Amex Corporation invests excess cash to purchase $25,000 in corporate bonds on March 30, 2018. In addition to the $25,000, Amex also paid a brokerage fee of $1,000. Amex intends to hold the bonds until maturity and has the ability to do so. When the bonds mature on March 30, 2020, Amex plans to use the cash for its business expansion. Which of the following is included in the journal entry on March 30, 2018?
A) a debit to Held-to-Maturity Debt Investments for $25,000
B) a debit to Trading-Debt Investments for $25,000
C) a debit to Held-to-Maturity Debt Investments for $26,000
D) a debit to Trading-Debt Investments for $26,000
C) a debit to Held-to-Maturity Debt Investments for $26,000
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Karl Mathers set up a new company and obtained loans to buy inventory with the intention of filing for bankruptcy after 2 years and selling the inventory later to a close friend at deep discounts. What is the term for this type of bankruptcy fraud?
a. Commercial loan fraud b. Inventory dumping fraud c. Bust-out d. None of the above
Ashley is interested in measuring the amount of output that Acme Global gets per unit of input. Specifically, she would like to measure how much time each worker spends on each assignment. Ashley is interested in measuring ______.
A. revenue B. turnover C. productivity D. costs
How should these stock rights be treated in the earnings per share calculation for the year ending December 31 . 2013?
a. The stock options are antidilutive and should not be included either in basic or diluted earnings per share. b. The stock options are dilutive and should be included in diluted earnings per share in the amount of 77 shares. c. The stock options are dilutive and should be included in diluted earnings per share in the amount of 2,000 shares. d. The stock options are dilutive and should be included in diluted earnings per share in the amount of 333 shares.
The market structure method of competition identification is based on the premise that
________. A) most markets are structured as monopolies B) all players in a market have an equal market share C) most markets have a familiar structure D) the market structure depends on profit margins