Answer:
E. $1,500; $6,000
Explanation:
In accrual basis, expenses are recognized once it is incurred. In cash basis, expenses are only recorded when cash is paid. As such,
when company uses supplies purchased in the previous period, $1,500, no expense is recorded.
when the company pays cash for inventory, $6,000, an expense for $6,000 is recorded.
Therefore the amount of accrual-basis expense is $1,500 while the amount of cash-basis expense is $6,000.
Firstly, Loan A has a lower interest rate (0.25% lower) and therefore the interest payed is lower ($209.49 cheaper) and of course the total paid is lower for Loan A.
The benefit of Loan B is the term of payment is longer and the monthly repayments are lower. This could be good for someone working minimum wage due to having a low income.
In conclusion, I think Loan A would be better due to the interest being lower which is always a plus for loans.
Answer:
The requirement of question is prepare journal entries for each of above transaction; It is assumed that par value of each share is $1
Explanation:
Feb 1.
Common Stocks 230*1 Dr.$230
Paid in capital in excess of par 230*(22-1) Dr.$4,830
Cash 230*22 Cr.$5,060
b. Jul 15
Cash 130*23 Dr.$ 2,990
Common Stocks 130*1 Cr.$130
Paid in capital in excess of par 130*(23-1) Cr.$2,860
c.Oct 1
Cash 100*21 Dr.$2,100
Common Stocks 100*1 Cr.$100
Paid in Capital in excess of par 100*(21-1) Cr.$2,000
The answer is:
high wages
good benefit package
safe work environment
Incentives is given by company to influence its employers to dedicate themselves to a certain task for the company.
The incentives could come in a form of monetary (related to money) , or non-monetary (other than money but still bring positive financial value to your life)
The price of the new bonds given the face value and interest rate is $8,928.57.
<h3>What is the price of the bonds?</h3>
Bonds are debt instruments issued by a firm with the purpose of raising capital to carry out projects. The price of the bonds can be determined by discounting the face value of the bonds by the interest rate.
The price of the bonds = face value of the bonds / ( 1 + interest rate)
$10,000 / (1.12) = $8,928.57
To learn more about bonds, please check; brainly.com/question/8917277
