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DENIUS [597]
3 years ago
10

A $600,000 bond was retired at 103 when the carrying value of the bond was $622,000. The entry to record the retirement would in

clude a
Business
1 answer:
Vanyuwa [196]3 years ago
4 0

Answer:

Gain on bond redemption of $4,000.

Explanation:

Based on the information given The appropriate journal entry to record the retirement would include a GAIN ON BOND REDEMPTION of $4,000

Gain on bond redemption of $4,000

[$622,000-($600,000*1.03)]

($622,000-$618,000)

=$4,000

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The practice of giving employees a high degree of control over their work, from planning and organization, through implementing
ira [324]

Answer:

b.Job Enlargement

Explanation:

Job design:

     This is the method to design a proper task for a proper person it means that if person have good technical process so give a technical work instead of giving marketing work.

Job Enlargement :

 As it name indicates enlargement it means that increases job task of and the responsibility of a person.In this task is added at the same level so this is also known as horizontal process.

Job Enhancement :

  When a organization provide new opportunity of worker to increase his skill then it know as job enhancement.

Job Enrichment :

 When a organization provide a good environment for worker then the worker feel better and always feel motivated to work .This is also a motivation process followed by organization.

So the option b is correct.

b.Job Enlargement

7 0
3 years ago
Robinson Crusoe was trying to decide if they should continue making coin purses or outsource to a supplier. Their fixed costs to
tester [92]

Answer:

852 units

Explanation:

The break-even point is number of unit produced whereas the cost of in house produced equal to selling price of similar products

Selling price of similar products  = fixed cost per unit + variable cost per unit

$5.75 = $3,750/ number of unit produced + $1.35

number of unit produced = $3,750/($5.75-$1.35) = 852 units

5 0
3 years ago
A $340,000 property sells at a 7ommission with a 50-50 co-brokerage split and a 50 gent split with her broker. what is agent's c
dusya [7]

The agent's commission is $5,950

A commission agent acts as a go-between for enterprises of all sizes when dealing with suppliers. A person in this position may operate in a variety of fields, including real estate, sales, and entertainment, as well as throughout the world. Additionally, a commission agent may simultaneously serve multiple companies.

An international agent who receives payment as a percentage of the sales they bring in. The Agent strictly complies with the sale terms specified to it by the Principal while making products available to potential customers in a certain territory (often a country). The Agent's and Principal's relationship is solely business-related; there is no employment connection between them.

To learn more about agent's commission here

brainly.com/question/26453970

#SPJ4

6 0
2 years ago
Kingbird Corporation (a calendar year C corporation) reports the following income and expenses this year: Income from operations
Artyom0805 [142]

Answer:

$7,500

Explanation:

Taxable income:

= Income from operations + Dividends received - Expenses from operations

= $200,000 + $15,000 - 140,000

= $75,000

Deductions is allowed only to the maximum extent of 10% of the taxable income of the corporation.

Therefore,

Kingbird's charitable contribution deduction:

= 10% of Taxable income

= 0.1 × $75,000

= $7,500

8 0
4 years ago
On September 1, Kennedy Company loaned $100,000, at 12% annual interest, to a customer. Interest and principal will be collected
GenaCL600 [577]

Answer:c. Debit Interest Receivable, $4,000; credit Interest Revenue, $4,000.

Explanation:

The interest payable = Principal x Rate x Time (period)

= $100,000 x 12% x 4/12 ( September to December)

$100,000 x 0.12 x 1/3

$100,000 x 0.04

=$4000

Journal entry to record accrued interest at Year end for loan issued on sept 1st.

Date         Account titles                   Debit         Credit

Dec 31st     Interest Receivable        $4000

                  Interest   Revenue                                $4000

6 0
3 years ago
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