Answer:
Option (B) is correct.
Explanation:
The Journal entry is as follows:
Interest expense A/c Dr. $625
Note payable A/c Dr. $1791.60
To cash $$2,416.60
(To record the first month’s payment on January 31, 2021)
Working notes:
Monthly interest expense:
= (Note payable × Interest rate per annum) ÷ 12 months
= ($125,000 × 6%) ÷ 12 months
= $625
Note payable = $2,416.60 - $625
= $1,791.60
Answer:
B. legal
Explanation:
Law -
Law refers to the combination of rules and regulation , which are made and acted in order regulate conduct and management , in the society , is referred to as law.
These rules need to be followed by each and every individual , and there are strict outcome of not following the rules of law.
It is also known as the art of justice and is a the legal material .
Hence , from the question,
The correct term from the given option is legal behavior.
No, per Pennsylvania law, the buyer's right to cancel can't be waived.
A sales and purchase agreement (SPA) is a legal binding agreement between two parties that compels a transfer of funds to occur between a buyer and seller. SPAs are frequently used in real estate transactions, but they are also employed in other commercial transactions. The agreement, which is the result of discussions between the buyer and seller, completes the terms and conditions of the sale. A purchase and sales agreement (SPA) is a binding legal agreement that compels a buyer to buy and a vendor to sell a product or service. SPAs are frequently used in real estate transactions and other situations in which two parties are transacting a sizeable amount of goods.
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In the improvement of an advertising plan, blending the advertising mix might now not generally involve. "Predicting destiny behavior" isn't part of the technique.
An advertising plan is the advertising strategy that a commercial enterprise will implement to promote its products or services. The advertising and marketing plan will help decide who the target marketplace is, how pleasant to attain them, at what rate factor the service or product ought to be sold, and how the enterprise will measure its efforts.
AN instance OF A advertising PLAN. based on an evaluation of the watch marketplace and our strengths, well-known will introduce the Spree watch. half of the shoppers of branded style watches are between 18 and 34 years of age. This group, which purchases extra watches in line with capita than those older, is our primary market phase.
Knowing your target purchaser, taking an incorporated method in your campaigns, understanding and speaking your USP, focusing on your patron's troubles and particularly, committing.
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Answer:
Merchandise inventory appears on the balance sheet of a service company.
Explanation:
A service company sells services, not goods. Services are intangible, therefore they cannot be stored, so there cannot exist an inventory of unused services.
Merchandise inventory includes the goods that a business owns and will try to sell, and buying and selling them is part of the business's normal activities. The cost of the goods included in the merchandise inventory may include freight costs and packaging costs, depending on what type of product they are selling. Merchandise inventory is a current asset account.
