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
mafiozo [28]
3 years ago
12

On September 30, Franz Corporation notices a decline in value of its investment in held-to-maturity bonds that it believes to be

other than temporary. On that date, the carrying value of the bonds is $38,500 and the fair value is $22,980.
Required:
Prepare the journal entry to record the impairment.
Business
1 answer:
never [62]3 years ago
3 0

Answer:

Dr Loss on Impairment $15,520.00

Cr Maturity Debt Securities $15,520.00

Explanation:

Preparation of the journal entry to record the impairment.

Journal entry

Sep. 30

Dr Loss on Impairment $15,520.00

Cr Maturity Debt Securities $15,520.00

($38,500-$22,980=$15,520)

(To record the impairment)

You might be interested in
According to Piaget, children in the preoperational stage are able to Group of answer choices reason abstractly and test hypothe
Olenka [21]

Answer:

represent objects with words and images

Explanation:

The preoperational stage occurs is the second stage of Piaget's theory of Cognitive Development. Here, the child becomes familiar with the use of symbols. This also helps in the development of the child's language skills.

The child starts to understand the concept of thinking. This is known as meta-cognition. The ability of the child to represent objects with words and images is integral in the learning and use of language.

Hence, the answer is represent objects with words and images.

5 0
3 years ago
In the late 1800s, a Frenchman observed that individuals who recovered from a disease were not susceptible to that same disease
hoa [83]

Answer:

The process of "exposing healthy subjects to related or weakened disease agents to protect them from the pathogenic agent is now known as vaccination." But using the syphilis organisms would spread a full-blown serious disease agent. "Mercury and Salvarsan were used to treat syphilis. Although both treatments killed the bacterium, Treponema pallidum, the causative agent of syphilis they also caused rashes, liver damage, loss of limbs and life. These side effects have been attributed to improper handling of the drug."

Reference: Gordon State College. “Microbiology and You.” Microbiology and You: An Introduction, 2019

8 0
3 years ago
Question 13 of 20
KATRIN_1 [288]

Answer:

he answer is : He likely did not cite his research, and committed plagiarism.  Todd's manager has asked him to write a report on ways to increase safety in the warehouse. Todd used the Internet to research statistics and recommendations for improving safety in the workplace. He feels like he pulled together a really strong document and that his manager will be pleased. However, when he is called into his manager's office, his manager is concerned and tells him that he has been unethical in his work.  He likely did not cite his research, and committed plagiarism.   It is the practice of taking someone else's work or ideas and passing them off as one's own.

Explanation:

5 0
3 years ago
An investment banker agrees to underwrite an issue of 10 million shares of stock for TWResearch, Inc. on a firm commitment basis
Mrac [35]

Answer:

$ 7.5 million

Explanation:

The investment bank will have a loss which = ( 9.75 - 10.50 ) × 10 million = $ - 7.5 million

7 0
3 years ago
Read 2 more answers
The first home video game product built on a microprocessor was a home version of the popular coin-operated pong game from _____
Sauron [17]
<span>The first home video game product built on a microprocessor was a home version of the popular coin-operated pong game from </span>Nolan Bushnell' Atari.
Nolan Bushnell is a united states born citizens that fund the first portable gaming device that allow users to play the game anywhere they like
4 0
3 years ago
Other questions:
  • Concord Company purchased a new machine on October 1, 2020, at a cost of $115,900. The company estimated that the machine will h
    11·1 answer
  • A building is an example of a _____ because it is a cost that does not change as output changes. fixed cost variable cost market
    8·2 answers
  • Explain how accrual accounting differs from cash-basis accounting; apply the revenue and expense recognition principles) During
    5·1 answer
  • Imagine you having your own business, what would be your pricing strategy and why?
    7·1 answer
  • Bub here it is <br> :)<br> you made my simp list bigger btwefrgtfhjk,jmhgfvdsadfrgtyhjn bv
    9·2 answers
  • On January 1, 2021, Strato Corporation borrowed $2 million from a local bank to construct a new building over the next three yea
    6·1 answer
  • You have a job, but recently heard that your position may be cut. You can only make a
    12·1 answer
  • 2 pros of positive word of mouth (WOM) <br> 2 cons of positive word of mouth (WOM)
    12·1 answer
  • A hair stylist currently cuts and colors hair for 50 clients per week and earns a profit. He is considering expanding his operat
    14·1 answer
  • ________________ analyzes how we choose to use our resources on an aggregate (national)level and includes measures of performanc
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!