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emmainna [20.7K]
3 years ago
7

Given no monthly adjustments were made during the year, the December 31 year-end adjusting entry to record the interest on a $10

0,000, 12% bond that pays interest annually on November 1 and was sold at par value will include ______.
Business
1 answer:
beks73 [17]3 years ago
5 0

Answer:

Dr Interest Expense account 10,000

Cr Cash account 10,000

Explanation:

We have to calculate how much interest did the company paid = $100,000 x 10/12 x 12% = $10,000

Then we must record the journal entries

  • Dr Interest Expense account 10,000
  • Cr Cash account 10,000

Since cash is an asset and it decreases, then it should be credited.

Since interest is an expense and it increases, it should be debited.

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Durell and Earline are married, file a joint return, and their two children, ages 5 years and 6 months, qualify as dependents. A
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Answer:

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Explanation:

1000x2=2000 child tax credit

AGI is lower then 110,000 for joint filling.

5 0
3 years ago
Read 2 more answers
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3 years ago
As shift supervisor, Cassandra developed the schedule for the day, indicating which of her staff would be doing which job. The s
IrinaVladis [17]

The staff follows this schedule because of Cassandra's legitimate power.

  • As a result, the organization as a whole and the followers' attitudes change for the better.
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  • Inspirational motivation, idealized influence, intellectual stimulation, and individualized consideration are examples of these activities.
  • Personalized power, or power oriented at assisting oneself, can be used to advance one's own selfish goals rather than those of others or the organization.
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<h3>Which of the following are considered soft influence tactics?</h3>
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4 0
2 years ago
Lee is the product manager for a software program sold by Company ABC. In evaluating the product, Lee determines that something
dezoksy [38]

Answer:

Explanation: The marketing mix consists of a number of factors that a producer usually exploits in order to influence consumers to purchase his/her products and services.

The marketing mix consists of:

- Product

- Price

- Place

- Promotion.

The above are usually called the 4Ps of marketing.

Of the four factors of the marketing mix, the factor that will the easiest for Lee to change will be the price.

This is because, often times, the price of a product or service will be the major determinant in the success of said commodity, and this is due to the fact that customers will compare the product being offered with its price in order to judge whether the product is worthy of the value placed on it.

Therefore, in order for Lee to influence the potential customers to make purchases, the price of the software program will be the easiest to be reviewed, and it should be set to a level where potential customers will be influenced to exchange their money for the software program.

8 0
3 years ago
To: Ellen Stanford From: Thomas Gregory [1] Proposed Agenda for November 6 Meeting Dear Ms. Stanford, [2] Please review the foll
puteri [66]

Answer:

Parts of Email:

Part 2 of the email is part of Introduction and Details as explained below.

Explanation:

Emails can be divided into six major components:

1. Subject Line: Proposed Agenda for November 6 Meeting

2. Greeting: Dear Ms. Stanford

3. Intro/Purpose: Please review the following agenda for our next shareholder meeting and recommend any changes.

4. Details: Agenda for our next shareholder meeting

• Rising stock prices

• Discussion of new investors

• Portfolios and new funding

• Introduction of new vice-president

5. Ask/Action: Please send any changes to the agenda to me by 3:00 p.m., November 3.

6.Closing/Sign-off:  Many thanks, Thomas Thomas Gregory Financial Analyst Office: 854.454.4356 Fax: 435.458.9738 Cell: 834.435.8490

8 0
3 years ago
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