Answer:
The journal entry for the issuance of the bond is shown below:
Explanation:
The entry to be posted on Jan 1
Cash A/c..............................................Dr $76,180
Premium on bonds payable A/c........Cr $6,180
Bonds Payable A/c..................................Cr $70,000
As bonds issued, so cash is increasing and any increase in cash is debited. Therefore, the cash account is debited. But the bonds issued at a premium so the premium on the bonds payable will be credited. And bonds payable account is credited.
Management is an important managerial skill, that helps to deal with the complex nature of modern work.
<h3>
What is management?</h3>
Management involves a systematic process of planning, organizing, leading and controlling a set of people and organizations.
It involves,
- learning to deal with the complex nature of modern work and make decisions that are ethical and effective.
- learning public speaking so you will be equipped to manage others.
Therefore, Management is an important managerial skill, that helps to deal with the complex nature of modern work
Learn more on management here
brainly.com/question/1276995
Answer:
The answer is D. $1,830
Explanation:
FIFO means First in First out.
It is one of the inventory methods along with LIFO(Last in First out), average weighted cost and specific identification.
FIFO literally means the inventory bought first will be the first to be sold. Leaving the last inventories bought as the ending inventory.
In this question, Cost of Sales according to FIFO is:
250 units x $6 = $1,500
30 units at $11 = $330
Total =. $1,830
Therefore, the cost of sales under this method is $1,830
Answer:
1. It is recommended that the master administrator of the quick-books company complete the setup.
3. You can connect an existing quick-books payments, Go payment or intuit merchant services account.
Explanation:
Quickbook is an accounting software which help in recording and processing a financial transaction. This software is best suited for small to medium sized organisations. Master administrator has all the access rights of a company administrator. Master administrator is the one who initially creates the quick book company file and he is then assigned as Master administrator.
