Winkler Company borrows $86,000 and pledges its receivables as security. The journal entry to record this transaction would be: a. Debit Cash of $86,000 and credit Accounts Receivable $86,000.
b. Debit Cash of $86,000 and credit Accounts Payable $86,000.
c. Debit Note Receivable $86,000 and credit Accounts Receivable $86,000.
d. Debit Cash $86,000 and credit Notes Payable $86,000
e. Debit Accounts Receivable $86,000 and credit Notes Payable $86,000.

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.

While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?

What provides financial support to workers who are retired or have disabilities? medicare social security tax withholdings medicaid