Answer:
Date Account Title Debit Credit
XX-XX-XXXX Interest expense $13,800
Discount on bond payable $1,300
Cash $12,500
Working
The bonds were issued at a price of 92 which means they were issued at:
= 500,000 * 96/100
= $460,000
Interest expense
= Issue price * interest rate * 6/12 months
= 460,000 * 6% * 6/12
= $13,800
Cash:
= Bond price * coupon rate * 6/12
= 500,000 * 5% * 6/12
= $12,500
Answer:
Explanation:
Expenditure made to reduce costs; Expenditure made to increase revenue; Expenditure which is justified on non-economic grounds.
Speak with confidence
encourage the interviewer to do most of the talking- after all he is the interviewer, you don't want to dominate the interview
The reason could be that they want a higher education. 4 year degree is more rewarding than a 2 year degree. they want a higher education so they can get a better job that pays them even more. thats my opinion. remember this has to do more with money. the more you prepare yourself the more money you are able to get.
The first once is c and and is a