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Artemon [7]
3 years ago
12

If a premium on a bonds payable transaction is not amortized, what are the effects on interest expense and total stockholders' e

quity?
Business
1 answer:
Murrr4er [49]3 years ago
7 0

Answer and Explanation:

A bond premium which is payable on bond is amortized will be amortized with a charge to the premium and an a good representative for intrigue cost, lessening it. On the off chance that amortization isn't recorded, intrigue cost isn't appropriately decreased and is exaggerated. The exaggeration of intrigue cost will  bring modest representation of the truth of net gain and a modest representation of the truth of value

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On the basis of the following data for Garrett Co. for Years 1 and 2 ended December 31, prepare a statement of cash flows using
Liono4ka [1.6K]

Answer:

Garrett Co. cash flows from operating activities is $61,000.

Explanation:

Garrett Co.

Statement of cash flows (extract)

Net income                                                    $56,000

Add Loss on disposal of equipment                5,000

Cash flows from operating activities            $61,000

Loss on disposal of the equipment was calculated as Proceeds - net book value, that is $15,000 - $20,000.

Note that purchase of equipment belongs to investing part of the cash flows while proceed from stock issuance and dividend payment belong to financing part of the cash flows

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2 years ago
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Answer:

2 and 4

Explanation:

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3 years ago
A disadvantage of feedback is that: Group of answer choices it makes the control process inefficient. most people are too sensit
julsineya [31]

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Explanation:

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Unfortunately though the whole premise of Feedback is that it's based on information of an event that has already happened and SOMETIMES CANNOT BE CHANGED. This is a very huge drawback but one that is implicit in the process itself.

6 0
3 years ago
Q2. Management is equally important to run a political organisation as it is to run an
Alex787 [66]

Answer:

Q2. B

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Q3. A

Q4. B

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3 years ago
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