i just asked my brother , and he goes to business school at bentley university in massachusetts, he said he was in a similar situation he said that reporting it to your supervisors is the best idea.
your welcome!!
Those services are <span>considered to be part of the user company's information system.
The information system obviously provides relevant information about something - given that here services are given which may have an effect on the initiation, execution, processing, or reporting of a user company's transactions, they do belong to the information system of that company.
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Answer:
Dr Bonds payable 1,600,000
Dr Loss on redemption of bonds 36,800
Cr Cash 1,632,000
Cr Discount on bonds payable 4,800
Explanation:
Loss/gain on redemption of bonds = carrying value - cash paid = ($1,600,000 - $4,800) - $1,632,000 = $1,595,200 - $1,632,000 = -$36,800 loss
Answer: correct evaluation and medium of exchange etc.
Explanation: The main problem with the barter system is that it would be hard to value the goods or services that the parties are exchanging. In the given case, it would be hard to value how many car washes would be equal to a paint of house.
Also finding someone who is willing to paint house in exchange of car washes is another difficult task.
Answer:
The balance of total assets, total liabilities, and total stockholders' equity is $640,000, $440,000 and $200,000 respectively.
Explanation:
The computation of the balance of total assets, total liabilities, and total stockholders' equity after considering the lease payment is shown below:
For Total assets
= Total assets balance + present value of lease payments
= $600,000 + $40,000
= $640,000
For Total liabilities
= Total liabilities balance + present value of lease payments
= $400,000 + $40,000
= $440,000
And, the total stockholders' equity is $200,000
While computing the stockholder equity, the lease payment does not have an impact on the stockholder equity so the balance would remain the same as before
