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3 years ago

Purchasing a new cd upon maturity of the current cd is commonly referred to as:

1 answer:

7 0

Purchasing a new CD upon maturity of the current CD is commonly referred to as: rolling over. The term rollover in economics describe the reinvesting funds from a mature security into a new issue of the same or a similar security. In this case the money is reinvested in the buying the same product because the old one is mature,

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Paid $7,000 of accrued taxes at the time the plant site was acquired. choose an account title 2. Paid $200 insurance to cover a

xenn [34]

Answer: Please refer to Explanation

Explanation:

Hello. Your question was not complete as it lacked certain options.

I have attached it to this answer.

1.Paid $7,000 of accrued taxes at the time the plant site was acquired. LAND because it was an expense that was needed to acquire the land so it is capitalized

2. Paid $200 insurance to cover a possible accident loss on new factory machinery while the machinery was in transit. EQUIPMENT

3. Paid $850 sales taxes on a new delivery truck. EQUIPMENT.

4. Paid $21,000 for parking lots and driveways on the new plant site. choose an account title. LAND IMPROVEMENTS.

5. Paid $250 to have the company name and slogan painted on the new delivery truck. choose an account title. EQUIPMENT

6. Paid $8,000 for installation of new factory machinery. choose an account title. EQUIPMENT

7. Paid $900 for a 2-year accident insurance policy on the new delivery truck. choose an account title. PREPAID INSURANCE

8. Paid $75 motor vehicle license fee on the new truck. LICENSE EXPENSE.

4 0

3 years ago

On May 1, 2017, Pronghorn Company issued 2,500 $1,000 bonds at 102. Each bond was issued with one detachable stock warrant. Shor

dybincka [34]

Answer:

a. Prepare the entry to record the issuance of the bonds and warrants

May 1, 2017, bonds issuance

Dr Cash 2,550,000

Dr Discount on bonds payable 25,000

Cr Bonds payable 2,500,000

Cr Additional paid in capital - stock warrants 75,000

b. Assume the same facts as part (a), except that the warrants had a fair value of $30. Prepare the entry to record the issuance of the bonds and warrants.

May 1, 2017, bonds issuance

Dr Cash 2,550,000

Cr Bonds payable 2,500,000

Cr Premium on bonds payable 20,000

Cr Additional paid in capital - stock warrants 30,000

Detachable warrants must be recorded separately than the bonds. They must be recorded as APIC stock warrants.

4 0

3 years ago

Which is true about what a customer typically expects from a support technician?

vodomira [7]

A customer expects a support technician to be knowledgeable, patient, and friendly. The support technician must be knowledgeable to the degree that they solve the issue at hand, but can also give basic information to a customer.

3 0

3 years ago

Assume a bond has been owned by four different investors during its 20-year history. Which one of the following is most likely t

finlep [7]

Answer: C hope that helps

6 0

3 years ago

To ensure that decision makers have enough information to make god decisions a. Move information to those making the decisions

castortr0y [4]

Answer:

The correct answer is letter "C": All of the above.

Explanation:

Managers should have relevant information handy so they can make optimal decisions. However, the information does not always is received in the first place by managers but by employees. Thus, organizations must find a way to move that information to the top positions.

That is why relevant information must be moved to high-rank executives otherwise the positions of decision-making must be provided to those with more corporate information available.

4 0

3 years ago