The answer is Letter D, debit to interest expense for $750.
The solution for this problem is Interest = Principle x Rate x Time
Interest = $50,000 x 0.09 x 60 days / 360 days
= $750
It is not letter A because the normal side of a liability is credit and there was no previous record of an interest payable, so you can't reverse the entry if you will pay for the interest.
It is not letter B because the $54,000 exceeds the amount actually borrowed plus the interest which is $750.
It is not letter C because the amount you would actually pay is $50,750.
It is letter D because you'll have to debit the Interest Expense which is the normal side of an expense account in order to know the charge of the debt that has occurred during the 60 days.
Answer:
-3x + 11
Step-by-step explanation:
The best method to solve this problem is using distributive property.
2(x + 3) = 2x + 6
5(x - 1) = 5x - 5
(2x + 6) - (5x - 5)
Open parenthesis, change the negative sign in the parenthesis to a positive sign because there is a negative sign in front.
2x + 6 - 5x + 5 = -3x + 11
Hope this helps :)
Answer:
Step-by-step explanation:
all you HAVE TO DO IS ADD THEM ALL TOGETHER
Answer:
A) Transpiration
Step-by-step explanation:
It is showing plants and trees losing water to the air.
Hope this helps!
Answer:
Second side = x feet
First side = x - 2 feet
Third side = x - 4 feet
Perimeter is 15 feet
15 = x + x - 2 + x - 4
Solve for x and then plug your x-value back into the three sides given above