It is easy for investors to buy securities from companies almost anywhere in the world because of expanded communications and the relaxation of many legal barriers
<h3>Who is an Investor?</h3>
This refers to the person that makes investments in promising businesses or ventures with the aim of expansion.
Hence, we can see that based on the fact that investing was somewhat difficult, there was ease of operations based on the increased communications and the relaxation of many legal barriers.
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Replacing a broken dishwasher
Here’s what I had
False they are named according to shape and size
The journal entry to record interest on June 30, 2021 is: Debit Interest expense $8million; Credit Cash $8 million.
<h3>Journal entries</h3>
Rapid airlines Journal entries
1. June 30, 2021
Debit Interest expense $8million
Credit Cash $8 million
[($200 million ×8%) ×6/12]
2. Dec 31, 2021
Debit Interest expense $8 million
Credit Cash 8 million
[($200 million ×8%) ×6/12]
3. Dec 31, 2021
Debit Bonds Payable $12million
Credit Adjustment in fair value $12 million
($200 million - $188 million)
Inconclusion the journal entry to record interest on June 30, 2021 is: Debit Interest expense $8million; Credit Cash $8 million.
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