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Helen [10]
3 years ago
8

The term used for bonds that are unsecured as to principal is :

Business
1 answer:
DanielleElmas [232]3 years ago
7 0

Answer: b. debenture bonds.

Explanation:

A debenture bond is a debt instrument that is unsecured by a collateral or asset. They are issued by companies to raise capital.

A callable bond is a bond that can be redeemed before its maturity date.

A junk bond is a very risky bond with low credit ratings but pay a higher yield when compared to better rated bonds.

Indebenture bond is a legal document that describes the features and terms of a bond.

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Answer:

$15,000,000

Explanation:

The local government comes under the control of state directly. The amount received from local government should be reported in state's investment trust fund.

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3 years ago
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The following amounts represent totals from the first three years of operations. Calculate the balance of Retained Earnings at t
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B) $2,600

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Retained earnings in each is computed as net income minus dividends

In year 2016 retained earnings=$1200-$200=$1000

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2017 retained earnings=$1000-$500+$0=$500

2018 retained earnings=2017 retained earnings+net income-dividends

2018 retained earnings=$500+$2,300-$200

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3 years ago
On March 1, a designer received a check for $7,500 from a customer for services to be provided after the customer chooses a colo
Alenkasestr [34]

Answer:

1.March 1

Dr Cash 7,500

Cr Unearned Revenue 7,500

2.July 31

Dr Unearned Revenue 7,500

C Design Services Revenue 7,500

Explanation:

1.Preparation of journal entry for March 1 journal entry

Based on the information given we were told that the designer receives the amount of $7,500 as a check in advance from a customer which means that the journal entry will be:

Dr Cash 7,500

Cr Unearned Revenue 7,500

2.Preparation of the July 31 journal entry.

Based on the information given we were told that the designer completed the design work for this customer which means that the journal entry will be:

July 31

Dr Unearned Revenue 7,500

C Design Services Revenue 7,500

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3 years ago
What is a Benefit of using good human relations
nadezda [96]

Answer:

One of the benefits of using good human relations is that it will help you with your social skills and you will adjust better to different situations.

Explanation:

You can be good at social situations.

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3 years ago
A traditional store selling products
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