Which financial statements are affected by the entry to record the payment of bond interest and the related amortization of a discount? Describe how each of the four financial statements is affected.
What will be an ideal response?
Expenses (interest expense) increase and net income decreases on the income statement. Assets (cash) decrease, liabilities (carrying value of bonds) increase, and stockholder's equity (retained earnings) decreases on the balance sheet. The statement of changes in stockholder's equity reports the decrease in retained earnings. The statement of cash flows reports the cash paid for interest as a cash outflow from operating activities.
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The Prizm System classifies every U.S. zip code into 1 of 66 categories, ranging from blue-blood estates to public assistance
Indicate whether the statement is true or false
The speed at which you speak is referred to as
A) tone B) non-?uencies C) pitch D) rate
If we are ______ to how others see us, we may be able to make adjustments and become more effective in other person-to-person contacts.
Fill in the blank(s) with the appropriate word(s).
Warehouses reduce large product shipments into smaller ones more suitable for individual retailers. This process is called ________
A) creating assortments B) breaking bulk C) third-party logistics D) order processing E) inventory control