicago Board Options Exchange (CBOE) is one of the largest exchanges for options. It focuses on index, interest rates and equity. When a call option of IBM is exercised the seller will buy shares and when put option is exercised the seller will sell share to buy to the option buyer. In either cases IBM is not involved and will not issue more stock. The statement which says that when a call option is exercise IBM will issues more stock is not correct.
Answer:
Is this... a ship? BakuDeku?? Why???
Explanation: