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ohaa [14]
3 years ago
14

Taylor Bank lends Guarantee Company $117,933 on January 1. Guarantee Company signs a $117,933, 9%, nine-month note. The entry ma

de by Guarantee Company on January 1 to record the proceeds and issuance of the note is
Business
1 answer:
sweet [91]3 years ago
5 0

Answer:

January 1, 202x, bank loan obtained from Taylor Bank (9 months, 9% interest rate)

Dr Cash 117,933

    Cr Notes payable 117,933

Explanation:

Since this is an interest bearing note that will be paid in less than a year, we should record it at face value. All current liabilities must be recorded at face value.

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Phoenix [80]

People in <u>realistic</u> careers are "persuaders. " They like leadership roles, as well as sales. They often have good verbal abilities and can talk people into doing things their way.

<h3>What is realistic career?</h3>

Realistic career is a career which create leadership roles in its practitioners. It allows its practitioners have more vocal ability and ability to convince people to do their bidding.

Examples of realistic careers are

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Learn more about career:

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Answer:

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Answer:

(E)

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Any reproduction of another manufacturer's product after examination of how it is made is called reverse engineering.

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JulsSmile [24]
Depreciation is the correct answer
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