As a seller we would receive $1,041.25
<u>Solution:</u>
You may receive the bid price of the dealer, of $1,000, or $1,041.25
Prices of treasury bonds are expressed as par value amounts.
The quote price of 104:25 means that the bond is priced at of the par value.
Therefore, if the debt is $1,000, the dollar values to be charged by the borrower should be
Answer:
a.
Date Account Title Debit Credit
XX-XX-XXX Accounts Receivable $12,040
Fees earned $12,040
b. No it would not have been.
If using the cash basis, the revenue would only be recognized when the cash is paid to the company. As the cash has not been paid, there would be no need to adjust for the revenue in the present period.
Answer:
is this a book if so send me a link
Explanation:
Answer:
B. Controllable costs
Explanation:
There are some costs that are expended by a company during the cost of carrying out their business operations. These costs such as labor costs and marketing budgets are incurred because the company has full authority over them. They are costs that can be altered in short term based on a business decision.
In other words, controllable costs are those costs or expenses that can be influenced by those who are saddled with the responsibilities of incurring them.