Answer: PLease see answer below
Explanation:
Date Account title and explanation Debit Credit
Dec 31 Interest receivable $168
2021 Interest revenue $168
Calculation
Interest =Principal x time x rate
= 7,200 x 8% x 3.5 /12(15th september to 31st December)
=$168
Answer:
73 months
approximately 6 years
Explanation:
The period of time it would take to pay off the loan can be determined using excel nper function as below:
=nper(rate,pmt,-pv,fv)
rate is the interest expressed in monthly terms which is 15.3%/12
pmt is the amount payment per month i.e $90
pv is the amount of loan which is $4250
fv is the balance of the loan after all payments have been made i.e $0
=nper(15.3%/12,90,-4250,0)= 73 months
73 months/12 months=approximately 6 years
Answer:
3) physical-asset specificity
Explanation:
In a business to business relationship, physical asset specificity refers to an asset, or product or service designed to fit a particular or specialized customer's need.
In this case, True Tomato needs a very specific type of bottle that probably no other ketchup manufacturer may use or want to use. So their bottle supplier specifically manufactures the tomato shaped bottle to meet True Tomato's specific requirements.
Very last price of dwelling room set = net cost + Freight = ($8,560*80%*ninety nine%) + $a hundred thirty= $6,909.fifty two
"At a reduction" is a word used to describe the practice of promoting shares, or other securities, underneath their modern-day marketplace price, similar to a sale of products at a retail status quo.
A trade discount is a quantity by means of which a producer reduces the retail charge of a product whilst it sells to a reseller, in place of to the give-up consumer.
An exchange discount is a subtraction from the list rate of the goods, allowed through the dealer to the customer at an agreed price. On the opposite, a coins cut price is a discount allowed to the client, whilst he/she makes coins payment of the goods bought, within the stipulated time.
Learn more about trade discount here: brainly.com/question/26588985
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