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Mila [183]
3 years ago
12

Premium on Bonds Payable_________.

Business
1 answer:
Tatiana [17]3 years ago
3 0

Answer:

c. is considered to be a reduction in the cost of borrowing.

Explanation:

The premium on bond payable arise when the bond payable is issued more than the face value. It is a liability account consist of the credit balance that is presented on the liability side of the balance sheet

Moreover, it is deducted in the borrowing cost and amortized as an interest expense to the bonds life. It is added to the bond payable

Hence, the correct answer is c.

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Which rule of evidence would an attorney break if he or she were to ask a witness what rumors were being spread about the defend
IgorLugansk [536]
The r<span>ule of evidence would an attorney break if he or she were to ask a witness what rumors were being spread about the defendant is hearsay. Hearsay is the report from another person's words by the witness, usually disallowed in a court of law. </span>
6 0
3 years ago
When a seller makes a counter-offer what is the essence of such an action?
GrogVix [38]

Answer:

The correct answer is The seller rejects the buyer's offer.

Explanation:

A counter offer more often than not expresses that the seller will acknowledge the buyer's offer. Generally, the seller is dismissing the buyer's unique offer by making a counter offer.

One thought on the issue of offer and acknowledgment is whether the offer or counteroffer was in truth acknowledged before its expiration. A counteroffer is a dismissal and another offer.  

A seller who is in receipt of an offer from a buyer can't at first counteroffer, and if that fails to work, then accept the original offer. This is so in light of the fact that, by law, a counteroffer is a dismissal of the main offer and the creation of another offer. The old offer from the buyer is dismissed and "gone" as of the creation of a counteroffer by the seller.

8 0
4 years ago
When a consumer has evaluated alternatives in the purchase decision process and selected one, he still must determine from whom
hammer [34]

Answer:

The correct answer is when to buy.

Explanation:

When a consumer has checked all the alternatives and has made the purchase decision of what to buy, he still needs to decide from whom to buy and at what time or when to buy. This is because the price of assets or goods keeps changing with the passage of time. The change in price depends on market situations at that time.

There are a number of factors that affect the price level in the market. For instance,

  1. Income level
  2. Business cycle
  3. Interest rates

Changes in these factors cause a change in the price of goods and services and other assets.

3 0
3 years ago
An aging of a company's accounts receivable indicates that the estimate of uncollectible receivables totals $4,705. If Allowance
Vaselesa [24]

Answer:

Debit to bad debt expense for $3,648

Explanation:

This is because the company needs to show the total amount in the Allowance for doubtful accounts as credit balance. It means that if for instance the balance today is $1,057 you'll need a new entry to adjust the balance with the bad debt.

It means that the entry must be a debit in bad debt expense for $3,648 while the corresponding credit goes to allowance for doubtful accounts.

4 0
3 years ago
Question 4 (multiple choice)
Arturiano [62]
I believe the answer is "D."
6 0
3 years ago
Read 2 more answers
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