A short-term investment in a U.S. Treasury bill costs $24,400 and will mature six months later at $25,000. Management intends to hold the investment until it matures. The entry to record the initial investment is:
A) Short-Term Investments 25,000 Cash 25,000
B) Cash 24,400 Short-Term Investments 24,400
C) Short-Term Investments 24,400 Cash 24,400
D) Cash 25,000 Short-Term Investments 24,400Interest Income 600
C
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Indicate whether the statement is true or false
Which of the following would be the most effective action-request statement?
a. Make your purchase before December 15 and receive your valuable money-saving rebate. b. Don't hesitate another minute over the wisdom of this decision. c. Purchasing your Zoom mower within the next few weeks will assure you of paying the lowest price this season. d. Please send your payment today before the present inventory is sold out.
What are six major “red flags” that point to both OD’s lack of relevance today and future opportunities for OD to create integrative solutions to the major issues facing tomorrow’s organizations?
What will be an ideal response?
The mass-merchandising concept
A. stresses the need for conventional stores. B. supports the conventional retailer's "buy low and sell high" philosophy. C. suggests aiming at small but profitable target markets. D. focuses on increasing sales and speeding turnover by lowering prices. E. All these answers are correct.