Answer:
The correct answer is measures economic activity and income.
Explanation:
Real GDP is the economic measure to determine the total production of goods and services produced by a country at constant prices. This means that this indicator does not take into account price changes over time (inflation), which differs from nominal GDP, which does consider the value of money in a given period of time.
Answer:
sinking fund provision
Explanation:
Sinking fund provision -
It is the type of fund , where certain amount of money is kept saved which is used to pay for the debt or bond , is referred to as sinking fund provision.
The company issuing the debt is required to pay the debt in the future , where the sinking funds enable to reduce the huge outlay of the revenue.
Hence , from the given scenario of the question, the correct term is sinking fund provision.
Answer:
A
Explanation:
The reason is that it just makes the most sense. Therefor your answer is A) According to the objective theory of contracts, the intent to enter into an express or implied-in-fact contract is judged by the reasonable people standard
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Answer:
Dr Debt Investments 1,164,000
Dr Interest Revenue 27,000
Cr Cash 1,191,000
Explanation:
Preparation of The preferred entry to record the purchase of the bonds
Based on the information given the preferred journal entry to record the purchase of the bonds will be :
Dr Debt Investments 1,164,000
(1,200 × $1,000 × .97)
Dr Interest Revenue 27,000
($1,200,000 × .09 × 3/12)
(04/31 – 08/01)
Cr Cash 1,191,000
($1,164,000 + $27,000)