Answer:
Following are the responses to the given points:
Explanation:
For point a:
Criteria I
Date: 1-1.2020 Debt Investments
cash
For point b:
Criteria II
Date: 31.12.2020 Interest Account receivable to pay
Debt Investments
rate of Revenue
31.12-2020 Fair Value Adjustment
Gain or loss - equity unrealized holding
for point c:
Criteria III
31.12-2021 Interest Account receivable to pay
Debt Investments
rate of Revenue
31.12-2021 Gain or loss - equity unrealized holding
Fair Value Adjustment

Please find the attached table.
Answer:
The amount of income that David will report this year if he elects to amortize the bond premium is $455.94.
Explanation:
This can be calculated as follows:
Interest income = Carrying value of the bond * Yield to maturity…………….. (1)
Where;
Carrying value of the bond = $13,410
Yield to maturity = 3.4%
Substituting the values into equation (1), we have:
Interest income = $13,410 * 3.4% = $455.94
Therefore, the amount of income that David will report this year if he elects to amortize the bond premium is $455.94.
Answer: B. There is $19,000 available for additional investments.
Explanation:
Cash Receipts both Estimated and available
= Beginning balance + budget receipts
= 6,000 + 81,000
= $87,000
Cash payments
= 44,000 + 34,000 + 15,000
= $93,000
Additional financing required = Cash receipts - Cash payment - minimum cash balance
= 87,000 - 93,000 - 13,000
= -$19,000
Answer: C. Clip Art
Explanation: Apex Verified
Answer: income from operations for the year and the amount by which the component’s fair value less cost to sell is less than book value
Explanation:
Discontinued operations is simply and accounting term which means the parts of the core business of a company that have either been shut down or divested.
With regards to the question, the amount that the company would report as income from discontinued operations would be the income or loss that was gotten from operations, that is revenues, the expenses, gains and the losses and the impairment loss.
Therefore, the correct answer will be option B "Income from operations for the year and the amount by which the components fair value less cost to sell is less than the book value".