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Ratling [72]
3 years ago
12

Elston Company issued $500,000 of eight percent, 20-year bonds at 106 on January 1, 2010. Interest is payable semiannually on Ju

ly 1 and January 1. Through January 1, 2016, Elston amortized $5,000 of the bond premium. On January 1, 2016, Elston retired the bonds at 103 (after making the interest payment on that date). Prepare the journal entry to record the bond retirement on January 1, 2016.

Business
1 answer:
galina1969 [7]3 years ago
8 0

Answer:

Please see attachment

Explanation:

Please see attachment

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_______ refers to changing one or more of a product's characteristics; while, a _______ is the development of a product closely
jeka57 [31]

Answer: <u>PRODUCT MODIFICATION</u> refers to changing one or more of a product's characteristics; while, a <u>LINE EXTENSION</u> is the development of a product closely related to one or more products in the existing product line but designed specifically to meet somewhat different customer needs.

7 0
4 years ago
Teresa purchased a necklace for $100 in 1964. In 2014, Teresa gave the necklace to her granddaughter, Lindsey.
padilas [110]

Answer:

d)$1,100 long-term capital gain

Explanation:

Given the information from the question. We know that a long-term capital gain or loss comes from investment that was possessed for a year or longer. However in this case, since the necklace was a gift .Therefore, there were no capital gain in 2014. In 2016, Lindsey sold the necklace for $1200. Therefore, the capital gain on the necklace will calculated as $1200- $100 = $1100. Where the $100 is a cost purchase for the previous owner. Therefore, long-term capital gain is $1100 which is option D.

8 0
4 years ago
If a large corporation is being sued by a much smaller entity, the corporation may submit to a deposition which is a form of gam
Oxana [17]
That statement is true
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3 0
3 years ago
Why does each generic business model require a different set of business-level strategies?
8090 [49]
N each of the different generic business models, customer feedback and marketing are very different because the products and consumers are different. This core difference requires synergistic strategies across all levels in order to properly support the corporate level with the information it needs.

Hope it helps!:)
4 0
2 years ago
Gareth's Grill, a global fast-food chain, does not offer beef burgers in India, while it offers only kosher foods in Israel. The
melomori [17]

Answer:

cultural variables

Explanation:

Based on the scenario being described within the question it can be said that the company is taking into account cultural variables. This refers to the different behaviors, outlooks, values and beliefs between people from different societies that make them unique. In this case selling different foods in different locations in order to compensate for the differences in beliefs is taking into account the cultural variables.

5 0
3 years ago
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