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dezoksy [38]
3 years ago
7

When the effective-interest method of bond discount amortization is used,

Business
1 answer:
SSSSS [86.1K]3 years ago
6 0

Answer: C. interest expense will not be a constant dollar amount over the life of the bond.

Explanation:

When a bond is sold at a discount, the discount will have to be amortized over the life of the bond to ensure that it reaches par at maturity.

As a result, the interest expense will be based on a larger figure every year which would mean that it would have to be larger each time. t will therefore not be a constant dollar amount over the life of the bond.

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How will this be displayed in a journal entry? T-account?
nydimaria [60]

Answer:

Date         Account titles and description

20                                 No entry  

26                                 No entry  

31                                  No entry  

31                                  No entry

Explanation:

1. Only $5,500 was submitted by Brett. No incorporated financial transaction

2. Owner not prepared to pay $5.500

3. Also Brett's provision for vehicle prices to be winterised will be $75.

4. Once Brett paid the salary ' under the table, ' the employee was willing to work $3 less per hour. Salary only fee not charged or due.

Thus, no log entry as well as T accounts have been completed.

8 0
3 years ago
Read 2 more answers
Consumer protection laws might result in:
motikmotik

I believe the answer is: A. Fewer unwanted telemarketing calls

The consumer protect laws allow the consumers to report business practices that violate their privacy or comfort (which is what many of them consider unwanted telemarketing calls are). The protection law could also prevent the price from goes too high, but it would not necessarily lower the average prices.

5 0
3 years ago
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Which of the following correctly orders the investments from LOWER risk to HIGHER risk?
Yuliya22 [10]
Here is the correct order of investments from Lower Risk to Higher Risk: <span> Treasury bond − Diversified mutual fund – Stock

Treasury bond is released by Government, so unless your country went bankrupt, it is safe to assume that you will get the investment back.

Diversified mutual fund puts your eggs in a lot of baskets So in case one of your investment fail, the others could still support your overall investments

Since the stock is a single entity and really fluctuative, it is considered as the most dangerous type of investment.

</span>
3 0
3 years ago
What do administrative support careers do? Name three tasks.
ANTONII [103]
1.Computer software
2.Operate fax machines
3.Answer routine letters and email

4 0
3 years ago
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Your brother, who is prone to bearing substantial risk, suggests that you buy a security for $10,000 that promises to pay you $1
astraxan [27]

Answer:

16.59%

Explanation:

First we look at the formula which to determine the future value of the security and then work back to determine the annual return in terms of percentage

Future Value = Present Value x (1 +i)∧n

where i = the annual rate of return

n= number of years or period

We then plug the given figures into the equation as follows

we already know Present value to be $10,000 and the future value to be $100,000 and the number of years to be 15

Therefore, the implied annual return or yield on the investment is

100,000 = 10,000 x (1+i)∧15

(1+i)∧15 = 100,000/10,000 = 10

1 + i = (10∧(1/15))=1.165914

i= 1.165914-1

= 0.1659

= 16.59%

5 0
3 years ago
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