Answer:
B. advertising.
Explanation:
A magazine can be defined as a written document published periodically to provide informations about a particular subject or field. An example is the Marketing News magazine.
Marketing News is a magazine from the American Marketing Association and it covers all aspects of the marketing industry, which is mainly read by academics and people working directly in marketing.
Magazine publishers are mainly dependent on adverts posted on their pages to generate revenues for the smooth running of their business.
Hence, half of the income for magazine publishers comes from advertising.
Basically, organizations and business firms submit their products or services to a magazine company for the purpose of promoting their business through advertising.
Your answer would be they offer Higher interest rates.
The journal entry to record the accrual of interest includes:
- Dr. Interest Expense $5,000
- Cr. Interest Payable $5,000
<h3>What is an
accrual of interest?</h3>
This mean the interest which has been incurred for specific date on a loan but has not yet been paid out.
Here, the Accrued interest expense on 12/31/15 is paid on 1/1/16.
Based on the calculation, the journal entry to record the accrual of interest includes a Debit to Interest Expense for $5,000 and a Credit to Interest Payable for $5,000.
Missing words "On January 1, 2015, Candlestick, Inc. issues $100,000, five-year, 10% bonds at 100 (100% of face value). Assume that interest is payable semiannually on January 1 and July 1."
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