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pogonyaev
2 years ago
8

QUESTION 4 Which of the following payment types require you to pay upfront?

Business
2 answers:
gayaneshka [121]2 years ago
7 0
No answer choices ?
Darina [25.2K]2 years ago
6 0
I think it's money order.
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3 years ago
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midshipmen Company borrows $17,500 from Falcon Company on July 1, 2021. Midshipmen repays the amount borrowed and pays interest
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Answer:

                                        Debit                            Credit

July 2021

Cash                                 17,500

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June 30, 2022

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Interest payable                 2,100

Cash                                                                     19,600

Adjusting Entry's

                                         Debit                                Credit

Interest expense               1050

Interest Payable                                                            1050

Explanation:

Interest for the year = 0.12*17500=2100

Interest expense 2021= 6/12*2100= 1050

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________ is the process of distributing indirect costs to products. cost allocation job cost recording cost pooling cost tracing
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I believe the answer is cost allocation.
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2 years ago
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