Global Commerce Corporation purchased trading debt investments for $49,000 on December 31, 2018. There is a decrease of $3800 in the fair value of the trading debt investments by the end of the year 2019. Which of the following is the correct journal entry?


Business

You might also like to view...

Discuss the burden placed on people or organizations contacted as references for job candidates. How do organizations cope with this burden?

What will be an ideal response?

Business

Answer the following statements true (T) or false (F)

1. It is common to use a topical organization to organize speeches on questions of fact. 2. If you believe that you can best achieve the goals of your persuasive presentation by describing an issue as worsening over time, you would use a spatial organization. 3. A proposition of value represents your assertion of a statement’s worth. 4. When you are speaking on a proposition of value, your task is to justify your belief or opinion so that your receivers accept it too.

Business

Answer the following statement(s) true (T) or false (F)

1. Culture is a set of beliefs and values shared by members of a given group. 2. Socioethnic background is one of the levels of culture. 3. In 2007, 23% of the U.S. population spoke a language other than English at home compared to 13% in 2000 4. Race, color, national origin, sex, religion, age, disability, political beliefs, marital status, and education are referred to as protected groups 5. The Originals are one of the groups of generations in U.S. history.

Business

______ the transactional process through which compensation is transferred to employees and federal, state, and local income and payroll taxes are withheld from employees’ checks.

a. Payroll is b. Compensation is c. Benefits are d. none of these

Business