To record the retirement of bonds we have to debit the bond payable account with $435,376, debit the interest account with $22,914, and credit the cash account with $458,290.
The retirement of the bond takes place when they are required to be redeemed before they mature. In other words, if the company wants to buy back its bonds before the period of the bond is over. Sometimes the company will also have to pay the interest amount that is due on the bond to the bond-holder.
The bondholders are creditors of the company. These are the people to have loaned money to the company and who the company has to pay back either at maturity or when the company wants. This should be specified to the bondholder before issuing him the bond. The transaction that will be written to record the transaction will be:
Bonds Payable a/c Dr. 435,376
Interest a/c Dr. 22,914
To cash a/c 458,290.
(Being the bonds retired and interest amount paid)
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Because they may have extra work to do, or possibly over time, or even just to dedicated to their work for other things.
Answer:
d.mitigating
Explanation:
This is a mitigating factor. A mitigating factor is a fact of relevance as it can reveal the motivations of the crime. Although not sufficient to absorb the defendant, except in cases of self-defense, when there is evidence of mitigating factors, this can be used to soften a defendant's penalty if it is proven that the motive for the crime was not misleading. A good example is the case in which the defendant committed a murder, and he was sentenced to death, but there is a mitigating factor: the defendant suffered physical abuse for years and killed his attacker. The jury can understand that the defendant committed the crime due to the suffering caused by the victim, which would be different from a crime motivated by trite motives. Thus, the death penalty can be understood as disproportionate and it can be reversed to a less severe penalty.
A. The stock market............
Answer:
Taxes can be either direct or indirect. A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. An indirect tax is one that can be passed on-or shifted-to another person or group by the person or business that owes it.
Explanation:
