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3 years ago

What is debt??????????

Business

2 answers:

serious [3.7K]3 years ago

5 0

Answer:

Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon

Explanation:

madreJ [45]3 years ago

3 0

Answer:

Debt is something, usually money, borrowed by one party from another. ... A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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what is the easiest way of borrowing money? 1) credit cards; 2) home loans; 3) auto loans; 4) student loans

lord [1]

4) Student loans
You may need help paying for books and other school supplies.

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3 years ago

Two Harvard economists, Robert Barro and Rachel McCleary, have researched the role that ________________ plays in economic growt

xxTIMURxx [149]

Human Resources development i think

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3 years ago

Pete and Dana are working on a project together. They disagree on how to present the key concept of equality. Dana complains tha

vekshin1

Answer:

restorative justice.

Explanation:

Based on the information provided within the question it can be said that this scenario best reflects the concept known as restorative justice. This term refers to an approach to justice where both sides of an argument or crime are sat down in a meeting with one another (and sometimes a representative) to talk about the issue and figure out a solution. Which is what supervisor did in this scenario with Pete and Dana.

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3 years ago

On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $470,000 of 8% bonds, d

Marat540 [252]

Answer:

1. January 01, 2021

Dr Cash 513,221

Cr Premium on Bonds Payable 43,221

Cr Bonds Payable 470,000

2. June 30, 2021

Dr Interest Expense 17,963

Dr Premium on Bonds Payable 837

Cr Cash 18,800

3 December 31, 2021

Dr Interest Expense 17,933

Dr Premium on Bonds Payable 867

Cr Cash 18,800

Explanation:

1. Preparation of the journal entry Record the bond issue on January 1, 2021

January 01, 2021

Dr Cash 513,221

Cr Premium on Bonds Payable 43,221

(513,221-470,000)

Cr Bonds Payable 470,000

(To Record the bond issue )

2. Preparation of the journal entry to record the first two semiannual interest payments

June 30, 2021

Dr Interest Expense 17,963

(513,221*7%*6/12)

Dr Premium on Bonds Payable 837

(18,800-17,963)

Cr Cash 18,800

(470000*8%*6/12)

(To record first two semiannual interest payments)

3.Preparation of the journal entry to record the first two semiannual interest payments

December 31, 2021

Dr Interest Expense 17,933

(513,221*7%*6/12)

Dr Premium on Bonds Payable 867

(18,800-17,963)

Cr Cash 18,800

(470000*8%*6/12)

(To record first two semiannual interest payments)

4 0

3 years ago

Read 2 more answers

Assume that, given factors of production and existing knowledge and technology, it is not possible to produce more of one good w

amm1812

Answer: The correct answer is "efficient".

Explanation: Economists would characterize this situation as: efficient.

There are situations in which the possibilities of utility improvement are exhausted, reaching an exact point where it is not possible to improve without losing an opportunity. Basically that is the condition posed by the existence of efficient allocation.

7 0

4 years ago