I would say that the correct answer from the choices listed above is the third option. Bob would most likely going to buy bonds. Bonds are known to be very safe however it has low return. So, it should bonds the correct answer. Hope this helps. Have a nice day.
Answer:.A. The library is a component unit.
Explanation: Library is a place where books are collected and kept for the use of students and other interested persons,this books collection can be in soft copies and hard copies.
Most modern libraries have internet facilities which helps the users to gain a better access to a wide range of books.
According to the GAAP(GENERALLY ACCEPTED ACCOUNTING PRINCIPLES) THE BALSAM CITY'S LIBRARY REPORT IS A COMPONENT UNIT
Answer:
d. $896,000.
Explanation:
The computation of the carrying value of the bond is shown below:
The amount after excluding the interest part is
= $936,000 - $16,000
= $920,000
The premium amount is
= $920,000 - 800 × $1,000
= $920,000 - $800,000
= $120,000
Now the premium amortizaton is
= $120,000 × 15 ÷ 75
= $24,000
So, the carrying value is
= $920,000 - $24,000
= $896,000
hence, the correct option is d. $896,000
The answer for this is <span>freight-out
</span>The entry to record the payment of freight costs for goods shipped to a customer requires a debit to Freight-out and a credit to cash. Freight-out is not part of the cost of inventory; it is a delivery expense and appears among the operating expenses on the income statement.
<span>In contrast, freight-in is used to record the shipping costs associated with acquiring inventory (note: when using a perpetual inventory system, the shipping cost associated with acquiring inventory is debited to Inventory).</span>
