GAAP requires you to use accrual based accounting (where revenue is earned and expenses are incurred) and not cash based.
So, The type needed is choice A.
If I had written your question in English, I could have helped you
Answer:
Dr bond investment $1,400,000
Cr cash $1,400,000
Cash interest is $112,000.00
Interest revenue for the year is also $ 112,000.00
Explanation:
The cash paid for the investment is $1,400,000, this would be debited to bond investment and credited to cash since it is an outflow of cash from the business.
At six-month interval, coupon receivable=$1,400,000*8%*1/2=$ 56,000.00
annual coupon receivable=$ 56,000.00 *2=$ 112,000.00
Answer:
A special agent
Explanation:
An agent is a person who acts in the name of and on behalf of another, who has been given the degree of authority to do so.
A special agent is an agent that is authorized to carry out a specifically designated instance or in a specifically designated set of transactions or function. Any act out side the specific task or function authorized by the principal is not binding on the principal.
For example the major duty of a real estate broker is to find a buyer for the principal’s property.
Hence the best answer to the question is real estate brokers act in the capacity of a Special agent
Answer:
c. Neglecting the Other Side’s Problems.
Explanation:
To be an effective negotiator one must understand what his interest is and what he can compromise and the limits to what can be given to the other party (that is no-deal options).
It is even more important to understand the other parties problem. This can be used to guage their interest and how it can be met.
Not considering the counterparty problem is a mistake the negotiating team have made. If the other partie's problem is not understood then there won't be an effective way of negotiating.
