Answer: See explanation
Explanation:
a. The Journal entries to record the issuance of the note will be:
Debit Accounts payable $10000
Credit Notes payable $10000
(To record the issuance of note to creditor)
b. The journal entry to record thehe payment of the note at maturity, including interest will be:
Debit Notes payable $10000
Debit Interest expense $125
Credit Cash $10000 + $125 = $10125
(To record the payment on the note on maturity.
Note:
Interest expense = $10000 × 5% × 90/360
= $10000 × 0.05 × 0.25
= $125
The team falls to chaos, and nothing is produced.
Answer:
A career that excites you.
Explanation:
Planning for the future is essential to realize lifelong dreams and goals.
Answer:
Europeans were already familiar with the voyage to Africa. They originally tried to use Native Americans as slaves but discontinued because they were dying of over-work and diseases. Native Americans were replaced with Africans because they were immune and already exposed to European diseases.
Explanation:
Answer:
question a and b on what ?
Explanation:
