1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Amanda [17]
4 years ago
13

When a bond issued at face value is retired what is the journal entry

Business
1 answer:
Vedmedyk [2.9K]4 years ago
8 0
Credit the "bond payable" liability account for the total face value of the bonds and debit cash for the same amount.


You might be interested in
the link between home currency value of a firm's assets and liabilities and exchange rate fluctuations is
faltersainse [42]

Answer:

Asset exposure

Explanation:

Asset exposure shows the difference that lies between the exposed assets and the exposed liabilities. Here the long in currency is when the exposed assets are more than its liabilities and on the other hand the short in currency is when the exposed assets are less than its liabilities

In addition to this, the linking that need to be done between the firm asset and liabilities of home currency and the fluctuation in exchange rate would be also known as asset exposure

7 0
3 years ago
You can offer investment products and services only if you are a registered representative of Northwestern Mutual Investment Ser
ElenaW [278]

Answer:

The correct answer is (A) True.

Explanation:

Northwestern Mutual Investment Services, LLC products and services are only offered and sold by duly certified and designated entities and financial representatives. Financial representatives may not represent all the entities we show or all the services mentioned on this website. Not all products and services are available in all states.

8 0
3 years ago
Consider the information about the economy of Pakistan. Note that the currency of Pakistan is the rupee. The government purchase
wlad13 [49]

Answer:

Explanation:

GDP = C + I + G + NX

Where, C = Consumption, I - Investment, G - Government Purchases, NX - Net Exports

GDP = 11.00 + 1.20 + 3.10 + (1.20 - 2.32)

       = 14.18 trillions of Rupees

6 0
3 years ago
Over a five-year span, the ABC Co. reduced the amount of labor it hired. At the same time, the marginal productivity of labor in
tankabanditka [31]

Answer: D. All of the above

Explanation: The three options listed could explain why the productivity of labor increased with a reduction in the quantity of labor hired. The law of diminishing returns states that as more and more inputs of production are added, a time comes in when additional inputs causes no corresponding increase in productivity. At points like this a reduction in the input added would restore productivity.

Reducing the amount of labor obviously is a labour saving technical change. Changes in organizational innovation can also result in changes in productivity.

5 0
3 years ago
The market capitalization rate for Admiral Motors Company is 8%. Its expected ROE is 10% and its expected EPS is $5. The firm's
pashok25 [27]

Answer:

(A) 6%

(B) 20

Explanation:

The market capitalization rate for Admiral motors is 8%

= 8/100

= 0.08

The expected ROE is 10%

= 10/100

= 0.1

The expected EPS is $5

The Plowback ratio is 60%

= 60/100

= 0.6

(A) The growth rate can be calculated as follows

= Plowback ratio × ROE

= 0.6 × 0.1

= 0.06×100

= 6%

Hence the growth rate is 6%

(B) The P/E ratio can be calculated as follows

= 1-0.6/0.08-0.06

= 0.4/0.02

= 20

Hence the P/E ratio is 20

5 0
3 years ago
Other questions:
  • Wood Chuck Furniture currently manufactures rocking chairs as its main product. Each chair uses one seat cushion and one back cu
    5·1 answer
  • The local government uses property taxes to pay for goods and services in the community.
    10·1 answer
  • Which of the following types of value chain processes directly creates and delivers goods and services to customers?
    14·1 answer
  • Why are capital appreciation bonds (CABs) a controversial way for local governments to finance projects?
    6·1 answer
  • Just before the Persian Gulf War, suppliers of gasoline held back the supply of gasoline they were willing to sell. This action
    10·1 answer
  • ne of the most important components of stock valuation is a firm’s estimated growth rate. Financial statements provide the infor
    13·1 answer
  • All of the following are factors that may complicate capital investment analysis except a.qualitative factors. b.changes in pric
    6·2 answers
  • As a certified public accountant, you have been contacted by Joe Davidson, CEO of Sports Pro Athletics, Inc., a manufacturer of
    6·1 answer
  • Interdepartment Services: Step Method
    9·1 answer
  • Selected current year company information follows: Net income $ 16,753 Net sales 720,855 Total liabilities, beginning-year 91,93
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!