Why is a double entry accounting system so called?

The seller and the buyer agreed to a purchase price of $270,000 with the closing to occur on June 15. The seller's loan balance after the June 1 payment was $170,000. with an interest rate of 6%. The monthly payment was $1,800 principal and interest.

Blue Sky Company's 12/31/21 balance sheet reports assets of $7000000 and liabilities of $2800000. All of Blue Sky's assets' book values approximate their fair value, except for land, which has a fair value that is $420000 greater than its book value.

Your uncle has $375,000 and wants to retire. he expects to live for another 25 years, and he also expects to earn 7.5% on his invested funds.

XYZ wishes to advertise a property that has been listed by John Smith, a salesperson who goes by the name of Jake. The salesperson wants his name to be included in the ads so the public can call him. What must be included in the ad?

When the government increases taxes, rates of tax evasion increase?

involves matching the candidate's intellectual and physical skills to those of the job being filled. a. Person-organization fit b. Cognitive analytics c. Ability-job fit d. Personality-ability fit e. Personality-job fit

Assume that a $1,000,000 par value, semiannual coupon US Treasury note with five years to maturity has a coupon rate of 6%. The yield to maturity (YTM) of the bond is 11.00%.

The shareholders' equity of Green Corporation includes $200,000 of $1 par common stock and $400,000 par of 6% cumulative preferred stock.

True or False: An interest-bearing account is an account that generates interest income on the available balance in the account. → False

Answer the question on the basis of the following information for a bond having no expiration date: bond price = $1,000; bond fixed annual interest payment = $100; bond annual interest rate = 10 percent. Refer to the given information.