It should be reported as a restricted cash in the long-term section of the company balance sheet.
<h3>What is note payable?</h3>
Note payable can be defined a the money a company or an organization owes or the money they are expected to payback..
Note payable is classified as long term liabilities. Hence, the cash amount of $100,000 should be reported or recorded in the balance sheet as a restricted cash.
Therefore the $100,000 is reported as a restricted cash.
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Start by distributing -8 to (8-3n) and -5 to (n+1). The equation becomes:
-64+24n-5n-5=4n-1-8
Next, you can simplify both sides of the equation. It will look like:
-69-19n=4n-9
Next, add 19n to both sides so you isolate the variable on one side of the equation. You will get:
-69=23n-9
Now, you can proceed to solve this like any other two-step equation. Add 9 to both sides:
-78=23n
Divide both sides by 23:
-3.3913=n
Hope this helps!
Let x = cost of bill prior to tip
So, we know that before a tip was paid that the cost of the meal was $46.25. If there were three people at the dinner and we are trying to find the average spent <em>prior</em> to the tip, we can just divide.
Let a = average each person spent
On average, prior to the bill, each person paid approximately $15.42.
Answer:
conversion factor
Step-by-step explanation:
A conversion factor is a number used to change one set of units to another, by multiplying or dividing. When a conversion is necessary, the appropriate conversion factor to an equal value must be used. For example, to convert inches to feet, the appropriate conversion value is 12 inches equal 1 foot.
Answer:
The sum is Rs 1,250 and Rs 650
Step-by-step explanation:
Let the amounts be represented as $x and $y
The sum of both is 1900
Thus;
x + y = 1,900 •••••(i)
Mathematically, the interest on the amount borrowed is;
I = PRT/100
where p is the principal, representing the amount borrowed
R is the rate
T is the time
for the first amount of $x ; we have interest as;
I = (x * 5 * 4)/100 = 20x/100
for the second, we have
I = (y * 9 * 4)/100 = 36y/100
The sum of both is 580
Thus;
20x/100 + 36y/100 = 580
20x + 36y = 58000 •••••(ii)
From equation i;
x = 1,900 - y
Substitute this into equation ii
We have this as;
20(1900-y) + 36y = 58,000
38000 - 20y + 36y = 58,000
16y = 58000 - 38000
16y = 20,000
y = 20,000/16
y = 1250
From equation 1;
x + y = 1900
x = 1900-y
x = 1900-1250
y = 650