Answer:
The Journal entry is as follows:
Bonds Payable A/c Dr. $640,000
Premium on Bonds Payable A/c Dr. $19,200
To Gain on Redemption of Bonds $25,600
To Cash $633,600
(To record the re-acquisition of the bonds)
Working notes:
Cash = $640,000 × 0.99
= $633,600
The key considerations that should be made when choosing the most suitable type of stock is to control the stock.
<h3>What should the company control stock?</h3>
When stock is controlled it ensures that there is materials or resources available enough for production.
It includes adequate monitoring of the stock level to ensure sustainability through details inventory and monitoring.
Therefore, the key considerations that should be made when choosing the most suitable type of stock is to control the stock.
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Answer:
A. People marketing.
Explanation:
In this scenario, several farmers in different areas have started organic farming because of the popularity of Blake's campaigns; even uneducated people trust the advantages of the campaign because of Blake's involvement in it. This is a people marketing strategy.
Change is constant in the business and financial operations industry. Therefore, an employee must be versatile so he/she can cope with the fast-changing environment. He/She must also know basic computer skill/technical knowledge and must have a keen attention to detail.
Answer:
a) Is Santhosh required to increase his withholding or make estimated tax payments this year to avoid the underpayment penalty?
- No he is not required to make any payments or increase his withholdings because this year's withholdings already represent a 133% increase with respect to last year's tax liability. If the withholdings for the current are over 100% last year's tax liability, then the taxpayer doesn't need to make any further adjustments in order to avoid underpayment penalties.
b) By how much, if any, must Santhosh increase his withholding and/or estimated tax payments for the year to avoid underpayment penalties?
