Interest revenue on bonds is reported
a. as an addition to the Investment in Bonds account
b. as part of comprehensive income but not as part of net income
c. as part of other income
d. as part of operating income
c
You might also like to view...
The Web is the least effective medium in reaching what type of customer?
a. the elderly b. the affluent c. college graduates d. professionals
The sum of the price and usage variances will add up to the total materials variance regardless of whether the materials purchased is equal to the materials used
Indicate whether the statement is true or false
Vick forged Rhoda's name on a promissory note. Vick sold the note to Jim. Jim is a holder in due course. Since Jim is a holder in due course, Rhoda will have to pay the note
Indicate whether the statement is true or false
Diversified investors should be concerned solely with nondiversifiable risk because it can create a portfolio of assets that will eliminate all, or virtually all, diversifiable risk
Indicate whether the statement is true or false