Answer:
D.the semiannual interest payment amount is $24000
Explanation:
Debt securities are recorded on the purchase price of the securities which includes purchase price and any brokerage costs etc. Cost recorded and maturity value of this security will be $300,000 because these are issued on par and will mature on par value.The semiannual interest payment will be $12,000 ( $300,000 x ( 8% /2)) rather than $24,000. Interest revenue will also be credited to the interest revenue account. So the only incorrect option is D.the semiannual interest payment amount is $24000.
Answer:
Try Discord
Explanation:
Discord is an instant messaging app where you can get involved with the community, its free! I hope this helps have a nice day! ;)
Answer: (C) Revenue recognition principle
Explanation:
The revenue recognition is one of the type of principle that help[s in understanding the various types of accounts based guidelines that helps in identifying the particular condition in which the revenue is basically recognize.
The importance of third principle is that it helps in ensure the actual loss or the profit Margin that maintains the financial credibility.
According to the given question, the revenue recognition principle basically accepting the various types of accounting principle that helps in satisfying the performance obligations.
Therefore, Option (C) is correct answer.
Answer:
The maximum amount of earnings subject to Social Security tax will increase by $4,200 to $147,000 in 2022. Those who earn more than $147,000 in 2022 will notice a bump in their paychecks once their earnings have surpassed the taxable maximum and they no longer have Social Security tax withheld from their salary.
Explanation:
Answer:
A. Callable bonds.
Explanation:
The bond that have an option to give the right to the issuer to retired the bond at the stated amount but it should be before the maturity so the same we known as callable bond
Hence, the correct option is A
Therefore all the other options would be incorrect
The same is to be considered and relevant
