Answer:
Dr Bonds payable 1,600,000
Dr Loss on redemption of bonds 36,800
Cr Cash 1,632,000
Cr Discount on bonds payable 4,800
Explanation:
Loss/gain on redemption of bonds = carrying value - cash paid = ($1,600,000 - $4,800) - $1,632,000 = $1,595,200 - $1,632,000 = -$36,800 loss
Answer:
The answer is B In horizontal percentage analysis, a financial statement line item is expressed as a percentage of the previous balance of the same item.
Explanation:
Horizontal analysis of a balance sheet shows changes in individual assets, liability, and equity items over time.
Horizontal analysis of an income statement compares the amount of each item on a current income statement with the same item on an earlier income statement.
Horizontal analysis is used in financial statement analysis to compare historical data, such as ratios, or line items, over a number of accounting periods. Horizontal analysis can either use absolute comparisons or percentage comparisons, where the numbers in each succeeding period are expressed as a percentage of the amount in the baseline year, within the baseline amount being listed as 100%.
In the ethical decision making process, moral imagination is used by decision makers while they consider available alternatives to make an effective decision.
<h3>Ethical decision-making process</h3>
It is essential that this process is guided by the company's set of policies and requirements, which are in compliance with legal norms and promote the development of organizational systems.
Therefore, decision makers need to identify the nature of the decision and the necessary information that will help to consider the available alternatives for the decision to develop possible resolutions and the assessment of the impact of their decision.
The choice of ethical decision must always be prioritized in favor of maintaining organizational transparency that generates greater reliability and positioning in the market.
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Communication process model is the communication model made up of seven parts:
the communication source
encoding
the message
the channel
decoding
the receiver and
feedback.
Social media has forced different past favorites to recreate themselves into new formats while new social media companies have penetrated existing markets and businesses.
Social media has transformed internal as well as external business communication, so that it is now becoming more democratic, more open, and more participatory than ever before.
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Answer:
numerous cost pools and numerous cost drivers
Explanation:
Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
In Financial accounting, one of the most widely used activity-based costing technique is the time-driven activity-based costing.
Time-driven activity-based costing (TDABC) avails business owners the opportunity of reporting their costs on an ongoing basis (real time) which give details about the various cost of doing business, as well as the time spent on them respectively.
Cost pool is simply the amount of money spent by a firm on a particular activity.
Generally, an activity-based costing uses numerous cost pools such as manufacturing cost or customer services and numerous cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.
