This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a bond is sold at a premium, the carrying value reported on the balance sheet in subsequent years ... (Read 344 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jul 5, 2018
If a bond is sold at a premium, the carrying value reported on the balance sheet in subsequent years ________.
 
  A) stays the same each year
  B) increases each year
  C) decreases each year
  D) changes every year as the market rate of interest changes

Question 2

Assume the gross amount of an invoice is 200 and a trade discount of 10 is allowed. The amount to be entered in the accounting records would be
 a. 20.
   b. 220.
   c. 200.
   d. 180.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duy1981999

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

d


s.tung

  • Member
  • Posts: 577
Reply 2 on: Jul 5, 2018
Gracias!

Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Discipline-specific training can take years to perfect. Discipline-specific training can take years to perfect.
The basalt below the hominins is dated to 1.8 million years ago, and the geomagnetic polarity of the The basalt below the hominins is dated to 1.8 million years ago, and the geomagnetic polarity of the
Hydrogen bond Hydrogen bond
One of the rats in the research reported on BioFoods. One of the rats in the research reported on BioFoods.
Covalent bond Covalent bond
Earth 600 Million Years Ago Earth 600 Million Years Ago
Video: Neurotransmission at chemical synapses & Excitory and inhibitory potentials

For a complete list of videos, visit our video library