Answer:
Correct option is (B)
Explanation:
Given:
Principal amount = $15,000
Interest rate = 9% or 0.09
Maturity = 3 years
Every year Mandy Services make payment of $5,000 of principal amount and interest accrued in the previous year. In 2019, Interest accrued for 2018 would be:
Interest = Principal × rate × time
= 15,000 × 0.09 × 1
= $1,350
Total payment made by Mandy in 2019 = 5,000 + 1,350
= $6,350
Answer: Step 1(Consequentialist framework)
Explanation: Ethics is a system of accepted rules or sets of moral acts that guides how people in an organization or a community exist or interact,Ethics has also been called Moral phylosophy. Ethics has been classified into three different frameworks which includes Consequentialist Framework( a framework where the output or result can be traced to the input,like the case with the question)
The Duty Framework( where the person involved has to think about the duty involved and its Ethical obligation in a given time) and the Virtue Framework(this Framework believe we acquire virtue the different moral acts we do or practice).
Answer:
A journal was prepared for the entries of items in the question given,
Explanation:
<em>Solution</em>
We prepare a journal entries for the item listed in the question
J<em>OURNAL ENTRY</em>
No Accnts $ Explanation Debit Credit
1 Debit Supply expense $530.
Credit Supplies $530.
2. Debit expense of insurance $125.
Credit Prepaid insurance $125.
3. Debit Depreciation expense $75
Credit Accumulated depreciation
Equipment $75
4. Debit Unearned service revenue $950
Credit Service revenue $950
5. Debit Accounts receivable $330
Credit Service revenue $330
6. Debit Interest expense $80
Credit Interest payable $80
7. Debit Salaries and wages expense $1460
Credit salaries and wages payable $1460
Answer:
The three question of economics are: what to produce, how to produce and for whom to produce? All of this implicate the scarcity of resources, which is what sums up all three questions. How to efficiently use what we have in order to make the biggest output possible? Inputs are limited, and businesses should use resources wisely, in a planned manner.
