Answer:
Interest expense account
Explanation:
In accounting, interests paid on loan, promissory or any other forms of loan written off to the income statement as an expense in the period in which they are incurred.
Therefore, the interest expense account will be will be debited when Parma records the entry relating to each of the four interest payments. The other leg of the account is to credit the profit and loss account to complete the record.
Answer: The answer is $27.25
Explanation:
Let x be the price Sweet dreams will charge to earn the profit of $75,000
New sales units = 20,000
New variable cost = $19
We know, Sales - Variable cost - Fixed cost = Profit
Now applying the equation,
20,000x - (20,000*19) - 90,000 = $75000
20,000x = $75,000 + 380,000 + 90,000
therefore, x = $27.25
So, Sweet Dreams will charge $27.25 to earn the same profit it is earning now i.e. $75000 per year.
The Date sheet is a statement for daily business transactions. it includes the list of checks and balances for the office for a specific date of service.
A business transaction is an economic event involving a third party that is documented in the accounting system of a company.
Such a transaction needs to have a monetary value. Business transactions include, for example:
In a specific diary, such as a purchasing journal or sales journal, high-volume commercial transactions may be documented.
These journals are used to record business transactions, which are then regularly compiled and submitted to the general ledger.
Transactions with a lower volume are submitted straight to the general ledger. The financial accounts of the company eventually include a summary of these transactions.
A source document must always be used to back up a business transaction. A purchase order, for instance, might be used to facilitate the purchase of items from a supplier and the payment of wages to an employee.
Learn more about business transactions here
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Answer:
This is a case of<u> "compulsive hoarding".</u>
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Explanation:
Compulsive hoarding refers to a pattern of behavior in which you are not willing to throw out anything in your house, in these things there are many which have no value for you and that is just garbage. When you do like this, there will be unnecessary things and dust everywhere, this will also have affect on you health like Danielle in the given scenario, and you will become more sick day by day.
