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schepotkina [342]
3 years ago
11

On June 1, $50,000 of treasury bonds were purchased between interest dates. The broker commission was $500. The bonds pay intere

st at 12%, which is paid semiannually on January 1 and July 1. What is the total cost to be debited to the Investment—Treasury Bonds account?
Business
1 answer:
timurjin [86]3 years ago
4 0

Answer:

$50,500

Explanation:

The investment treasury bonds account must be debited by $50,500 which includes the face value of the bonds ($50,000) and the broker's commission ($500). Investment accounts only record the purchase price of the bonds, they do not record any accrued interests.

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Items such as cookies, crackers, and potato chips have separate schemas. However, these can be clustered into one category becau
r-ruslan [8.4K]

Answer:

The answer is A. Taxonomic categories

Explanation:

Taxonomy can be defined as the system of classification of various things based on their similarities or differences.

In the question above, cookies, crackers and potato chips are different products, but they all share a similarity, which is that they're all snack foods and therefore are under the same taxonomic category.

3 0
3 years ago
A negative oil price shock: It is common to blame some of the poor macroeconomic per- formance of the 1970s on the rise in oil p
Yanka [14]

Answer:

A negative shock to oil prices will mean that now production becomes cheaper. This will cause the aggregate supply curve to shift rightwards and cause prices to fall and the output level to increase. The fall in prices will be short term however as over time the prices will adjust upwards to the point A which is the original market price.

7 0
3 years ago
Branch managers at First National Bank report to both a retail banking manager and a central operations officer. One of the mana
Rina8888 [55]

Answer: The type of organizational structure that this most closely resembles is the<em><u> Matrix</u></em> structure.

Explanation:

When a group of people in business are put into formal groups based on their   diverse occupational specialties it is a <u><em>matrix structure</em></u>. The groups that are put together based on similar service, products, clients, customers, and the regions that they are from.

The relationships that each person has are usually set up on a reporting grid. They use the grid which is different than a traditional reporting hierarchy. Each manager has a dual reporting relationship with each other. They can work as a regular functional manager and also a product manager.

5 0
3 years ago
You bought 200 shares of Stock A at $23.00 per share 6 months ago. It is now worth $47 per share. What was the percent of increa
Nat2105 [25]

Answer:

51 % increase

Explanation:

Stock A price= $23.00

Stock A price after 6 months= $47.00

Increase in price of Stock A= $47 - $23

                                          = $24

Percentage increase in stick price = <u>$24</u>  x  100%

                                                        $47

                                                     = 0.510 x 100%

                                                     = 51%

The percentage increase in the price of Stock A is 51%

Cheers

4 0
3 years ago
Read 2 more answers
Receive cash from customers, $15,000. Pay cash for employee salaries, $9,000. Pay cash for rent, $3,000. Receive cash from sale
Alexeev081 [22]

Answer:

Part 1

<u>Cash Account</u>

                                                                           $

<u>Debit :</u>

Receive cash from customers                     15,000

Sale of Equipment                                         8,000

Bank Loan                                                      4,000

Totals                                                            27,000

<u>Credit :</u>

Pay cash for employee salaries                   9,000

Rent                                                                3,000

Utilities                                                            1,000

Advertising                                                     7,000

Ending Balance                                              7,000

Totals                                                            27,000  

     

Part 2

Ending Balance is $7,000

Explanation:

Only Cash related purchases and receipts are posted to Cash Account. Thus ignore non-cash related transactions.

The Cash Account : Receipts are posted at the Debit side of this Account and Payments at the Credit Side.

The Balance : After determining the Totals of the Debit and Credit, the shortfall of any of that side represents the Balance.

7 0
3 years ago
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