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 sociological perspective is a perspective on human behavior and its connection to society as a whole. It invites us to look for the connections between the behavior of individual people and the structures of the society in which they live. Typically, we tend to think of our society as just natural.
Answer:
• newspapers
• Frozen prepared meals
Explanation:
Fast-moving consumer goods, are also called consumer packaged goods. They are the products which are sold quickly and they're usually cheap.
Examples of fast-moving consumer goods are non-durable household goods like frozen prepared meals, toiletries, cosmetics, packaged foods, beverages, candies, etc. They also have low profit margin. Based on the examples given above, the answer are newspapers and frozen prepared meals.
