In general, what is the best kind of Web traffic to a Web site?
A) European Web traffic
B) paid Web traffic
C) bot-generated traffic
D) organic Web traffic
D
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In order to be classified as an extraordinary item in the income statement, an event or transaction should be
a. unusual in nature, infrequent, and material in amount. b. unusual in nature and infrequent, but it need not be material. c. infrequent and material in amount, but it need not be unusual in nature. d. unusual in nature and material, but it need not be infrequent.
The Amazing Widget Company issues $539,000 of 7%, 10-year bonds at 104 on March 31, 2017
The bonds pay interest on March 31 and September 30. Assume that the company uses the straight-line method for amortization. The journal entry to record the issuance includes a ________. A) debit to Cash for $539,000 B) credit to Bonds Payable for $560,560 C) debit to Premium on Bonds Payable for $21,560 D) debit to Cash for $560,560