« previous next »

Author Question: Assume that the fair market value of investments in a Debt Service Fund decreased by 25,000 as of ... (Read 28 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
on: Jul 5, 2018
Assume that the fair market value of investments in a Debt Service Fund decreased by 25,000 as of the end of the fiscal year. What entry would be necessary to reflect this change?
 
  A. Debit interest revenue and credit investments.
  B. Debit interest expense and credit investments.
  C. Debit interest expense and credit cash.
  D. No entry is necessary as they investments have not actually been sold.

Question 2

Business to business (B2B)
 a. systems are limited to companies that see over the Internet
  b. represents the majority of e-business volume
  c. both a. and b.
  d. neither a. nor b.


smrtceo

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 5, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

A visually impaired patient is assisted by a service dog. A visually impaired patient is assisted by a service dog.
Technical service bulletins (TSBs) are issued by vehicle manufacturers when a fault occurs that ... Technical service bulletins (TSBs) are issued by vehicle manufacturers when a fault occurs that ...
A form that the customer should fill out if there is a driveablilty concern to help the service ... A form that the customer should fill out if there is a driveablilty concern to help the service ...
Debt payments of $1610.00 due today, $725.00 due in 101 days and $670.00 due in 296 days ... Debt payments of $1610.00 due today, $725.00 due in 101 days and $670.00 due in 296 days ...
For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Photosynthesis overview Animation

For a complete list of videos, visit our video library