Answer:
b. a debit to Held-to-Maturity Debt Investments for $26,000
Explanation: 
Investment in corporate bonds is considered as Held-to-Maturity Debt investments.
Date           Accounts Title and Explanation                Debit       Credit
30 Mar 18   Held-to-Maturity Debt investments          $26,000
                    [$25,000 + $1,000)
                            Cash                                                                     $26,000
                   (To record an investment in bonds)
Therefore, in the journal entry, it is debited to Held-to-Maturity Debt investments for $26,000
 
        
             
        
        
        
Answer:
DR Work in Progress Account $39,650
DR Factory Overhead Account $18,440
CR Wages Payable $58,090
(To record factory Labor Costs) 
Workings 
Work in Progress 
Standard policy is to send the direct cost of Labor to the Work in Progress Account. 
The Total direct cost of labor are all of the above except the Indirect cost. 
= 3,460 + 2,870 + 5,260 + 5,950 + 3,630 + 2,380 + 16,120
= $39,650
 
        
             
        
        
        
Answer:
The Journal entries are as follows:
(1) 
Equipment A/c       Dr. $71,890
To cash                                           $3,790
To accounts payable                     $68,100
(To record the purchase of equipment)
Workings:
Equipment value: 
= Purchase price + Sales tax + Freight charges for shipment of equipment + Installation of equipment
= 64,000 +4,100 + 890 + 2,900
= $71,890
Cash Paid: 
= Freight charges for shipment of equipment + Installation of equipment
= 890 + 2,900
= $3,790
Accounts payable = Purchase price + Sales tax
                                = 64,000 +4,100
                                = $68,100
(2) 
Prepaid Insurance A/c    Dr. $1,090
To cash A/c                                             $1,090
(To record any expenditures not capitalized in the purchase of equipment)
 
        
             
        
        
        
Answer:
The correct answer is letter "D": are damages in excess of the plaintiff's injuries, awarded to punish the defendant.
Explanation:
Punitive Damages are penalties passed to the defendant of court cases on top of compensations they must pay to plaintiffs because of the faults they committed. The punitive damage is not provided to the plaintiffs but is imposed to punish defendants when their faults are negligent and should not be repeated.  
Thus, <em>punish damages are imposed in an attempt to avoid other individuals to commit the same gross faults.</em>