Answer:
Interest receivable A/c Dr $225
To Interest revenue A/c $225
(Being the accrued interest is recorded)
Explanation:
The journal entry to record accrued interest is shown below:
On December 31
Interest receivable A/c Dr $225
To Interest revenue A/c $225
(Being the accrued interest is recorded)
For recording this transaction we debited the interest receivable as it reflect in current asset and credited the interest revenue for $225 as it depict income
Answer:
Equipment and vehicles.
Explanation:
A fixed asset is a long term asset that has a useful life of over one year, it is owned and used by a company to achieve its stated objectives. They are bought to generate income, and they are not meant to sell and not easily convertible to cash. Are categorized under noncurrent assets in the balance sheet.
Fixed assets have the following characteristics:
-They exist physically and, thus, are tangible assets.
-They are owned and used by the company in its normal operations.
-They are not offered by sale as part of normal operations.
Some examples are equipment, machinery, buildings, and land.
<span>The person who would be best suited to analyze budgets, create reports, explain information to others, and handle internal company procedures and finances is the </span><span>D Business Analyst. He or she is responsible for financial reports in order for the business to maintain its finances. </span>
<em>Profit</em><em> </em>is what is left after a firm plays its variable costs and fixed costs.
Answer:
The correct answer is letter "D": multiple systematic risk factors.
Explanation:
The Arbitrage Pricing Theory or APT weights the influence of different macroeconomic factors on an asset return. If the asset's price is different than the model's projection an opportunistic investor can buy and sell the asset for a profit. Those macroeconomic factors can include economic output, unemployment, inflation, savings or investments-specific considerations and they capture systematic risk.
