Answer:
cash 96,535 debit
discount on BP 3,465 debit
Bonds Payable 100,000 credit
Explanation:
We need to determinate the price at which the bonds were issued:
Which is the present value of the coupon payment and maturity
Coupon payment: 100,000 x 10% / 2 = 5,000
time 4 (2 years x 2 payment per year)
rate 0.06 (12% annual / 2 = 6% semiannual)
PV $17,325.5281
Maturity (face value) $100,000.00
time 4.00
rate 0.06
PV 79,209.37
PV c $17,325.5281
PV m $79,209.3663
Total $96,534.8944
As the bonds are issued below face value there is a discount:
100,000 - 96,535 = 3,465
the entry will recognize the cash procceds and the creation of a liaiblity
we will also use an auxiliar account for the discount on the bonds
B) Added value
Explanation:
Added value - It is an improvement to the product or service making it more worthwhile.
Competitive advantage makes the product or service more desirable than other competitors.
In this scenario, there is no competition of the services as yet, but definitely has an added value by improving the services.
To be excluded from the client's total gifts in the year made are
- Paid a hospital $11,000 for medical services rendered to a friend
- Made a donation to the democratic party. Option D I and III
This is further explained below.
<h3>Which of these transfers will be excluded from the client's total gifts in the year made?</h3>
Generally, If anything is referred to as "the client's," it means that it belongs to a single person, such as a client's file. The use of the clients' plural possessive demonstrates that we may attribute things to more than one client.
In conclusion, To be excluded from the client's total gifts in the year made are
- Paid a hospital $11,000 for medical services rendered to a friend
- Made a donation to the democratic party. Option D I and III
Read more about client's
brainly.com/question/28162297
#SPJ1
CQ
Your client has made all of the following transfers. Which of these transfers will be excluded from the client's total gifts in the year made?
Paid a hospital $11,000 for medical services rendered to a friend
Paid a family member $15,000 so she could go to school
Made a donation to the democratic party
Made a contribution to the shriner's hospital, which provides free medical care to children
A)
II and IV
B)
I and II
C)
III and IV
D)
I and III
Answer:
Correct answer is (c). bring civil suits under the Alien Tort Claims Act
Explanation:
Alien mean foreign national.
Alien Tort Claims Act (ATCA), also known as Alien Tort Statute, originated from U.S. under a provision of the Judiciary Act of 1789. The law grant U.S. federal courts original jurisdiction over any civil action brought by an alien for a tort in violation of international law or a U.S. treaty.
Question:
Which of the following management responsibilities is the managerial accountant using in this example?
Answer:
Planning, which includes setting goals and objectives for the organization as well as determining how to accomplish those goals.