Answer:
D. Salaries and Wages Expense 530
Advertising Expense 910
Cash 1440
Explanation:
Salaries and wages expense, and advertising expense, are expenses, therefore, when they increase, they are debited.
Cash is an asset account, when it decreases, as in this case, it is debited.
The entry would be:
Account Debit Credit
Salaries and Wages Expense 530
Advertising expense 910
Cash 1440
Answer:
D. The registered representative should decline the transaction
Explanation:
Based on the information provided within the question it can be said that the representative should decline the transaction. When dealing with money and financial accounts the representative that will handle these types of transactions needs to sit down with the owner and new recipient of the account as well as see identification from both and have them sign authorization paperwork. These are safety measures in place so that a stranger isn't able to just call and take ownership of an account.
It should be noted that statement of retained earnings gives lists of the beginning and ending balances of key equity accounts.
<h3>What is statement of retained earnings?</h3>
The statement of retained earnings can be regarded as a financial statements which provides details changes in the volume of retained earnings over some period.
statement of retained earnings describes the changes that occur during the period.
Learn more about statement of retained earnings at:
brainly.com/question/9261004
Answer:
Quoted price of bond = $1825.05
Explanation:
The quoted price or price of the bond can be calculated by taking adding the present value of the annuity payments in form of interest made by the bond and the present value of the face value of the bond. The formula for the price of bond is attached.
The interest is payed semi annually, thus the semi annual coupon payment (C) is,
C = 2000 * 5.87% * 6/12 = 58.7
The semi annual YTM is = 6.9%/2 = 3.45%
Total semi annual periods are = 13 * 2 = 26
Bond Price = 58.7 * [(1 - (1+0.0345)^-26) / 0.0345] + 2000 / (1+0.0345)^26
Bond Price = $1825.051207 rounded off to $1825.05
Answer:
The correct answer is option c.
Explanation:
A consumer price index measures the change in the price level of weighted average of a basket of goods and services purchased by the consumers.
GDP deflator measures the change in the price of all domestically produced goods and services.
A change in the price of domestically produced industrial robots will be included in the GDP deflator as it includes the prices of all domestically produced goods and services.
But it will not be included in the CPI as the industrial robots are not purchased by consumers in households, they are not consumer goods.
