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Answer:
Option A is correct
Explanation:
The amount owed and the interest would be paid in six months' time ,hence,prior to that time,any interest incurred would be accrued for.
December 31 2021 is two months after the note payable agreement was reached ,as a result,there is need to record accrued interest for two months,November and December.
Interest accrued=$195,000*6%*2/12=$1950
Interest expense is debited while interest payable is credited
A subset career in another field, or sub discipline, smaller or more specialized area of study or occupation within a larger one
Answer:
- racial justice and democracy
Explanation:
I hope this answer will help you! I know the answer because I actually took this test last year.
The answer is (a). Goods can be touched, while services are providing labor and cannot be touched. For example, you cannot touch a haircut, while you can touch a burger.
