Answer:
$5,775
Explanation:
The computation of the interest payment is shown below:
= Note payable amount × rate of interest × number of months ÷ total number of months in a year
= $110,000 × 9% × 7 months ÷ 12 months
= $5,775
We simply multiplied with the note payable , interest rate, and the given number of months to find out the interest expense
And, the seven months is calculated from June 1, 2013 to December 31, 2013
Small business <span><span>is an independently owned and operated business. This business is operated for profit and is not dominant in its field. </span>A small business investment company (SBI) is a </span>privately owned firm that provide venture capital to small enterprises that meet their investment standards.
<span /><span>The management counseling for the small businesses is done by small business institutes.</span>
I dont know but i dhapom undposnikp
Its called Generally accepted accounting principals
The answer to this question is <span>Continent Convergent Boundary
</span><span>Continent Convergent Boundary refers to the boundary where two tectonic plates experiencing active deformation.
The friction and other type of force made by these plates often caused the land to wend upwards and forming the mountains that we see today.</span>
