Answer:
A. Cash and a credit to Bonds Payable for $50,000
Explanation:
The journal entry is shown below:
Cash $50,000
To Bonds Payable $50,000
(being the issuance of the bond payable is recorded)
We simply debit the cash as it increased the assets and credited the bond payable as it also increased the liabilities so that the proper posting could be done i.e $50,000 should be credited and debited
Answer:
to be honest this is a real problem all over the world but with my experience threaten her with something she would get in trouble for with your parents and start bothering her a bunch and going into her room for no reason
Answer:
P-value is greater than the significance level, we fail to reject null hypothesis.
Explanation:
Here,
Sample size = n = 120
Sample proportion = p = 0.6500
Population Proportion =
= 0.5
Level of significance = α = 0.02
<u />
<u>Step 1:
</u>
: p = 0.5
: p < 0.5 (Left tailed test)
<u></u>
<u>Step 2:
</u>
The critical vale is = 2.0537
<u></u>
<u>Step 3: </u>
The test statistic is,
z = 
<u>Step 5:
</u>
Conclusion using critical value: Since the test statistic value is greater than the critical value, we fail to reject null hypothesis.
<u>Step 6: </u>
Conclusion using P-value: Since the P-value is greater than the significance level, we fail to reject the null hypothesis.
Answer:
E) None of the above
Explanation:
In partnership, the partners earn profit. The salary allowances are considered as though paid to a third party and are considered before arriving at the net income.
As such, given that net income is $30,000 and is to be shared in the ratio 80:20 between Gary and Elaine respectively.
Elaine's share = (20/100) × $30,000
= $6,000