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NEW QUESTION: 1
P Co. purchased term bonds at a premium on the open market. These bonds represented
20% of the outstanding class of bonds issued at a discount by S Co., P's wholly owned subsidiary. P intends to hold the bonds until maturity. In a consolidated balance sheet, the difference between the bond carrying amounts of the two companies is:
A. Included as a decrease in retained earnings.
B. Reported as a deferred debit to be amortized over the remaining life of the bonds. D Reported as a deferred credit to be amortized over the remaining life of the bonds.
C. Included as an increase in retained earnings.
Answer: A
Explanation:
Because a consolidated financial statement should include both P and S as a Single consolidated) reporting entity, the purchase of the outstanding bonds of S by Pat a premium was in substance a retirement of debt for more than the debt's carrying amount. This transaction should be reflected in the consolidated income statement for the year of the purchase as a constructive loss from the retirement of debt. Hence, the effect on the balance sheet is to decrease retained earnings by an amount equal to the premium plus the unamortized discount before the tax effect.

NEW QUESTION: 2
Refer to the exhibit.

An engineer is configuring IOS role based CLI access and is getting an error upon entering the commands exec include show ip bgp summary parser view command. Based on the console message received, which command would fix this error?
A. enable secret <password>
B. password <password>
C. secret 5 <encrypted password>
D. username <user> secret <password>
Answer: C
Explanation:
Explanation
Explanation/Reference
parser view view-name
secret 5 encrypted-password
https://www.cisco.com/c/en/us/td/docs/ios/sec_user_services/configuration/guide/12_2sr/sec_ securing_user_services_12-2sr_book/sec_role_base_cli.html

NEW QUESTION: 3
You need to build a single-stream interactive dashboard in the interactive service hub.
You are planning the layout of the dashboard.
What are two possible components that can you include on the dashboard? Each correct answer presents a complete solution.
A. knowledge articles
B. web resources
C. queues
D. iFrames
Answer: A,C
Explanation:
Explanation/Reference:
References:
https://technet.microsoft.com/en-us/library/mt622067.aspx