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3 years ago

If the market interest rate is greater than the contractual interest rate, bonds will sell

Business

1 answer:

zzz [600]3 years ago

4 0

Answer:

When the market rate of interest on bonds is higher than the contract rate, the bonds will sell at a discount.

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Business collected S6,600 rent in advance on July 1. Accountant record the journal entry for this collected amount on July 1. Th

suter [353]

Answer:

This is correct

Explanation:

There will be two entries. One at the time of receiving cash on 1st July . That would be

Cash. B. $6600 (debit)

Unearned Rent Revenue. $ 6600 (credit)

On 31st Dec an adjusting entry would be made . The rent for 6 months will be calculated which will be as given above.

Rent for 6 months = ( 6,600/12 )* 6= $ 3,300

The entry will be

Unearned Rent Revenue $3,300 (debit)

Rent Revenue $ 3,300 (credit)

$ 3300 will be deducted from the current liabilities on the credit side.

Rent Revenue of $3300 will be added on the credit side of the income statement.

3 0

3 years ago

the aarp (american association of retired persons) pays to run an advertisement on certain television stations about protecting

Artist 52 [7]

Product and institutional advertising are the two main categories. Institutional advertising focuses on enhancing a company's reputation rather than promoting a specific item. By emphasizing the advantages, product promotion helps the product or service reach its target market.

Which of the 4 types of advertising is this?

Display advertising.
Videos for marketing.
Marketing on mobile devices.
Localized advertising.

You can choose from three basic types of digital advertising: display advertising, paid search advertising, and social media advertising.

What are a few instances of direct marketing?

Direct marketing techniques include, among others, emails, online advertisements, flyers, database marketing, sales letters, newspapers, outdoor advertising, phone text messaging, magazine advertisements, coupons, phone calls, postcards, websites, and catalog distribution.

Learn more about advertising here:

brainly.com/question/1658517

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6 0

1 year ago

The following information is available for Baker Industries: Cost of goods manufactured $ 320,000 Beginning finished goods inven

schepotkina [342]

Answer:

Baker Industries

The Cost of goods sold for the period is:

= $330,000

Explanation:

a) Data and Calculations:

Cost of goods manufactured $ 320,000

Beginning finished goods inventory 45,000

Ending finished goods inventory 35,000

Cost of goods sold:

Beginning finished goods inventory $45,000

Cost of goods manufactured 320,000

Ending finished goods inventory (35,000)

Cost of goods sold = $330,000

4 0

3 years ago

What is a subcontractor

iren [92.7K]

Answer:

A subcontractor is a company or person who is hired by a general contractor (or prime contractor, or main contractor) to perform a specific task as part of the overall project and is normally paid for services provided to the project by the originating general contractor.

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4 0

3 years ago

A situation in which the design or operation of a control does not allow management or employees, in the normal course of perfor

Helen [10]

Answer: (A) Control deficiency

Explanation:

The control deficiency is the type of situation in which the operation and the designing of the control are not allowing the management and an employee performing the various type of assigned function.

The control deficiency process occur when the person are involving with the authority in the transaction cycle.

This situation is usually occur in an larger type of an organization. The deficiency may be on the financial report that control internally.

Therefore, Option (A) is correct.

3 0

3 years ago