Expenses for items that we do not need are wants
Stock-rises and falls with market
youth-schools often sponsor it
NOT SURE ABOUT THESE LAST 2
Credit Union account-members own it
online-minimal overhead = high interest rate
Answer:
Discount on bonds issuance = $15750
Explanation:
A bond is issued at a discount when the issue price of the bond is less than the face value of the bond. This usually happens when the coupon rate paid by the bond is less than the market interest rate. To calculate the amount of discount on bonds issuance, we simply deduct the issue price from the face value of the bond. Thus,
Discount on Bonds = Face value - Issue price
As we know the face value of the bonds is $700000 and the issue price is $684250, we can calculate the discount on issuance to be,
Discount on bonds issuance = 700000 - 684250
Discount on bonds issuance = $15750
The space between a cover letter closing and the author's typewritten name is called the signature line. This would be the space where you would either physically sign your name with a pen above the type written name once you have printed the letter out or if you are sending it electronically where you would insert a copy of your signature. You must always have a signature on cover letters.
Answer:
The correct answer is letter "B": Extend the useful life of an asset beyond its original estimate by several years.
Explanation:
Ordinary repairs refer to routine maintenance that equipment and machinery need to work over its estimated useful life. <em>It does not aim to extend the life of the equipment but helps meeting the estimated time a company plans to use those assets.</em> In accounting terms, ordinary repairs demand to record a debit to an expense account and a credit to a cash account.
