Answer and Explanation:
The journal entries are shown below:
On 1 Jul 2021
1.Investment in Bond $200.00
To Cash $170.00
To Discount on bond investment $30.00
(Being the investment in the bonds is recorded)
2. On 31-Dec-21
Cash Dr ($200 × 6÷12 × 6%) $6.00
Discount on bond investment $0.80
To Interest revenue ($170 × 6 ÷ 12 × 8%) $6.80
(Being the interest is recorded)
3. On 02-Jan-22
Cash $150.00
Discount on bond investment $29.20 ($200 - $170 - $0.80)
Loss on sale of investment $20.80
To Investment in Bond $200.00
(Being the sale is recorded)
Answer:
Downward rate
Explanation:
The commerce department has adjusted the growth of GDP downward, and BLS has adjusted the labor working hours upward. The bureau of labor statistics has to report a downward trend in terms of growth of labor productivity for the first quarter of 2016. The downward trend in labor productivity growth will justify the decline in GDP growth.
Answer:
Equal Employment Opportunity laws protect job applicants by making it illegal to ask certain information on job applications. The purpose of this is to help prevent discrimination. Employers cannot ask about a person's race, gender, age, religion, disability, marital status, etc.
Explanation:
The owner would spend $23.36 on soda water in a year.
