Answer and Explanation:
The journal entry is shown below:
Interest Expenses $ 40,570
To Discount on bonds payable {($882,000 - $829,100) ÷ 10 years} $5,290
To Cash $35,280
(Being the interest expense is recorded)
For recording this we debited the interest expense as it increased the expenses and credited the discount on note payable and cash as it decreased the assets so cash is credited
Answer:
core competency
Explanation:
A core competency is a concept in management theory introduced by C. K. Prahalad and Gary Hamel. It can be defined as "a harmonized combination of multiple resources and skills that distinguish a firm in the marketplace" and therefore are the foundation of companies' competitiveness.
Answer: A: Information Technology
Explanation: Information technology is the use of computers or other electronic devices to store, retrieve and process electronic data.
Information technology is used to build, modify, upgrade and implement electronic information imputed into an electronic storage which can be retrieved by making use of confidential passwords to access their data with the use of an electronic device like computers, laptops, mobile phones, tablets etc.
Information technology is used by all organisations to make their work process easy. Most Banks also makes use of Information technology to carry out their daily operations.
Information technology also makes use of professionals to carry out the process such as software engineers, software developer, networking specialist, programmer amongst others.