I think this order is the most appropriate C.) Credit Union, Online Bank, Traditional Bank. I'm pretty sure it's correct.
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The large corporations be more likely to support development of sustaining technology rather than emerging technology is because the <span> technology is already aligned with main revenue streams.
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The answer is C.
I would say bond. Bob would most likely going to buy bonds. Bonds are known to be very safe however it has low return.
Answer:
Lundholm, Inc
Journal Entries
Date Account Titles Debit Credit
May 1, 18 Cash $500,000
Bonds payable $500,000
(To record the bond issuance)
31 Oct, 18 Interest Expenses $22,500
(500000*9%*6/12)
Cash $22,500
(To record payment of the first semiannual period’s interest)
Nov 1, 19 Bonds payable $300,000
Loss on Bonds $3,000
Cash $303,000
(To record retirement the bonds at 101 on November 1, 2019)
