Answer:
Debit Interest Expense, credit Cash and Discount on Bonds Payable.
Explanation:
The journal entry that a company needs to record for payment of interest is: a debit to the interest receivable account and a credit to the interest income account.
The journal entry that a company needs to record for interest expense is: a debit to interest expense and a credit to cash.
The journal entry that a company needs to record for interest expense is: a debit to interest expense and a credit to discount on bonds payable.
Stock Market. It refers to the exchange and collection of equities, bonds, and other securities. This can be made possible through the formal exchange or over the counter markets, it also provides the company an access to its capital in trade for a portion of ownership to the investors.
Answer:c. the productivity of its workers
Explanation: One of the three determinant of economic growth is increases in labor inputs, such as workers or hours worked.
Improved economic growth raises a nation's standard of living.
Answer:
$2,400
Explanation:
We know that
GDP = Consumption + Investment + Government purchase + Net exports
where,
Net exports = Exports - imports
= $1,000 - $1,200
= -$200
Now the investment is
$10,000 =$6,000 + Investment + $1,800 - $200
$10,000 = $7,600 + Investment
So, the investment equal to
= $2,400
Answer:
b. Forged endorsement
Explanation:
Forged endorsement as it write the check with a forge a sign to endorse it on his favor (covert check for her own use) This makes impossible for the firm to pay their account through those checks as Vicky is the person receiving his value.
The company should rotate the check signers or separate the duties of check preparating and check signing.