Answer:
Correct option is (a)
Explanation:
Any difference in the amount of par value of bond and the cost at which it was acquired. The organization can either choose to expense the discount or held the same as an asset that is amortized over the years till maturity of bond.
Unamortized discount is the amount that is not yet expensed. The same is reported on the balance sheet as a deduction from face value of bond.
Answer: an online bill payment
Explanation:
I’m doing apex and it shows that the correct answer is an online bill payment
<em>Here's the remaining part of the question</em><em>:</em>
<em>Please analyze and place each item in the appropriate financial statement to which it belongs;</em>
<em> Revenues, Long-term liabilities, Owner's equity, Insurance expense, Land, Patents, Costs of Goods Sold, Income tax, Advertising expense, Insurance expense, Net change in cash, Accounts Receivable</em>
<u>Explanation</u>:
1. Balance Sheet: Note that this financial statement usually shows the asset and liabilities of the firm's account for a particular period of time. These items are found:
- Owner's equity,
- Patents,
- Long-term liabilities
- Accounts Receivable
- Land
2. Income Statement: this financial statement is primarily focused on the revenues and expenses expenses of the firm. Items found includes;
- Revenue,
- Costs of Goods Sold,
- Advertising expense,
- Income tax,
3. Statement of cash flow
Answer:
$61,500
Explanation:
Based on the information given if the company
issues 4,100 shares of common stock for the amount of $131,200 in which the stock has a stated value of $15 per share which means that The journal entry to record the stock issuance would include a credit to Common Stock for $61,500 Calculated as:
Credit to Common Stock=4,100 shares*$15 per share
Credit to Common Stock=$61,500
