Popson Inc. incurred a material loss that was unusual in character. This loss should be reported as: a line item within income from continuing operations.
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Explanation:</u></h3>
Any income or loss that was incurred during the continuous operations of any segment of business or in the continuous operations of any segment of business will be either represented as after tax gain or loss on selling the business segment and the after tax effect of the operations of the discontinued business segment.
The areas such as expenses, revenues, loss and gain and those excluding the operation discontinued and extra ordinary items will included as the income from continuing operations.In the example given, the company has material loss during its operations and hen it should be reported as a line item within income from continuing operations.
It is true that when marketing objectives are attainable and challenging, they motivate those charged with achieving the objectives.
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What is marketing?</h3>
Marketing involves promoting a particular products. It involves setting an objective which when attainable will make the workers happy and willing to do more even when tedious.
Therefore, It is true that when marketing objectives are attainable and challenging, they motivate those charged with achieving the objectives.
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The answer is "$655,000".
Beginning balance = <span>$30,000
</span>Ending Balance = <span>$200,000
</span><span>Credit sales = $825,000
</span><span>Cash collections from customers for the year = credit sales - (ending balance - beginning balance)
= </span>$825,000 - ($200,000 - $30,000)
= $825,000 - $170000
= $655,000
Answer:
Dr Cash account 50,000
Cr Bonds Payable account 50,000
Explanation:
The company received $50,000 in cash. Since cash is an asset and it increased when the bonds were issued, it should be debited.
The company has to pay bonds worth $50,000. Since bonds payable is a liability and it increased when the bonds were issued, it should be credited.
A. Showing them the training success of their peers who are now in similar jobs.
