Yes it is affordable however I don’t know what eduloan is
Answer:
B. Notes Receivable.
Explanation:
Since the company is signed an agreement for lending out of its customers for $200,000 that could be repaid in one year at 5% interest so it is not revenue not note payable and also not account receivable
Therefore it is a note receivable
Hence, the option b is correct
and, the same is to be considered and relevant
Answer:
The business cycle is crucial for businesses of all kinds because it directly affects demand for their products. Boom: high levels of consumer spending, business confidence, profits and investment. Prices and costs also tend to rise faster. Unemployment tends to be low as growth in the economy creates new jobs.
Answer:
Explanation:
The adjusting entry is shown below:
Deferred Subscription Revenue A/c Dr $12,000
To Subscription revenue A/c $12,000
(Being the deferred subscription amount is adjusted)
The computation is shown below:
= Number of subscriptions sold × sale price each × (number of months ÷ total number of months in a year)
= 400 subscriptions × $90 × (4 months ÷ 12 months)
= $36,000 × (4 months ÷ 12 months)
= $12,000
The four months are reported from the September 1 to December 31
Answer:
Company HD pays less in taxes
Explanation:
In the case when the company HD and LD have the similar rate of tax, sales revenue, etc even both have favorable net incomes also the company Hd contains greater debt ratio due to which it has more interest expense so that means company hd would pay less taxes
Therefore the above represent the answer
and, this is the answer but the same is not provided in the given options
