On January 1, 2017, Brenner Company purchased at face value, a $1,000, 6% bond that pays interest on January 1 and July 1. Brenner Company has a calendar year end. The entry for the receipt of interest on July 1, 2017 entails a Select one: a. debit to Interest Receivable for $60, and a credit to Interest Revenue for $60 b. debit to Cash for $30, and a credit to Interest Revenue for $30 c. debit to Cash for $60, and a credit to Interest Revenue for $60 d. debit to Interest Receivable for $30, and a credit to Interest Revenue for $30

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Double corporation acquired all of the common stock of simple company for

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?