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2 years ago

What does Brett Helsel do in a typical work day? (Site 1

Business

1 answer:

musickatia [10]2 years ago

3 0

Answer:

which Brett helsel

Explanation:

you have to give us an explanation

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Training workers to do their jobs properly and working with suppliers to improve the quality of material they supply to you are

rjkz [21]

Making your buisiness better

5 0

2 years ago

Read 2 more answers

Headland Co. has a held-to-maturity investment in the bonds of Schuyler Corp. with a carrying value of $79,200. Headland determi

Allisa [31]

Answer:

The Journal Entry is as follows:

Loss on Impairment $8,400

Debt Investment ($8,400)

Explanation:

Given.

Carrying Value = $79,200

Decreased Value = $70,800

Differences = $79,200 - $70,800

Differences = $8,400

Since the loss in value is determined, uncollectible.

The required entry on the journal entry are the amount loss on impairment and the amount invested on debt.

The Journal Entry is as follows:

Loss on Impairment $8,400

Debt Investment ($8,400)

7 0

3 years ago

Financial institutions pay___

Dmitriy789 [7]

Answer: B

Explanation: I work for a bank.

3 0

2 years ago

Read 2 more answers

For both unearned revenues and prepaid expenses, the cash payment occurs __________ the adjusting entry to record the earning of

alex41 [277]

Answer:

The correct answer that fills the gap is d. before.

Explanation:

Everything that happens in the business must be registered in the accounting system, so that the newspaper and the major contain a complete history of all the commercial operations of the period. If an operation or transaction has not been registered, account balances will not show the correct figure at the end of the accounting period.

The seats with which the accounts are adjusted or updated are called adjustment seats. If the adjustment does not affect an income or expense account, it is not an adjustment entry.

The income can be earned (accrued) before the cash is received from the client, or from accounting for the transaction in the accounting records. These are revenues that have been earned but the corresponding cash has not yet been collected.

The adjustments made to the income accounts are necessary to ensure that all income earned in the period has been recorded in the accounting. In order for the net profit to be expressed correctly in the income statement. There are two types of income adjustment:

Cumulative income not collected.
Customer advances.

5 0

2 years ago

Stech Co. is issuing $9 million 12% bonds in a private placement on July 1, 2017. Each $1,000 bond pays interest semi-annually o

STALIN [3.7K]

Answer:

Expected selling price =$ 1,271.81

Explanation:

The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity.

These cash flows include interest payment and redemption value

The price of the bond can be calculated as follows:

Step 1

PV of interest payment

coupon rate - 12%, yield - 8%, years to maturity- 10 years

Semi-annual coupon rate = 12%/2 = 6%

Semi-annual Interest payment =( 6%×$1000)= $60

Semi annual yield = 8%/2 = 4%

PV of interest payment

= A ×(1- (1+r)^(-n))/r

A- interest payment, r- yield - 4%, n- no of periods- 2 × 10 = 20periods

= 60× (1-(1.04)^(-10×2))/0.04)

= 60× 13.59032634

=$815.41

Step 2

PV of redemption value (RV)

PV = RV × (1+r)^(-n)

RV - redemption value- $1000, n- 2×10 r- 4%

= 1,000 × (1+0.04)^(-2×10)

= $456.38

Step 3

Price of bond = PV of interest payment + PV of RV

= $815.41 + $456.38

= $ 1,271.81

Expected selling price =$ 1,271.81

5 0

3 years ago