Describe the journal entries required to record the issuance of bonds at par and the payment of bond interest.
What will be an ideal response?
The journal entry to record a bond issuance at par includes a debit to Cash for the amount of the proceeds and a credit to Bonds Payable for the amount of the par value of the bonds. At the time of each interest payment, the Interest Expense account is debited and the Cash account is credited for the amount of the stated (contract) interest.
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A motivation B. importance C. self D. connection to others
Having less political involvement, resulting in being more truthful with less consequence is an example of which of the following?
a. advantage of internal consulting b. advantage of external consulting c. disadvantage of internal consulting d. disadvantage of external consulting
Recruitment refers to the process of:
A. seeking and attracting a pool of people from which qualified candidates can be chosen for job vacancies. B. introducing new employees to an organization, work unit, and job. C. deploying highly skilled and experienced employees from one department of an organization to another. D. learning during which employees acquire the specific skills needed for a job.
Under the Constitution
A. neither the national government nor the states have sovereign power. B. the national government and the states share sovereign power. C. the national government has all sovereign power. D. the states have all sovereign power.