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Eddi Din [679]
3 years ago
14

ABC Company issues a bond with a face value of $100,000 at face amount on January 1. ABC prepares financial statements only at D

ecember 31, so no adjusting entries are made during the year to accrue interest. If the bond carries a stated interest rate of 6% payable in cash on December 31 of each year, the journal entry to record the first bond interest payment includes ______.
Business
1 answer:
Travka [436]3 years ago
5 0

Answer:

Debit to interest expense of $6,000

Credit to cash of $6,000

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Decision making can be a difficult process if managers are not well-versed in recognizing and addressing various hindrances they
kompoz [17]

Answer

Some of the hindrances of rational decision maker by managers are;

• Cognitive biases

• Time pressure

• Group conflict

Explanation

Decision making process is controlled by an individual’s personality and behavioral traits. Objective judgments by managers can be disrupted by subjective biases. Cognitive biases such as halo effect and overconfidence can act as a barrier to rational decision making.

Time pressure can distort the process of making a rational decision thus resulting to less objective individual judgment which is influenced by intuition. Managers with ample time arrive at a more logical and highly crafted decision than those who feel they have insufficient time.

Both interpersonal and group dynamics can create a barrier towards making an effective decision.


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4 years ago
what do you think it will happen if you swipe your debit card for a purchase of 50 but only have 30 in your checking account​
Svetlanka [38]

Answer:

The card will be declined

Explanation:

If you don't hace enough to cover the full purchase, you will be told that your card is declined. However, you can pay $30 from said debit card and cover the rest of cost through another payment method

5 0
3 years ago
First Rentals purchased office supplies on credit. The general journal entry made by First Rentals will include a:
Assoli18 [71]

The general journal entry made by First Rentals on purchase of office supplies on credit will include a Credit to Accounts Payable.

<h3>How are office supplies on credit recorded?</h3>

Office supplies on credit means office supplies bought on credit by the firm.

In conclusion, the general journal entry made by First Rentals on purchase of office supplies on credit will include a Credit to Accounts Payable.

Read more about Accounts Payable

<em>brainly.com/question/1347024</em>

5 0
3 years ago
An employee's conduct during the normal workday, but not related to employment and performed for the employee's own benefit is a
BabaBlast [244]

An employee's conduct during the normal workday, but not related to employment and performed for the employee's own benefit is "frolic".

<h3>What is employee's conduct?</h3>

A legal document known as an employee code of conduct outlines the proper conduct for people working for a company. The employee code of conduct outlines appropriate conduct and social expectations that members of an organisation should uphold on a daily basis.

The five code of conduct are-

  • Integrity.
  • Objectivity.
  • proficiency in the field.
  • Confidentiality.
  • professional conduct.

To know more about the code of conduct/ethics, here

brainly.com/question/24606527

#SPJ4

3 0
2 years ago
The formula for profit is:
viktelen [127]

Answer:

B Revenues - Expenses

Explanation:

Profit can be found by subtracting revenues from expenses. This is because revenue is the total money made, and expenses are the costs associated with making that revenue. By subtracting the expenses from the revenue, you get the difference of what you actually made.

3 0
3 years ago
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