Answer:
Bonds payable 174,000 debit
loss on redemption 23,739 debit
discount on BP 16,779 credit
Cash 180,960 credit
--to record the redemption of bonds --
Explanation:
redemption value: 174,000 x 104% = 180,960
carrying value of the bonds: (157,221)
loss on redemption of BP 23,739
There is a loss as the present value of the bonds is lower than we are paying for them
face value 174,000
carrying value (157,221)
discount 16,779
there is a discount as the carrying value of the bon is lower than the face value
We write-off the bonds accounts and declare the loss we also credit the cash used.
Answer: Option B
Explanation: In simple words, a corporation refers to an entity which has its own separate legal identity from its owners. Generally these entities works on a very large scale and the ownership rights of such companies is divided into many shares which are hold by several different individuals.
The holders of stock of such entities gets return in form of dividend and can resell their shares for capital gain in an open market of securities. As the owner and the company are two different entities the owner is not liable to report for the action of selling shares to the company.
Answer:
b. , c. , and e.
Explanation:
Based on the items provided within the question it can be said that the items that are not factors of production are 1,000 shares of Amazon.com stock, undiscovered oil in the Atlantic Ocean, and a soda. This is because they are not productive resources that are being used to produce goods and/or services, land, labor, capital, or entrepreneurship like the rest of the items on the list.
signature line
salutation
enclosure
The space between a cover letter closing and the author's typewritten name is called the signature line. This would be the space where you would either physically sign your name with a pen above the type written name once you have printed the letter out or if you are sending it electronically where you would insert a copy of your signature. You must always have a signature on cover letters.
When a market is in equilibrium consumer surplus equals producer surplus.
Consumer surplus measures the net benefit from participating in a market.
Consumer surplus measures the total benefit from participating in a market.
Answer:
Consumer surplus measures the net benefit from participating in a market
Explanation:
The statement 'Producer surplus measures the total benefit received by producers from participating in a market' is correct. Producer surplus represents the benefit producers achieve in a market, whereas consumer surplus represents the benefit buyers achieve, but it doesn't necessarily equal the producer surplus in market equilibrium.
Looking at all four statements, the one that is true is Producer surplus measures the total benefit received by producers from participating in a market.
Producer surplus is the difference between the lowest price a producer would be willing to accept for a good or service and the actual price they receive. It is a measure of the benefits producers receive from selling at a market price higher than the lowest price they would be prepared to sell at.
Consumer surplus, on the other hand, measures the benefit buyers receive from buying a good or service for a price lower than the highest they would be prepared to pay. It should not, however, be confused with the total benefit from participating in the market.
Furthermore, it's not necessarily true that consumer surplus equals producer surplus when a market is in equilibrium. The relationship between the two in equilibrium depends on a variety of factors including the shapes of the supply and demand curves, and the distribution of costs and benefits among buyers and sellers.
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