The amount of interest due on bonds payable owed by the company is adjusted by

a. debiting Interest Payable and crediting Cost of Goods Sold; b. debiting Interest Payable and crediting Interest Expense; c. debiting Interest Expense and crediting Interest Payable; d. debiting Interest Expense and crediting Cost of Goods Sold; e. debiting Interest Expense and crediting Factory Overhead


C

Business

You might also like to view...

________ is a technique that attempts to determine the relative importance consumers attach to salient attributes and the utilities they attach to the levels of attributes

A) Internal analysis of preferences B) External analysis of preferences C) Conjoint analysis D) Correspondence analysis

Business

For companies with a complex capital structure, a convertible security is potentially dilutive if its incremental EPS is

a. greater than basic EPS after considering any stock options, rights, and warrants. b. less than basic EPS after considering any stock options, rights, and warrants. c. equal to basic EPS after considering any stock options, rights, and warrants. d. less than 1.00 after considering any stock options, rights, and warrants.

Business

A fundamental question in inventory management is ______.

A. how much to order or produce B. what product features to offer C. at what price the product should be sold D. what sort of packaging is required

Business

Marjorie is a member of the board of directors of Techno Ko Corp She would like to have the corporation lend her some money so that she can begin another business venture. Which of the following is correct regarding loans of a corporation to one of its directors?

A) The Model Act permits a corporation to lend money to its directors with a majority vote of the other directors. B) The Sarbanes-Oxley Act prohibits any publicly held corporation from making personal loans to its directors or executive officers, with certain limited exceptions. C) Both the Model Act and the Revised Act prohibit loans to directors in all cases. D) The Sarbanes-Oxley Act permits a publicly held corporation to make personal loans to its directors or executive officers only with the consent of the shareholders.

Business