On March 21, 2017, the bond accounts of Pugh Sales showed the following balances
Pugh Sales retires the bonds for $66,150. Prepare the journal entry to record the retirement of the bonds.
What will be an ideal response
Bonds Payable 65,000
Loss on Retirement of Bonds Payable 4,400
Discount on Retirement on Bonds 3,250
Cash 66,150
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Dante just joined a new organization. His new boss handed him a thick employee handbook the first day and the office mate reiterated that the rules were very important to follow. Dante is used to a more creative and laid back organization, and he is worried about how he will adjust. What dimension of culture is Dante worried about?
A. low uncertainty avoidance B. high uncertainty avoidance C. low power distance D. high power distance
The purpose of strategic planning is to find ways in which your company can best use its strengths to take advantage of attractive opportunities in the environment
Indicate whether the statement is true or false
On June 3, Lakeland Company sold merchandise worth $1,600 on credit, terms 2/10, n/30. The merchandise sold had cost $1,100. The customer paid the amount on June 10. What is the required journal entry to record the payment received under the periodic inventory system?
A) Accounts Receivable 1,568 Sales Discounts 32Cash 1,600 B) Accounts Receivable 1,600 Sales Discounts 32Cash 1,568 C) Cash 1,568 Sales Discounts 32Accounts Receivable 1,600 D) Cash 1,600 Sales Discounts 32Accounts Receivable 1,632
Extensive online interviews conducted by the Workplace Bullying Institute found that many workplace bullies are women, as well as men
Indicate whether the statement is true or false.