Answer and Explanation:
The Journal entries are shown below:-
Interest expense Dr, $316,800
Premium on bonds payable Dr, $19,200 ($96,000 ÷ 5)
To Interest payable $336,000 ($4,800,000 × 7%)
(Being interest expense and bond premium amortization is recorded)
Here we debited the interest expenses and premium on bonds as it increased the expenses and we credited the interest payable as it also increased the liabilities
Answer:
351,830,000 Yuan
Explanation:
Investment value = C$ 15.1 billion
Value in Yuan in June 2012 = C$ 15.1 billion x 6.3698 Yuan/C$
Value in Yuan in September 2012 = C$ 15.1 billion x 6.3465 Yuan/C$
The difference in Yuan if Cnooc has purchased Nexen in September instead of June is:
![D= 15,100,000,000*(6.3698 - 6.3465)\\D= 351,830,000 \ Yuan](https://tex.z-dn.net/?f=D%3D%2015%2C100%2C000%2C000%2A%286.3698%20-%206.3465%29%5C%5CD%3D%20351%2C830%2C000%20%5C%20Yuan)
Cnocc saves 351,830,000 Yuan
Answer and Explanation:
1.We have to ensure that data is being received from a reliable source
2.The wrong data would lead to wrong interpretation and prediction of customer's needs
3. The data mining algorithm must be effective enough to clean data that has alot of errors
4.incoporating background knowledge of the data in reducing complexity and finding data pattern
5. Data privacy and security issues present the challenge of getting needed data from data sources or resorting to other means that mayalr data less reliable