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KonstantinChe [14]
3 years ago
9

When entering a transaction into a general journal, the entry would be dated; then the accounts_________ would be listed first;

then the accounts___________ would be listed next; and finally, a(n) would be included to show the details of the transaction.
Business
1 answer:
Diano4ka-milaya [45]3 years ago
7 0

Answer: The accounts DEBITS are listed first then the accounts CREDITS would be listed next.

Explanation: In preparing a journal entry, the journal entry date is first stated. This is followed by all accounts DEBITS and the accounts CREDITS are listed next.

The sum of the debits on the journal entry must equate the total sum of the credits. This will help to balance the trial balance.

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What is it determines a good trade agreement? (Economics)
neonofarm [45]

Answer: For duty-free or zero tariffs on as wide a range of products as possible.

Explanation: The best trade deals aim for duty-free or zero tariffs on as wide a range of products as possible. Better trade deals also include more than just goods. They extend pledges and commitments to include trade in services and investment.

4 0
2 years ago
Pierce Company issued 11% bonds, dated January 1, with a face amount of $800,000 on January 1, 2021. The bonds sold for $739,816
sdas [7]

Answer:

unrealized gain from change in market value = $10,617

Explanation:

Bonds carrying value = $739,816

amortization of bond discount = ($739,816 x 6%) - ($800,000 x 5.5%) = $389

amortization of bond discount = ($740,205 x 6%) - ($800,000 x 5.5%) = $412

bond's carrying value = $740,205 + $412 = $740,617

unrealized gain = carrying value - market value = $740,617 - $730,000 = $10,617

8 0
3 years ago
An investment counselor calls with a hot stock tip. he believes that if the economy remains​ strong, the investment will result
vlabodo [156]

Expected profit is the probability of receiving a profit multiplied by the profit

So

Strong 50,000 * .30 = 15,000

Moderate = 10,000 * .60 = 6,000

Recession = -50,000 * .10= -5,000

Add those up, and you should expect a profit of around 16,000

6 0
4 years ago
Read 2 more answers
(a) how are bonds rated? (b) how are these rating helpful to the investors?​
Jet001 [13]

Answer:

a) Bond rating is done by evaluating and considering all the relevant internal as well as external factors associated with the financial status of a business.

b) Bond rating helps in analysing the risk associated with the bond by analyzing its credit quality and thus helps investors taking decisions related to their investments.

Explanation:

a) Bond-rating is the letter grading system that is used to indicate the quality of the credit-related to the bond of various organizations. Bond-rating is done by evaluating and considering all the relevant internal as well as external factors associated with the financial status of a business. Internal factors may include the financial strength of the organization. External factors may include various networks with interested investors and other government organizations and policies related to the same.

There are three important agencies that analyze the credit quality of a bond. These agencies are Standard & Poor's, Moody's, and Fitch rating Inc.

b) Bond-rating help in analyzing the risk associated with the bond by analyzing its credit quality and thus helps investors taking decisions related to their investments. It helps the investors to study the stability and quality of a bond. Hence, higher-rated bonds are considered to be more stable and appropriate for investment purposes.

7 0
3 years ago
Freddie's Food Service uses QuickBooks Desktop. They do not track or sell inventory. They have regular customers that they want
azamat

Answer:

Customize reports

Review recurring transactions

Set up and implement an online bill pay service

Explanation:

Considering the situation described above, after converting to QuickBooks Online, the 3 setup and customization steps that are appropriate for this client are the following:

1. Customize reports: this includes forms and reports and, if possible to memorize reports.

2. Review recurring transactions: this is to restore desktop QuickBooks memorized transactions.

3. Set up and implement an online bill pay service: this is done either through Intuit Online Payroll or QBOP.

4 0
3 years ago
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