Five percent bonds with a total face value of $12,000 were purchased at par during the year. The last interest payment for the year was received on July 31 . The bonds pay interest semiannually. The adjusting entry at December 31 would include a
a. debit to interest revenue of $600.
b. debit to interest revenue of $250.
c. credit to interest revenue of $300.
d. credit to interest revenue of $250.
D
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Discount on Notes Payable should be classified as a
A) current asset. B) contra account to Notes Payable. C) part of shareholders' equity. D) companion account to Notes Payable.
Which skill set of Emotional Intelligence focuses on when a person can be open to their own feelings and the emotions of those around them?
A. identifying emotions B. using emotions C. understanding emotions D. managing emotions
The operating cycle for a merchandiser that sells only for cash moves from:
A. Purchases of merchandise to inventory to accounts receivable to cash sales. B. Inventory to purchases of merchandise to cash sales. C. Accounts receivable to inventory to cash sales. D. Accounts receivable to purchases of merchandise to inventory to cash sales. E. Purchases of merchandise to inventory to cash sales.
Companies that use the geocentric staffing model:
A. heavily employ host-country nationals to better deal with local-market conditions. B. have a common HR unit in their parent countries to handle employment issues for all foreign subsidiaries. C. undertake every aspect of their human resource management process from an international perspective. D. primarily hire home-country nationals to fill higher-level positions in their foreign offices.