One is the abbreviation of the other
The answer would be 14,000 dollars because, Turn the fraction into in improper fraction = to 125
125 x 112 = $14,000. Then it would be 14,000/4 so if you divide that it gives you the answer.
Answer:
yes?
Step-by-step explanation:
is this a true or false question
(its true)
Answer:
Debit Cash $12,000
Credit Interest Revenue $12,000
Step-by-step explanation:
Based on the information given in a situation where Landmark bought $300,000 of SRW Company's which includes 8% bonds payable which means that if the Interest payments are
made semiannually on December 31 as well as on June 30. The journal entry that Landmark should make to record the interest earned at year-end December 31 is:
Debit Cash $12,000
Credit Interest Revenue $12,000
($300,000*8%*6/12)
