Bond Discount, Entries for Bonds Payable Transactions On July 1, 20Y1, Livingston Corporation, a wholesaler of manufacturing equipment, issued $7,400,000 of 5-year, 11% bonds at a market (effective) interest rate of 12%, receiving cash of $7,127,643. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year.


Required:

Journalize the entry to record the amount of cash proceeds from the issuance of the bonds on July 1, 20Y1

Answers

Answer 1

On July 1, 20Y1, a debit of $7,127,643 was made to cash, a credit of $7,400,000 was made to Bonds Payable, and a credit of $272,357 was made to Discount on Bonds Payable to record the cash proceeds from the issuance of the bonds.

On July 1, 20Y1, to record the cash proceeds from the issuance of the bonds, the following entry would be made:

Debit: Cash $7,127,643Credit: Bonds Payable $7,400,000Credit: Discount on Bonds Payable $272,357

The debit entry to cash represents the amount of cash received from the sale of the bonds. The credit entry to Bonds Payable represents the increase in the company's liability for the bond debt. The credit entry to Discount on Bonds Payable represents the difference between the face value of the bonds and the cash proceeds received, which is the bond discount.

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War metaphors are common in business. This kind of mindset can be dangerous for business leaders because

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In business, war metaphors are frequent. Business leaders should avoid adopting this mindset since it may cause employees to act violently.

Why do moral dilemmas frequently occur in business?

Lack of integrity, issues with organisational relationships, conflicts of interest, and deceptive advertising are the four main things that might contribute to ethical issues at work.

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The four categories of business ethics are equity, rights, honesty, and the use of corporate power. Business enterprises must balance their obligations to the public, shareholders, consumers, and employees.

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In Germany, the final goods and services produced are included in Germany's GDP.

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1. below is an example of a diwalidiyas. Extract the different parts of the diyas by making a sketch emphasizing the use of lines, shape forms and color. 2. you may put some accent to make your work more creative .​

Answers

Answer:

need more info (incomplete)

Explanation:

The control principle related to not having the same person authorize and pay for goods is known as
O establishment of responsibility.
O separation of duties.
O independent internal verification.
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Answers

The control principle related to not having the same person authorize and pay for goods is known as separation of duties.

Option B is correct.

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The control principle states that we are morally judged only when it is within our control to be judged morally. It is important to recognize that there is.

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Separation of duties is a means of ensuring that no one has sole control over the life of a transaction. Ideally, no one should be able to initiate, record, approve, or coordinate transactions.

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Which of the statements is the best
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B. Income Statement
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Answer:

Cash over flow ~AU ( ;

Explanation:

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Option (B) . Assigning certain items or classes of items to particular warehouse areas so that the total distance travelled within the warehouse is maximized.

What's mean by warehouse?

A warehouse is large building to store the raw materials or finished products until they are exported to another country or distributed to distributors. synonym:

store, depot, storehouse, repository Synonyms for warehouse.

What warehouses do?

Warehousing is the process of storing physical inventory for sale and distribution. Warehouses are used by all kinds of businesses that need to store large quantities of products temporarily and then either ship them to other locations or ship them individually to end users.

What type of work is in the warehouse?

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When individuals go from government to business, and business to government, often in relatively short stints, it is called the revolving door.

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Trends impacting human resource management  are: Automation, Big Data, Workplace Culture, Employee Engagement, Globalization.

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A. bill of ingredients.

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a. Avoid a hostile take-over.
b. Have shares available for a merger or acquisition.
c. Have shares available for employee compensation.
d. Maintain market value for the company stock.
e. Allow management to assume the voting rights.

Answers

Corporation may buy back their own stock for any of the following reasons except to: Allow management to assume the voting rights

Hence, Option E is correct

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An appraisal of the relationship between an object, action, or idea and some attribute related to it is a(n) evaluation.

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arketers conduct marketing research primarily to Multiple Choice choose a market-entry strategy. create a new budget and financial plan. track the actions of competitors. implement a marketing plan. reduce risk and improve marketing decisions.

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Marketing research aims to approach its assignment in a methodical and impartial manner. This entails creating a thorough and well-thought-out research strategy that specifies each stage of the investigation.

If marketing management wants to have enough faith in its findings to be willing to make hazardous decisions based on them, impartiality in marketing research is crucial. To this goal, marketing researchers use the scientific approach to the greatest extent feasible. The scientific method is unique in that it transforms implicit assumptions, conceptions, and views into explicit statements (or hypotheses). These are empirically tested. Alternative explanations for the occurrence or phenomenon of interest are also taken into account on an equal basis. A better rice milling device was created not too long ago by a business that specialised in agricultural engineering. The device was brought into Thailand where the country's previous rice mills had a design that produced a high rate of damaged machines (broken kernels). 

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There has been ________ in the number of minority entrepreneurs in the United States over the past several years. Group of answer choices a substantial increase a moderate decrease a moderate increase a substantial decrease no meaningful change

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There has been substantial increase in the number of minority entrepreneurs in the United States over the past several years.

A substantial increase means a 50% (50%) or more increase in earning power. In the late 1970s, the United States was the first country to abandon management capitalism and turn to entrepreneurship. The beginnings of American entrepreneurship can be traced back to settlers engaging in trade and bartering with their Native Americans, resulting in mutual benefits for both parties.

This statistic shows the rate of start-up activity per 100,000 US adults from 2000 to 2021. In 2021, the U.S. startup rate was 0.36%, or 360 per 100,000 adults.

• Significantly increase the local population without providing at least 5 acres of built park for every 1,000 residents. or • Significantly increase the use of local neighborhood parks or community parks such that significant physical degradation of the facility occurs.

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How do you keep up with a changing work environment?

Answers

Keep up with a changing work environment are Stay informed, Network, Adapt, Ask questions, Stay organized, Take initiative, and Be flexible.

What is environment?

Environment is the natural world around us that is made up of living and nonliving things, including air, water, and land. Environment also includes physical features like mountains, forests, and deserts, as well as human-made features like buildings, roads, and dams. It is important to protect the environment as it provides us with resources to survive and also helps keep the Earth's climate in balance.

1. Stay informed: Keep up with industry news and trends to stay ahead of the curve.
2. Network: Attend conferences, seminars, and other events to stay connected with the latest developments in your field.
3. Adapt: Be open to learning new skills and technologies to stay competitive.
4. Ask questions: Don’t be afraid to ask questions and seek advice from colleagues and mentors.
5. Stay organized: Develop systems and processes to help you stay on top of your workload.
6. Take initiative: Look for opportunities to take on new projects and challenges.
7. Be flexible: Be willing to adjust to changing circumstances and priorities.

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What are the goals of a society?

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The main goals of a society are the following:

Living in a system that guarantees the safety, education, health, and work of all members of society.Guarantee the freedom of expression of all people and media in society.Have a justice system that guarantees the human rights of all, such as the right to vote and freedom.Guarantee the peace of society away from wars or social or political conflicts.Guarantee adequate economic and social conditions so that citizens can live with quality of life and do not have to emigrate from the country.Promote the protection and well-being of its members.

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The transportation development described in the excerpt had which of the following effects on agriculture in the United States

Answers

To counter the dominance of rail companies, farmers created cooperative associations.

What do you meant by  transportation development?

What recent innovations best explain the shift in agriculture shown in the graph? New towns and cities that needed agricultural products grew as a result of the extraction of western resources.

Which of the following best explains why technical innovation's impact on the manufacturing of commodities continued into the late 1800s? The amount of things that factories could produce rose as a result of new industrial equipment.

Due to the restriction on immigration from eastern Asia in the late 1800s, violent conflicts increased in the western United States. Debate about how to set up the country's economy was sparked by economic changes.

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A person's debt-to-income ratio describes:
O A. how often the person's credit score changes based on increasing
levels of debt.
B. how much money a person can borrow from a bank at any given
time.
O c. how frequently a person has to make payments on a significant
debt.
O D. how much the person has borrowed compared to how much he or
she earns.

Answers

Answer:

O D. how much the person has borrowed compared to how much he or

she earns

Explanation:

Your debt-to-income ratio is all your monthly debt payments divided by your gross monthly income. This number is one way lenders measure your ability to manage the monthly payments to repay the money you plan to borrow. ... If your gross monthly income is $6,000, then your debt-to-income ratio is 33 percent.

A person's debt-to-income ratio describes how much the person has borrowed compared to how much he or she earns. Thus, the correct answer is option D.

What is debt-to-income ratio ?

Lenders use the debt-to-income (DTI) ratio to determine your borrowing risk. It is the percentage of your gross monthly income that goes toward paying your monthly debt payments.

Divide all monthly debt payments by gross monthly income to get the debt-to-income ratio. This is how lenders assess our ability to manage monthly payments in order to repay the money we intend to borrow.

A DTI of 43% is typically the highest ratio a borrower can have while still qualifying for a mortgage, but lenders prefer ratios no higher than 36%. A low DTI ratio indicates adequate income relative to debt servicing, making a borrower more appealing.

Therefore, option D is correct.

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The Great Resignation, also known as the Big Quit, is an economic trend in which employees voluntarily resign from their jobs en masse, beginning in early

Answers

The Great Resignation, also known as the Big Quit, is an economic trend in which employees voluntarily resign from their jobs en masse, beginning in early 2021. This trend was a result of the COVID-19 pandemic and the economic downturn it caused.

Many employees were facing job insecurity and financial instability and chose to resign in search of more stable employment opportunities. The trend was also a result of the shift towards remote work, which enabled employees to explore job opportunities in different locations. The Great Resignation had a significant impact on the labor market, causing an increase in unemployment and a shortage of workers in certain industries. It also highlighted the need for more flexible and secure employment options for employees and the potential changes in the way we work and live due to the pandemic.

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Sasha makes pies and sells them from her food truck to local businesses. The business gives them to their employees to celebrate milestones. This is an example of a(n)

Answers

The business gives them to their employees to celebrate milestones. This is an example of Catering service.

What is business?

Business is an economic activity involving the exchange of goods and services between buyers and sellers. It is a commercial activity conducted between two or more parties to generate profit and increase wealth. Businesses involve activities such as production and distribution of goods and services, marketing, finance, accounting, and human resource management. Businesses can be small, medium, or large and can be either privately or publicly owned. They can be operated locally, regionally, or globally. Businesses have a major impact on the economy, with some businesses having a larger economic impact than others.

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explain the difference between gross pay and net pay.

Answers

Answer:

Net pay is the amount of money that will finally be available to you. Using our last example, if you earned $450.00 in gross pay, your net pay will be the amount that ends up in your bank account after taxes and other fees have been taken out.

Explanation:

Do good!

hen a store has a sale, it cuts the prices on the goods it sells. Is that more likely to happen when there is a surplus orwhen there is a shortage

Answers

When there is a surplus. Obviously the producer/seller has more of the item than the consumer/buyers want or need. Therefore, they (producers) are reducing the price to unload the item. A surplus tends to cause prices to fall.
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