Answer:
Unamortized discount is $43,700
Explanation:
Unamortized bond discount=original bond discount-amortization to date
original bond discount is $46,000
Amortization =interest payable-interest expense
interest payable=$400,000*10%*6/12
=$20,000
Interest expense=$354,000*10%*6/12
=$17,700
amortization of discount=$20,000-$17,700
=$2300
unamorized bond discount=$46000-$2300
=$43,700
The unamorized bond discount at the end of the first six months is $43,700
You can advertise your business to inform people.
Answer:
add $45 to the book balance.
Explanation:
As the mistake was in our accounting we will do the adjustment on our books only:
we should decrease our account by (749)
but instead we decrease it by (794)
(749) - (794) = 45 the difference will positive in favor of the cash acccount. So, we will increase the book balance.
Answer:
c
Explanation: just did the test
Exclusive dealing
Exclusive dealing refers to a contractual agreement or requirement whereby the suppliers are only allowed to sell their goods or products through a certain retail or wholesale sales outlet in a particular area. Examples of businesses that tend to adopt this type of agreement include franchised fast food restaurants, and gas stations, because these types of businesses often need to obtain their supplies only from a particular company.