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slamgirl [31]
3 years ago
15

Eisler Corporation issued 2,000 $1,000 bonds at 101. Each bond was issued with one detachable stock warrant. After issuance, the

bonds were selling in the market at 98, and the warrants had a market price of $40. Use the proportional method to record the issuance of the bonds and warrants.
Business
1 answer:
ivann1987 [24]3 years ago
3 0

Answer:

The journal entry is as follows:

Cash A/c Dr. $2,020,000

Discount on bonds payable A/c Dr. $59,216

             To Bonds payable                              $2,000,000

             To Paid in capital - stock warrants    $79,216

(To record the issuance of the bonds and warrants)

Workings:

Cash:

= 2,000 × $1,000 × 101%

= $2,020,000

Discount on bonds payable:

= 2,000,000 - 2,020,000 × (980 ÷ 1,020)

= $59,216

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What kind of employees can fill the three levels of management​
TEA [102]

Answer:

hierarchy: Any group of objects ranked so that every one but the topmost is subordinate to a specified one above it.

manager: A person whose job is to manage something, such as a business, a restaurant, or a sports team.

board of directors: A group of people, elected by stockholders, to establish corporate policies, and make management decisions.

top management: company employees responsible for controlling and overseeing the entire organization

middle management: company employees that are accountable for controlling and overseeing a department

Explanation:

Most organizations have three management levels:

Low-level managers;

Middle-level managers; and

Top-level managers.

These managers are classified in a hierarchy of authority, and perform different tasks. In many organizations, the number of managers in every level resembles a pyramid.

Top-level managers

The board of directors, president, vice-president, and CEO are all examples of top-level managers.

These managers are responsible for controlling and overseeing the entire organization. They develop goals, strategic plans, company policies, and make decisions on the direction of the business.

In addition, top-level managers play a significant role in the mobilization of outside resources.

Top-level managers are accountable to the shareholders and general public.

Middle-level managers

General managers, branch managers, and department managers are all examples of middle-level managers. They are accountable to the top management for their department’s function.

Middle-level managers devote more time to organizational and directional functions than top-level managers. Their roles can be emphasized as:

Low-level managers

Supervisors, section leads, and foremen are examples of low-level management titles. These managers focus on controlling and directing.

Low-level managers usually have the responsibility of:

6 0
3 years ago
issued $400,000 of 10-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $388,000, the compan
SpyIntel [72]

Answer:

Dr Bonds Payable $400,000

Dr Loss on retirement of bonds $12,000

Cr Cash $396,000

Cr Discount on bonds $16,000

Explanation:

Preparation of the journal entry to record the redemption of the bonds.

Dr Bonds Payable $400,000

Dr Loss on retirement of bonds $12,000

($400,000-$388,000)

Cr Cash $396,000

($400,000 *99% = $396,000)

Cr Discount on bonds $16,000

($400,000+$12,000-$396,000)

(To record the redemption of the bonds)

3 0
3 years ago
What is the right use for the Introducing SAFe resource?
Gnesinka [82]

The right use for the Introducing SAFe resource is: Introduce stakeholders to SAFe to drive interest in SAFe training. Option D.

<h3>What is the  SAFe resource in agile training?</h3>

For applying agile principles at an enterprise scale, there is a set of organizational and workflow patterns called the Scaled Agile Framework (SAFe). A body of knowledge known as the framework provides systematic direction on roles and responsibilities, how to organize and manage the work, and values to uphold.

Scaled Agile Framework, also known as SAFe, is a knowledge base used by development teams to integrate Agile ideas into big businesses. In order to make the methodology work for larger teams, it modifies the best practices of Agile project management.

With the help of this framework, larger teams can employ agile approaches like Scrum or Kanban. Leaders can develop and carry out the philosophy with the aid of SAFe training and certification programs.

Read more on SAFe training here:brainly.com/question/1235714

#SPJ1

8 0
1 year ago
Kathy has taken a job with her ideal company and is excited to start in their sales department. Kathy is going to be spending so
Amanda [17]

Answer: Option (E)

Explanation:

E-business also known as online business is also referred to as any type of commercial transaction or business that tends to include sharing of information and data across internet. Commerce mostly constitutes exchange of commodity, products and other services in between groups, businesses  and also individuals and thus can be easily seen as an essential activity of a business organization.

7 0
3 years ago
Hobson Company bought the securities listed below during 2020. These securities were classified as trading securities. In its De
Wewaii [24]

Answer:

$50,800

Explanation:

Security     Cost       Fair value     Gain(loss)

X              371,000    343,500        -27,500  

Y              185,000     162,400        -22,600  

Z              <u>424,000</u>    <u>407,800</u>        <u>-16,200 </u>

Total        <u>980,000</u>    <u>913,700</u>         <u>-66,300</u>

Unrealized holding loss on Income statement ended June 30,2021 = $66,300 - $15,500 = $50,800

3 0
3 years ago
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