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2 years ago

The adjusting entry to record accrued interest on a note payable requires a debit to

1 answer:

7 0

The adjusting entry to record accrued interest on a note payable requires a debit to Interest Expenses and a credit to Interest Payable. Interest payable is an ongoing duty account that is used to report the amount of interest that has been obtaining but has not yet been paid as of the date of the balance sheet.

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If an industry is characterized by low entry barriers, strong supplier and buyer positions, high threat of substitutes and inten

rodikova [14]

The industry is likely to be a monopolistic industry.

<h3>What is a monopolistic competition?</h3>

A monopolistic industry is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. There is an intense completion among firms in this industry. An example of monopolistic industry are restaurants

To learn more about monopolistic industry, please check: brainly.com/question/21052250

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1 year ago

Functions of the jse in details

Nookie1986 [14]

Functions of the JSE include: *serves as a link between investors and entrepreneurs. *serves as an indicator of economic conditions. *Provides a regulated vehicle for trading shares.

4 0

3 years ago

If total liabilities decreased by $15,000 and stockholders' equity increased by $10,000 during a period of time, then total asse

scoray [572]

Answer:

The total assets must change by B) $5,000 decrease

Explanation:

hi, remember that:

$Assets=Liabilities+Equity$

If liabilities decrease by $15,000 and equity increases by $10,000...

$Assets=(Liabilities-15,000)+(Equity+10,000)$

$Assets=Liabilities+Equity-5,000$

Therefore, to balance this equation, we have to substract -$5,000 from the assets, therefore, the assets decrease by 5,000, which is B)

Best of luck.

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2 years ago

Finish the lyrics lol<br><br> "let it gooo, let it gooo_________________''

xxTIMURxx [149]

Answer:

XDD aint it like "can't hold it back anymore" XDD i think it is from frozen

Explanation:

^-^ have a nice day

5 0

2 years ago

Read 2 more answers

In 2019, Bonita Industries sold 3000 units at $1000 each. Variable expenses were $700 per unit, and fixed expenses were $780000.

solniwko [45]

Answer:

Bonita’s break-even point in units for 2020 is 812.50 units.

Explanation:

Break-even point in units refers to the number of units of commodity that must sold by a company in order for its cost to be equal to revenue and therefore make no profit but also no loss. This can be determined for Bonita Industries as follows:

Selling price in 2020 = Selling price in 2019 * (100% - Percentage cut in selling price) = $1,000 * (100% - 40%) = $1,000 * 96% = $960

Variable expenses = $700

Fixed expenses = $780,000

Contribution per unit = Selling price in 2020 - Variable expenses = $960 - $700 = $260

Bonita’s break-even point in units for 2020 = Fixed expenses / Contribution per unit = $780,000 / $960 = 812.50 units

Therefore, Bonita’s break-even point in units for 2020 is 812.50 units.

8 0

3 years ago