The correct option is Option A - using credit to pay for purchases.
Answer:
Journal entry to eliminate Sale to Peter Company
Debit : Sales Revenue (Sally Company ) $50,000
Credit : Cost of Sales (Peter Company) $50,000
Explanation:
Peter Company and Sally Company are in a group and Peter Company is the Parent whilst Sally Company is the subsidiary.
For 2019 Eliminate an Intragroup Transactions that occur between Peter Company and Sally Company.
They have many potential <u>Entry Modes</u> at their disposal.
<h3>What is Entry Mode?</h3>
Foreign market entrance modes in international trade are the methods through which a corporation can expand its services into a non-domestic market.
Market entrance options are classified into two types: equity and non-equity. Export and commercial agreements are examples of non-equity mechanisms. Joint ventures and totally owned subsidiaries are examples of equity models. Different entrance mechanisms differ in three key ways:
- The level of danger they pose.
- Control and dedication to the resources required.
- The promised return on investment
Therefore, Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential <u>Entry Modes</u> at their disposal.
For more information on Entry Modes, refer to the given link:
brainly.com/question/17232113
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Answer:
The bonds sold at: $122,106,600 dollars
Explanation:
We will calculate the present value of the coupon payment and the maturirty at market rate of 7%
C 2.7(90 millions x 6% / 2 payment per year)
time 20 10 years and 2 payment per year
discounted at market rate: 7% divide by 2 payment per year: 0.035
PV 76.3551
Then present value of maturity:
Maturity 90.00
time 10 years
rate 0.07
PV 45.75
PV coupon $76.3551
PV maturity $45.7514
Total $122.1066
Answer: a. appropriations exceed estimated revenues
Explanation:
A Budgetary Fund Balance is simply an account that Government agencies and Departments have to calculate the difference between expected inflows and Outflows for the period that a budget covers.
It is a temporary account with it's balance going to the General fund. If it is debited in the General fund then that means that Appropriations approved for the period are more than the revenues expected. The reverse is true.
