Answer:
Explanation:
The journal entry is shown below:
On September 30
Bonds payable A/c Dr $1,000,000
Loss on bond retirement A/c Dr $20,000
To Discount on Bond A/c $10,000
To Cash A/c $1,010,000
(Being the callable bond is recorded)
The computation is shown below:
For cash
= Par value of bond + Premium
= $1,000,000 + $10,000
= $1,010,000
For Loss, it would be
= $1,010,000 - $990,000
= $20,000
And, the remaining amount would be transferred to discount on bond
C sounds most correct.
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Answer:
<u>Risk Management</u> can be defined as Determining,minimizing, and preventing accidental loss in a business, for example, by taking safety measures and buying insurance
Explanation:
- Risk Management identifies the potential risk ,then it prioritizes the risk the business house is exposed to and then it addresses the risk faced by the business houses both in the short-term and the long-Term
- <u>The risks, could stem from a variety of sources, like financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters.</u>
Answer:
C
Explanation:
more foreign currency, and so buys fewer foreign goods.