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Makovka662 [10]
3 years ago
11

On the first day of​ January, Builders Company borrowed​ $1,000 on a onedashyear note payable bearing interest at​ 3% per year.

The note specifies that principal and interest must be paid in full at the end of the onedashyear period. On June​ 30, the adjusted trial balance will show Interest Payable of​ ________.
Business
1 answer:
Contact [7]3 years ago
5 0

Answer:

$15

Explanation:

Given that,

Amount borrowed = $1,000

Interest rate = 3 percent

Time period ⇒ January 1 to June 30 = 6 months

On June​ 30,

Adjusted trial balance will show Interest Payable:

= Amount of money borrowed × Rate of interest × Time period

= $1,000 × 3 percent × (6 months ÷ 12 months)

= $1,000 × 0.03 × 0.5

= $15

This amount of accrued interest upto 30th June will be credited by $40 and has a credit balance of interest payable.

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3 years ago
Excom sells radios and each unit carries a two-year replacement warranty. Typically, 5% of the radios sold need to be replaced c
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Answer:

The amount in September would Excom debit Product Warranty Expense is $805

Explanation:

According to the given data In order to calculate the amount in September would Excom debit Product Warranty Expense we would have to make the following calculation:

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3 years ago
Walter had to invest. He split the money into three types of investment: small caps earning , global market investments earning
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a big number

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6 0
2 years ago
Discuss why South Africa as a country has a scarcity of skilled workers, and how this can be changed more especially in terms of
FromTheMoon [43]

South Africa, as a country still experiences a scarcity of skilled workers.  This should not be, given the country's population size.

<h3>What is the scarcity of skilled workers?</h3>

The scarcity of skilled workers means that South African companies cannot attract the manpower they need to power the South African industry and economy.

However, this scarcity can become a thing of the past if many more South African companies can start investing in the education sector by giving out scholarships, grants, and endowing academic chairs in the universities.

This was how the economy of the United States was enabled to flourish until today.  South African companies can emulate their footsteps.

Thus, South Africa, given its enormous population, has no business experiencing a scarcity of skilled workers.

Learn more about the scarcity of skilled workers at brainly.com/question/1787954

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monitta

Answer:

D: Loss leading

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Loss leading or the loss leaders is the concept where we decree the price of certain well known and popular products to such a level that customers are amazed. We even start selling that product below its cost as well. The basic logic behind loss leaders is to increase the store traffic and therefore increasing the sales. For example, if everyone is selling eggs at $2 per dozen, and you get it at $1.5 from the whole seller then you can either sell it at the same amount on which you purchasing it from the whole seller, at $1.5 or even below than this at £1.3. People knows that eggs are usually sols at $1.5 but your concept of loss leading will attract them towards your store, and besides purchasing eggs at $1.3, they will also but many other high profit margins products as well.

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