Answer:
The journal entry to record issuance of the bond would be:
Debit : Cash $382,942.
Credit : Bonds Payable $382,942.
Explanation:
At Issuance of Bonds, we recognize the Cash Asset and the Liability Bond Payable at the Issue Price of the Bond instead of Face Value.
The Issue Price is also known as the Present Value or Current Price of the Bond and for this question this was given as $382,942.
A large industrial sector doesn’t
always indicate that a nation is fully developed because the standard of living
may not have risen with industrial growth. An example of this is North Korea.
It has a large industrial sector but also a low standard of living, so it’s not
considered developed. The correct answer between all the choices given is the
second choice or letter B. I am hoping that this answer has satisfied your
query and it will be able to help you in your endeavor, and if you would like,
feel free to ask another question.
On January 1, 2015, the date of issuance, the entry is:
2015
Jan 1
Cash 1,000,000
Bonds Payable 1,000,000
On each January 1 for 5 years, beginning 2015 January 1 (ending 2020 January 1), the entry would be (Remember, calculate interest as Principal x Interest x Time):
Jan 1
Bond Interest Expense ($1,000,000 x 10% x 1) 100,000
Cash 100,000
On January 1 (5 years later), the maturity date, the entry would include the last interest payment and the amount of the bond:
Jan 1
Bond Interest Expense ($1,000,000 x 10% x 1) 100,000
Bonds Payable 1,000,000
Cash 1,100,000
Answer
The various reasons for <em>ups</em> to invest in networking technology can be: <u>to raise its profile as a company, to increase its reliable connections, to boost growth through creating positive influence, to open new opportunities and to generate referrals</u>
Explanations
Network technology is the utilization of a connected system through optic cable, satellite, wireless cables for data, communication devices and other resources in different parts to build an infrastructure to relay information. Taking a strategic focus of operations, network technology can help the company reach many clients, increase the knowledge required in that business and in the long run attain a great business growth and higher profits. Currently, through networking, companies share their success and mistakes with other firms to understand challenges and enable faster growth.
Answer:
This action will result in her safe-guiding her investment portfolio in equities. For example, in a constant dollar plan, an investor keeps a constant dollar amount of the portfolio in equity securities.<em> If the equities' market value rises, the excess is transferred to fixed-income securities.</em>
Explanation:
