Answer:
Unamortized discount is $43,700
Explanation:
Unamortized bond discount=original bond discount-amortization to date
original bond discount is $46,000
Amortization =interest payable-interest expense
interest payable=$400,000*10%*6/12
=$20,000
Interest expense=$354,000*10%*6/12
=$17,700
amortization of discount=$20,000-$17,700
=$2300
unamorized bond discount=$46000-$2300
=$43,700
The unamorized bond discount at the end of the first six months is $43,700
The answer is C. Inflation
Price indices are a normalized average of price relatives for a given types of products ( either goods or services) in a specific region, during specific interval of time
It's provided a statistic that is designed to compare the prices while separating the inflation as a factor
Please the remaining part of the question below :
1.Amount a business earns after paying all expenses and costs associated with its sales and revenues.
2.An examination of an organization’s accounting system and records that adds credibility to financial statements.
3.Principles that determine whether an action is right or wrong.
4.Accounting professionals who provide services to many clients.
5.An accounting area that includes planning future transactions to minimize taxes paid.
Answer:
1.Amount a business earns after paying all expenses and costs associated with its sales and revenues.
- Net income (G)
2.An examination of an organization’s accounting system and records that adds credibility to financial statements.
- Audit (A)
3.Principles that determine whether an action is right or wrong.
- Ethics (C)
4.Accounting professionals who provide services to many clients.- Public accountants (F)
5.An accounting area that includes planning future transactions to minimize taxes paid- Tax accounting (D)
Explanation:
If wheat farmers know that the demand for wheat is inelastic, and they want to increase their total revenue then they should increase the price of wheat to increase total revenue.
Given that the demand for wheat is inelastic and the farmers want to increase their total revenue.
We are required to find how the farmers increase their total revenue if the demand of wheat is inelastic.
Inelastic demand means that the demand is likely not to be change by a change in the price of commodity.
If the demand is not likely to change by the change in the price then the farmers can increase their total revenue by increasing the price because the total revenue is the product of price and quantity.
Hence if wheat farmers know that the demand for wheat is inelastic, and they want to increase their total revenue then they should increase the price of wheat to increase total revenue.
Learn more about inelasticity at brainly.com/question/26850555
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