Answer:
Assets: increase by 19,500,000
Liablities: increase by 19,500,000
Equity: no effect
Explanation:
cash proceeds: 19,500,000
face value: 20,000,000
discount 500,000
As the bonds issued were sold below par there is a discount.
the entry will be:
cash 19,500,000
discount on BP 500,000
bonds payable 20,000,000
This will generate an increase on assets for 19,500,000
and increase liablities for 19,500,000
The issuance of bonds do not generate revenues or expenses. So the equity remains unchanged-
The Affordable Care Act provides that individuals and families may take a tax credit called the <em>Health Insurance Premium Tax Credit </em>to help them purchase health insurance.
<h3>What is
Affordable Care Act? </h3>
The Affordable Care Act was enacted to reduce the cost of health insurance coverage for people who qualify for it.
The law of the Affordable Care Act make provision for premium tax credits and cost-sharing reductions to help the lower-income group.
Hence, the Act provides that individuals and families may take a tax credit called the <em>Health Insurance Premium Tax Credit </em>to help them purchase health insurance through a health insurance exchange.
Therefore, the Option C is correct.
Read more about Affordable Care Act
<em>brainly.com/question/15003073</em>
Answer: Who else do you know in this career field that I could speak to about this career?
What experience did you obtain before being elected?
Explanation:
Informational interview is the interview which is conducted to obtain information from the celebrities, politicians, and other important people to understand and learn about the strategies and planning they are gone through with in their career.
Informational interview can also be defined as a kind of meeting in which the potential job seekers get career advice.
Here, Sherry is going to obtain the career advice from mayor. Thus she will ask question related to mayor's career.
She can ask about the prior experience of mayor in politics or any other field before he was elected. She can also ask about who else she can talk related to this career for better understanding.
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
What country first began to dismantle its welfare state? <span>Chili. Democracy was restored.
</span>What was put in its place? <span>A pension plan replaced welfare.</span>
Answer:
d. the camry becomes an inferior good because the good is now perceived as lower in quality than a lexus
Explanation:
There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or from being an inferior good to a normal good. One such example of a good is the Toyota Camry. In the 1980s, more income for a household usually resulted in more Camrys being purchased. However, today more Toyota Camrys are purchased by households that have experienced a reduction in income.
How could this happen?
<u>This could only have happened because of a change in perception in households over time. </u>
It is stated in the Scenario that ''today more Toyota Camrys are purchased by households that have experienced a reduction in income.''
<u>That means Toyota Camry has become an inferior good that is purchased more when income falls.</u>
<u>Hence, the only reason the scenario would have occurred is that the camry becomes an inferior good because the good is now perceived as lower in quality</u> than a lexus
