1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IRINA_888 [86]
3 years ago
10

issued $400,000 of 10-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $388,000, the compan

y redeemed the bonds at 99. Prepare the entry to record the redemption of the bonds.
Business
1 answer:
SpyIntel [72]3 years ago
3 0

Answer:

Dr Bonds Payable $400,000

Dr Loss on retirement of bonds $12,000

Cr Cash $396,000

Cr Discount on bonds $16,000

Explanation:

Preparation of the journal entry to record the redemption of the bonds.

Dr Bonds Payable $400,000

Dr Loss on retirement of bonds $12,000

($400,000-$388,000)

Cr Cash $396,000

($400,000 *99% = $396,000)

Cr Discount on bonds $16,000

($400,000+$12,000-$396,000)

(To record the redemption of the bonds)

You might be interested in
Suppose that a government that is skeptical of efforts to regulate prices charged by private companies is nevertheless concerned
Mariana [72]

Answer: Option B -- Turn the company into a public enterprise.

Explanation: Public enterprise can be defined as the type of organization, establishment or business that is fully or partly owned by the government but controlled by the public body/authority. Therefore, if the government wants to regulate the price of private company, which is duly imposed on the consumer, it's a must they go for public enterprise by turning the company into a public enterprise.

8 0
2 years ago
Fun-Time Novelties, makers of stickers and other party favors, has seen remarkable growth in the last few years. This has requir
Sergio [31]

Answer:

Delegation.

Explanation:

As Fun-Time Novelties, makers of stickers and other party favors, has seen remarkable growth in the last few years. This has required managers such as Celine, head of shipping for the company, to assign tasks to subordinates. Celine is making use of a process known as delegation. Delegation can be defined as assigning of an authority to another person, mostly it is done by a manager when he or she assigns any work to his or her subordinates in order to accomplish certain tasks and activities. The person who delegates the work is still held responsible and accountable for the work which he or she has delegated to someone else.

6 0
3 years ago
what best describes ""accountability"" in journalism? group of answer choices representing and telling stories of company matter
stepan [7]

"Accountability" in journalism: Journalism businesses typically apprehend this principle of duty through admitting mistakes and correcting them promptly, as referred to in SPJ's Code of Ethics. most additionally submit complaints in their news efforts contained in letters to the editor.

The definition of accountability is taking or being assigned duty for something that you have executed or something you're presupposed to do. An example of responsibility is when a worker admits mistakes she made on a challenge.

Accountability, in phrases of ethics and governance, is equated with answerability, blameworthiness, legal responsibility, and the expectancy of account-giving. As in a thing of governance, it's been central to discussions related to problems in the public quarter, nonprofit, and personal and personal contexts. duty is a guarantee that a man or woman or an agency could be evaluated on their performance or behavior associated with something for which they're responsible. The term is associated with obligation but is seen as greater from the attitude of oversight.

Learn more about Accountability here:

brainly.com/question/980342

#SPJ4

4 0
1 year ago
Media planners typically use psychographic classifications to define their target audiences and rely heavily on primary research
kati45 [8]
<span>To properly target potential customers, it is necessary to know not only what the needs are of the people they're advertising, they also need to know how the item will be used. There are multiple reasons that a customer would buy an item or service, so I assume media planners would need to use psychographic classifications to know who their target audience is and what they would like. How heavily planners rely on these classsifications probably effects the response they received from the audience.</span>
3 0
3 years ago
Henry conducted a survey on an ad done by his company. In the survey, he asked people to evaluate the ad and state whether they
GrogVix [38]
I think the answer is rating scale test! hope this helped 
6 0
3 years ago
Read 2 more answers
Other questions:
  • ESPAÑOL: 1) Una empresa posee activos por $8’000.000 y pasivos por $5’000.000; hallar el patrimonio. 2) Una empresa tiene activo
    14·1 answer
  • A municipal dealer quotes a 2 year, 8% term revenue bond at 106. The yield to maturity is:________
    15·1 answer
  • Abby's Designer Wear is a large boutique of designer clothes. Over the past year, the business slowed down, and the boutique sta
    9·1 answer
  • Henry has a $10,000 car insurance policy with a $400 per claim deductible. Henry is involved in an accident, and his car sustain
    14·1 answer
  • A wholesaler who takes over the whole marketing job nationally for one or a few manufacturers is called a:__________. a. merchan
    9·1 answer
  • WILL MARK BRAINLIEST
    8·1 answer
  • In order for someone to avoid a contract on the grounds of intoxication, the level of intoxication must have been:______.
    9·1 answer
  • Unloading the dishwasher is an example of a _____.
    8·1 answer
  • The cost to manufacture shoes decreases. Which statement describes the expected outcome?
    11·1 answer
  • A monopolist's marginal cost curve shifts down, but the firm's demand curve remains the same. as a result of the fall in margina
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!