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3 years ago

Helpppp ASAPPP

1 answer:

6 0

List three services provided by a travel agent that benefit a business person who travels overseas frequently?
Familiarity with preferences for departure and return, seating is desirable and reliable

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Providing services to a credit customer was recorded with a debit to cash and a credit to retained earnings. This error would ca

balu736 [363]

Since this was added 3 weeks ago. What was the correct answer?

3 0

3 years ago

The following integrated series of questions relates to several sections in the text. Scenario 2: Suppose a stream is discovere

fiasKO [112]

Answer:

E. None of the above

Explanation:

The standard reaction function of firm 2 is given as = a-Cb/2b - 1/2*Qa

P = 30 - (Qa + Qb)

where a = 30 b = 1 and C = 3.

Leader's output = (a + Cb - 2Ca)/2b

Leader's output = (30 + 3 - 3*2)/2

= 13.5 units.

Reaction function of firm B,

Qb = 30 - 3/2

= 13.5 - 1/2*13.5

= 6.75 units.

P = 30 - (13.5 - 6.75)

= $9.75

Therefore, The price of this new drink in the long run if the industry is a Stackelberg duopoly is $9.75

3 0

3 years ago

Holiday Company issued its 9%, 25-year mortgage bonds in the principal amount of $3,000,000 on January 2, 2006, at a discount of

elixir [45]

Answer:

A. December 18, 2020

Dr Cash 4,080,000

Cr 11% Bond payable (Face value) 4,000,000

Cr Premium on issue of Bond payable 80,000

January 2, 2021

Dr 9% Bonds Payable ( Face value) 3,000,000

Dr Loss on redemption of Bond 180,000

Cr Discount on Bond payable 60,000

Cr Cash 3,120,000

B. The LOSS is reported as an ORDINARY INCOME

Explanation:

A. Preparation of Journal entries

December 18, 2020

Dr Cash 4,080,000

($4,000,000/100)*102

Cr 11% Bond payable (Face value) 4,000,000

Cr Premium on issue of Bond payable 80,000

(4,080,000-4,000,000)

January 2, 2021

Dr 9% Bonds Payable ( Face value) 3,000,000

Dr Loss on redemption of Bond 180,000

[3,00,0000-(3,120,000+60,000)]

Cr Discount on Bond payable 60,000

($150,000/25)*10

Cr Cash 3,120,000

(3,000,000*104%)

B. Indication of the income statement treatment of the gain or loss from redemption.

The LOSS is reported as an ORDINARY INCOME

8 0

3 years ago

10 pts and who ever ansers fisrt is brainleist

Nastasia [14]

I think the correct answer would be A.

because when you get any kind of cut the first thing you would want to do is clean it out from any dirt or Bactria.

8 0

3 years ago

Read 2 more answers

Larry owns a successful business called Super Car-Hire. He plans to sell it to Bob. Bob assumes that he can keep up the high rev

Lubov Fominskaja [6]

Answer:

B is the correct option.

Explanation:

This principle follows the assumption that a company will remain in business in the future. It means that the business will not have to halt operations or to liquidate the assets in the future. According to this principle, the accountant postpones the recognition of some expenses till a later period, and in that period the company will be in business will be effectively using the assets. It is a very important concept, without this, the company will not be able to prepay the expenses.

6 0

3 years ago