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nirvana33 [79]
3 years ago
13

In 2005, ABC Company issued $100,000 of 20-year bonds at face value. Ten years later, in 2015, the company retired the bonds ear

ly by purchasing them in the open market at $101,000. The entry to record this transaction includes a:
Business
1 answer:
KiRa [710]3 years ago
3 0

Answer:

b. debit to Loss on Bond Retirement of $1,000.

Explanation:

Options are "<em> A.  credit to Gain on Bond Retirement of $1,000.  B.  debit to Loss on Bond Retirement of $1,000.  C.  debit to Bonds Payable of $101,000.  D.  credit to Cash of $100,000."</em>

<em> </em>

When a bond is retired before maturity a gain or loss may arise. In such case if the price paid to retire the bonds is greater the carrying amount of bonds then the company need to record a loss on retirement in the book. On the other hand if the price paid is less than the carrying amount of the bonds at retirement, then the company records a gain on retirement of bonds.

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What are the advancements made in the automotive industry in 2020
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Answer:

Autonomous Vehicles (AV)

Connectivity

Electrification

Shared Mobility

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Big Data & Data Analytics

Human-Machine Interface

Blockchain

Explanation:

6 0
3 years ago
Read 2 more answers
An important use of customer lifetime value data is: a. All of these are correct. b. as a replacement for market segmentation. c
maria [59]

          An important use of customers' lifetime value data (CLVD) is all of the options. Option A is correct.

<h3>What is customer lifetime value data?</h3>

Customer lifetime value (CLV) is amongst the most important metrics to measure as a component of a customer experience journey. Customer lifetime value (CLV) is a metric for determining how important a client is to your business, not just for a single transaction, but for the entire relationship.

It's a crucial measure since keeping existing customers costs less than acquiring new ones, thus boosting the quality of your existing customers is a fantastic method to generate growth.

Knowing the Customer lifetime value (CLV) may help organizations establish strategies for:

  • Acquiring new consumers and
  • Retaining existing ones,

While keeping profit margins intact.

Learn more about Customer lifetime value (CLV) here:

brainly.com/question/22684208

4 0
2 years ago
Sophie, the cfo of slolum ski supplies, received a watch from one of her company's largest vendors, colorado ski shoppe. she rec
Gre4nikov [31]

The answer is<u> "Whether the gift was reasonable in the circumstances."</u>


The AICPA Code of Professional Conduct is a collection of arranged articulations issued by the American Institute of Certified Public Accountants that blueprint a CPA's moral and expert responsibilities. The code builds up benchmarks for evaluator autonomy, respectability and objectivity, duties to customers and partners and acts discreditable to the bookkeeping calling. The AICPA is in charge of drafting, overhauling and reissuing the code every year, on June 1.  

8 0
3 years ago
The discounts lost account is used under the ___ method for inventory. multiple choice question. periodic gross perpetual net
maxonik [38]

The discount lost account is used under the net method for inventory.

<h3><u>What is discount?</u></h3>
  • When a security is trading for less than its intrinsic or basic value, it is said to be trading at a discount in the world of finance and investment.
  • When a bond's price is trading below its par value, or face value, in the fixed-income market, a discount is present.
  • The extent of the discount is equal to the difference between the price paid for a security and its par value.
  • Bonds may trade at a discount for a variety of reasons, such as rising interest rates, problems with the underlying company's credit, or riskiness when compared to comparable bonds.

The discount rate, an interest rate used to calculate the time worth of money, should not be confused with a discount.

Know more about discount with the help of the given link:

brainly.com/question/3541148

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7 0
2 years ago
Research the different types of body language the people use in different cultures.
KiRa [710]

Answer:

Explanation:

Body language is an extremely important form of communication in every single culture, yet every culture has differences. For example...

Korean's tend to greet individuals with a bow. This is a form of showing respect as well as saying hello. Other cultures such as the Swiss tend to greet others with three cheek kisses.

Body language can be for many occasions such as Americans using the middle finger to show their dislike of someone. There's also Italian's closing their fingers together in form of a pinecone to show their distraught over something.

Body language has always been a way of expressing oneself and their emotions.

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3 years ago
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