Answer:(5.5
Step-by-step explanation:
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:
89
Step-by-step explanation:
Given that Wendy took 2 tests and scored, 77 and 80 respectively, let x represent the grade of Wendy's third test.
To get an average grade of 82, let's generate an equation to find x (Wendy's grade on her third test).
Average grade = sum of all 3 grades all over 3
Multiply 3 by both sides
Subtract 157 from each side of the equation
Wendy must score 89 on her third test to have an average of 82.
To find the perimeter, you must add all sides of the shape. Hope this Helps!
Answer:
B. The rate of change of item II is greater than the rate of change of them I