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AysviL [449]
3 years ago
14

The rule to remember when accounting for bonds sold at a premium or at a discount is that Bonds Payable is always credited for t

he face amount of the bond issue, regardless of the selling price. If a bond with a face value of $50,000 was sold at a premium for $52,000, what account would be credited and for how much?
Business
1 answer:
Sever21 [200]3 years ago
7 0

Answer:

Cr Bonds Payable account 50,000

Cr Premium on Bonds Payable account 2,000

Explanation:

The complete journal record should be:

  • Dr Cash account 52,000
  • Cr Bonds Payable account 50,000
  • Cr Premium on Bonds Payable account 2,000

Since cash is an asset and it increases, it should be debited.

Since bonds payable and premium on bonds payable are liabilities and they increase, they should be credited.

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The following is an example of the reasoning of a rule utilitarian:
Aleks [24]

Answer:

The correct answer is the option B: False.

Explanation:

To begin with, the concept of <em>"Rule Utilitarism"</em> refers to a type of utilitarism in where the main characteristic is in the belief that an action is right when it conforms to a rule that leads to the greatest good. Therefore that under this type of ideology, the utilitarians believe that an action would be right when the amount of good that it brings is greater than the action itself. And that is why that for an utilitarian to steal would not be wrong in the case that a greater good would come afterwards for the majority, so that means, better consequences.

7 0
3 years ago
According to the FTC's historical guidelines for mergers, would the FTC approve a merger between two firms that would result in
Alborosie

Answer:

B. Maybe. The FTC would scrutinize the merger and make a case-by-case decision.

Explanation:

If we considered the historical guidelines of FTC for the merger purpose so may be FTC could permit the merger between the two firms that could result in HHI of 1,025 after the merger as the merger represent the moderal level of the concentration in the market area so here FTC should analyzes the merger with cash to cash basis

Therefore the option b is correct

8 0
3 years ago
When compared to combination​ e, combination c provides ▼ the same less more satisfaction to the consumer?
Volgvan

B is the answer. There you go
6 0
3 years ago
2 Static game ISuppose two players are playing a game, Even and Odd. Each player has a penny and mustsecretly turn the penny to
Andreyy89

Answer: The answers are provided below.

Explanation:

1. A payoff matrix is a table whereby strategies of one player are listed in the rows and the strategies of the other player is listed in the columns while the cells show the payoffs to each player in such a way that the payoff of the row player is first listed.

The payoff matrix for this game has been attached.

2. In game theory, a strategic dominance occurs when a strategy is better than the strategy of another player. In this scenario, even does not have a dominant strategy because both strategies are providing equal payoffs for the pure strategy.

4 0
3 years ago
The marginal benefit Bob gets from purchasing a third pair of gloves is Select one:_____.
babymother [125]

Answer:

d. the total benefit he gets from purchasing four pairs of gloves minus the total benefit he gets from purchasing three pairs of gloves.

Explanation:

Marginal benefits refer to the additional gains obtained by the sales, purchase, or manufacture of an extra unit. It the advantage associated with buying or selling one more unit. Marginal benefit is compared with the marginal cost to determine if continuous production is profitable.

Since marginal benefits are associated with an extra item, obtaining the value of the additional items must exclude the previous units. In this case, getting the marginal benefit of the fourth item can be calculated by adding up the gains of all the four gloves then subtracting the gains of the first three.

6 0
3 years ago
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