Answer: it requires less objects to make the decision much easier and clearer of what the purchaser wants to get.
Explanation:
Answer and Explanation:
The Journal entry is here below:-
Accounts Payable Dr, $5,900
To Notes payable $5900
(Being the note payable is recorded)
we are debited the accounts payable as it decreased the liabilities and we credited the notes payable as it increased the liabilities in order to do the correct journalizing and posting
Answer:
- After-Tax return on Municipal Bond = 7%
- After-Tax Return on Corporate Bond = 6.72%
Explanation:
The main advantage that Municipal Bonds usually carry with them is that they are tax-exempt. As no taxes are paid on them, there is no need to calculate an after-tax return because it is the same as a pre-tax return.
After-Tax return on Municipal Bond = 7%
The Corporate Bond is subject to tax based on the holder's tax bracket.
After-Tax Return on Corporate Bond = 8.4 % * ( 1 - 20%)
After-Tax Return on Corporate Bond = 6.72%
<em>Considering taxes, the Municipal Bond is better. </em>
Answer:
The other information required on a chemical label are;
Precautionary Statements
Hazard Statements
Contact Information
Explanation:
Precautionary statement describes recommended measures that should be taken to minimize or prevent adverse effect resulting from exposure to the hazardous chemical
Hazard statement describes the nature of the hazard of the chemical.
Contact information; the name, Address and telephone number of the chemical manufacturer, importer or other responsible party.
Answer:
a. Current Account.
b. A credit to the Current Account.
Explanation:
When people go to another country for work and send the income they make back to their country of origin as remittances, this goes to the Current Account of a nation's Balance of Payments.
It would be recorded as a credit to this account because when money goes out, it goes to the credit side of the U.S. BOP as it is being exported out so is leaving the economy of the U.S.
