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zubka84 [21]
1 year ago
13

On September 1, Sunland's Painting Service borrows $161000 from National Bank on a 3-month, $161000, 4% note. The entry by Sunla

nd's Painting Service to record payment of the note and accrued interest on January 1 is
Business
1 answer:
fenix001 [56]1 year ago
5 0

DR Notes Payable 150,000; DR Interest Payable 1,500; CR Cash 151,500

Interest Payable = ($150,000 x .04) x 3 / 12 = $1,500.

<h3>What is Interest Payable?</h3>

Interest Payable is a liability account, shown on a company's balance sheet, which represents the amount of interest expense that has accrued to date but has not been paid as of the date on the balance sheet.

In short, it represents the amount of interest currently owed to lenders.

<h3>Is interest payable an asset?</h3>

Interest payable is a liability, and is usually found within the current liabilities section of the balance sheet.

Learn more about interest payable here:

<h3>brainly.com/question/14117991</h3><h3 /><h3>#SPJ4</h3>
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In the travlos (1999) study, more practice led to poorer retention and transfer test performance than less practice. a possible
kirill [66]
There are many variables that affect both retention of skill and the ability to transfer it; such variables are the frequency of practice blocks, amount of practice, homogeneity of tasks etc. It is important to distinguish between ability to perform and ability to teach. While ability to perform goes up, it is probably that at some point, certain parts of the motor skill become automated; the recnstruction process is not needed anymore and the reflex is automatic. Due to this, an individual might have high ability to perform, while low ability to teach. When there are only a few repetitions, automations have not set in yet and the experimental subject is conscious of the whole process; he has to mentally reconstruct it and thus it is easier for him to transfer his knowledge to another.
7 0
3 years ago
The unique symbols, personalities, and philosophies that support all corporate activities including strategic planning and marke
anzhelika [568]

Answer:

a) Corporate identify

Explanation:

Corporate identity is related to a set of duties of an organization that differs from others. It's the corporate culture, values, goals, plans and strategies, it's the raison d'être of any company, regardless of its size or area of ​​expertise. Through corporate identity it is possible for stakeholders to identify the company, recognize its posture and values ​​in the market. It is important that the corporate identity is well established and spread by all sectors and employees, because through it, the company proves its relevance, reputation and differentiation in the market.

6 0
3 years ago
The Securities and Exchange Commission is an example of a​ _____.
galben [10]

Answer:

(A). Federal Administrative Agency

Explanation:

The Securities and Exchange Commission(SEC) is an independent federal government agency responsible for protecting investors, maintaining fair and orderly functioning of the securities market.

The Securities and Exchange Commission was created in 1934 to help restore investor confidence in the wake of the 1929 Stock Market Crash.

The SEC is allowed to bring only civil actions, either in federal court or before an administrative judge.

Most of the administrative agencies are under the supervision of the President. Since SEC is an independent body, the President exercises limited power and control over it. But he does play a major role in influencing the activities of such independent bodies.

Thus, The Securities and Exchange Commission is an example of a Federal Administrative Body i.e option (A).

8 0
3 years ago
A firm can manufacture a product according to the production function: Q = F(K, L) = K3/4L1/4. a. Calculate the average product
Bad White [126]

Answer: 15.1875

Explanation: k = 81 units L = 16 units

(81 × 3/4) × (16÷4) = 243

Q =243

APL = Q / L

243 ÷ 16 = 15.1875 units of labour

4 0
3 years ago
Which of the following is not an information characteristic that the GASB identifies as important in government financial report
Romashka-Z-Leto [24]

Answer:

It is Conciseness (D)

Explanation:

Comparability : the financial information produced should be capable of being compared over time and with similar information about other entities.

Timeliness : Financial information should be provided within a time scale suitable for the users decision making purposes.

Reliability : Information contained in the financial reports should inspired confidence in their users which they can rely on in making relevant decision.

Conciseness : This is not part of financial information characteristics.

8 0
3 years ago
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