Answer:
Note payable 75,600 debit
Interest expense 1,134 debit
Cash 76,734 credit
Explanation:
NOTE: it semes you paste possible answer for a differnt questions.However it is possible to determiante a correct answer:
interest will be calculate as follows:
principal x rate x time = interest
we should match rate and time in the same metric, in this case portion of a 360 days years:
75,600 x 0.09 x 60/360 =<em> 1.134</em>
As we take the debt, this interst are expense.
To record this, we will write-off the note principal, post the interest expense and credit the total amount of cash disbursements to pay up the debt.
Note payable 75,600 debit
Interest expense 1,134 debit
Cash 76,734 credit
The critical thinking process includes the deep thinking process which involves deep insights into the assessment so that both the drawbacks and the benefits of the assessment process can be made easily. In addition to this, the critical thinking process helps the assessors to critically evaluate the students in order to identify their drawbacks and skills so that proper feedback to be given to them in order to cultivate the best values within the students. Thus critical thinking process helps in the best assessment process.
Critical thinking is the analysis and judgment of available facts, evidence, observations, and arguments. The subject is complicated. There are several different definitions, which generally involve a reasonable, skeptical, and unbiased analysis or evaluation of factual evidence. Critical thinking is self-directed, self-disciplined, self-monitoring, and self-correcting thinking. This means accepting strict quality standards and consciously mastering their application. It includes effective communication and problem-solving skills, as well as a commitment to overcome native egocentrism and sociocentrism.
Critical thinking is the active and skillful conceptualization, application, analysis, synthesis, and synthesis of information gathered or generated from observation, experience, reflection, reasoning, or communication as a guide to beliefs and actions. It is an intellectually trained process of evaluating and/or evaluating.
Learn more about Critical thinking here: brainly.com/question/3021226
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Answer:
$2.8 divdends per share
Explanation:
$56 market price
Rate of return 10%
The gain for an investment in stocks is:
In this case we are told that this is distribute evenly, this means:
dividends paid = market price gain
So dividends yield 5% and market price yields another 5% to achieve the 10%
So currently $56 market price x 0.05% = $2.8 divdends per share
Answer: B. Adam, Jason, and Cory receive an ordinary deduction of $20,000 in X2.
Explanation:
Based on the information given, since the value of the LLC's capital equals $180,000 after Cory receives his one-third capital interest, Cory will report (⅓ × $180000) = $60,000 of ordinary income in X2.
Also, Adam and Jason will receive an ordinary deduction of $30,000 in X2. The sentence that "Adam, Jason, and Cory receive an ordinary deduction of $20,000 in X2" is wrong. They do not get sane amount as Cory gets a higher amount.
Answer:
Substantial performance
Explanation:
A substantial performance is described as a degree of performance of a contract which is not full and complete in performance, but which the performance is termed almost equivalent to what is expected. In substantial performance, the essential obligations of the contract have been performed but not all that is required under the contract.
