1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Burka [1]
4 years ago
8

Unamortized bond discount should be reported on the balance sheet of the issuer as a (3 points) A. None of the above B. Direct d

eduction from the face amount of the debt. C. Deferred charge. D. Direct deduction from the present value of the debt.
Business
1 answer:
Vinil7 [7]4 years ago
3 0

ANSWER:

B. A direct deduction from the face amount of the debt.

EXPLANATION:

To define An Unamortised bond you should know the meaning of these terms,

A) A PAR of a bond: this is referred to as the bond's value at maturity. That is the value of a bond when it matures.

B) A bond DISCOUNT refers to the the bond's excess of par value over its selling price. That is the difference between the par value and the amount the bond is sold.

And now an AMORTIZED BOND DISCOUNT is the balance of a bond discount that remains to be amortized by the issuing firm over the bond's life until it matures.

It is the difference between a Bond's value at maturity and the proceeds from the sale of the bond by the issuing company, less the portion that has already been amortized (written off in gradual increments) on the profit and loss statement.

It is usually reported on the balance sheet of the issuer as the Direct deduction from the face amount of the debt.

You might be interested in
During the recession of 2007−2009, the U.S. federal government’s tax collections fell from about $2.6 trillion down to about
Varvara68 [4.7K]

Answer: A. Yes

Explanation: The US tax system has built-in stabilizers which help when the economy is down.

Built-in stabilizers are economy policies of government which are triggered automatically to stabilize the economy when it experiencing a downward movement or an unexpected growth in an excessive way without the explicit intervention of the government. An example of this is unemployment insurance.

7 0
4 years ago
Tamarisk, Inc. just began business and made the following four inventory purchases in June: June 1 162 units $972 June 10 216 un
Marta_Voda [28]

Answer:

Inventory= $1,890

Explanation:

Giving the following information:

Tamarisk, Inc. just began business and made the following four inventory purchases in June:

June 1: 162 units $972

June 10: 216 units  $1512

June 15: 216 units $1728 (1728/216=8)

June 28: 162 units $1458 (1458/162=9)

A physical count of merchandise inventory on June 30 reveals that there are 216 units on hand.

FIFO (first-in, first-out)

Inventory= 162*9 + 54*8= $1,890

4 0
3 years ago
I’m ancient times, memory was a vital component in public speaking because?
Alex Ar [27]

Rhetoric was the primary element of composition and speaking speech delivery in classical Greece and Rome, both of which were essential abilities for individuals to utilise in both ancient public and private life.

Citizens in ancient Greece spoke for themselves rather than having experts, such as modern lawyers, speaking on their behalf. One can better understand the present by studying history. Consider studying ancient history if you're interested in learning how the art of public speaking has changed over time. About 2,500 years ago, in ancient Athens, public speaking was invented. Men were expected to speak as part of their civic responsibilities, which included doing so in legislative bodies and in court.

To learn more about ancient, click here.

brainly.com/question/505050

#SPJ1

6 0
2 years ago
Sterling Company paid $1,200 for 3 months of rent on April 1 of the current year. On April 30, Sterling Company made an adjustin
irina [24]

Explanation:

the rent start on February first and paid 400 the expense rent are for 29 days on 13.7 USD per day

3 0
3 years ago
Why should you dress professionally and do some research beforehand?
kiruha [24]
B. you dress professionally because you need to be good in their eyes because some people judge by the way you wear and you need to make research to make you very confined and competent with your self , this will make you talk like a super star on the stage
6 0
4 years ago
Read 2 more answers
Other questions:
  • Craig thorne works in a public accounting firm and hopes to eventually become a partner. the management of allnet company invite
    11·1 answer
  • In the monetarist view, the long-run Phillips curve is____________.
    14·1 answer
  • A buyer entered into a contract with a seller to purchase the seller's farm. The contract of sale referred to the farm as contai
    13·1 answer
  • Cullumber Co. leased equipment to Union Co. on July 1, 2021, and properly recorded the sales-type lease at $131,000, the present
    11·1 answer
  • An increase in investment __________.
    7·1 answer
  • Knowledge Check 01 Simpson Company purchased $900 of equipment by paying cash and recorded the expenditure as a purchase of land
    8·1 answer
  • Frito Lay is owned by Pepsi and has a variety of billion dollar brands such as Doritos, Cheetos, Lays, and Ruffles. These famous
    12·1 answer
  • Globalization has led toa. lower operational efficiency as firms must transport raw materials and finished goods farther. b. inc
    15·1 answer
  • Stine Corp.'s trial balance reflected the following account balances at December 31, 2014: Accounts receivable (net) $19,000 Tra
    10·1 answer
  • Ted is the owner and chief executive officer of a business. He recently began an advertising campaign to promote a new product t
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!