Answer:
Explanation:
Discount on bond = Par value of bond - Issued price of bond = 500,000-463,140=36,860
2)
500,000*0.09 = 45,000
22,500 semiannually
Amount repaid:
Six payments (22500*6) 135,000
Add: Maturity value 500,000
Total amount repaid 635,000
Less: Amount borrowed (463,140)
Total bond interest 171,860
Total bond interest expense recognized 171,860
The answer is Cash. Here’s a tip: Copy and paste the question into Google and most times you’ll be able to find a Quizlet that answers your question faster.
Answer:
The right answer is option (C).
Explanation:
Earned income can be defined as the income of a person which he earns by working and efforts.
Hence according to the question, the most appropriate answer is option (C) because interest earned from a bank account is not the result of any personal efforts and hence it is not considered as earned income for EIC.
While the other options are wrong because of the following reasons:
- Wages can be defined as the income a person gets after working for some company, hence it is considered as the earned income.
- Tips are also an outcome of personal efforts to make clients happy and hence it also considered as the earned income.
- Self-employed income can be defined as the income a person gets for his work as a freelancer and hence it also considered as the earned income.
Unsubsidized federal loan
Answer:
A bank account
Explanation:
because your money is kept safe
