Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the given data are as follows:
For Jan.1,2020 value = $626,400
Interest rate = 7%
So, we can calculate the amount of bond interest expense by using following formula:
Interest Expense = Carrying Value × Market Interest Rate
By putting the value of following
Interest expense = $626,400 × 7%
= $626,400 × 0.07
= $43,838
Hence, the amount of bond interest expense to be recognized on December 31, 2020, is $43,838.
Answer:
D) deduction from the balance per bank statement
Explanation:
A bank reconciliation statement is a document that matches the cash balance on a company’s balance sheet to the corresponding amount on its bank statement. Reconciling the two accounts helps determine if accounting changes are needed. Bank reconciliations are completed at regular intervals to ensure that the company’s cash records are correct. They also help detect fraud and any cash manipulations.
The organization's management hierarchy impacts the organization's information system management by reducing the need for information processing and communication.
Management Information System plays a very important role in the organization, as it creates an impact on the organization's performance, functions, and productivity.
The information systems have its impact on organizations structure. Thus, an information systems can reduce the number of levels in an organization by providing managers with information to supervise larger numbers of workers.
The information system performs certain important functions such as- coordination, and control, help employees analyze problems, support decision making etc.
Hence, the information system is important to the organization.
To learn more about information system here:
brainly.com/question/13299592
#SPJ4
Answer:
The company‘s cash flows from financing activities is ($12,600), or cash deficit of $12,600
Explanation:
The cash flow from financing activities = Cash inflows from issuing equity or debt – dividend paid out – repurchasing equity or debt
= Issued common stock for $64,000 cash - Paid cash dividend of $14,600 - Paid $50,000 cash to settle a bond payable - Paid $12,000 cash to acquire its treasury stock
= $64,000 - $14,600 - $50,000 - $12,000 = ($12,600)
I dont know but i think its
B) 1
