Answer:
Debit Notes Payable $45,000; debit Interest Payable $750; debit Interest Expense $750; credit Cash $46,500
Explanation:
The journal entry is given below:
Notes payable $45,000
Interest payable ($45,000 × 10% × 60 ÷ 360) $750
Interest expense ($45,000 × 10% × 60 ÷ 360) $750
To Cash $46,500
(Being payment of notes payable is recorded)
here note payable, interest payable, interest expense is debited as it increased the expenses and decreased the liabilities while on the other hand the cash is credited as it decreased the assets
Answer:
The correct answer is National Service Provider.
Explanation:
The networks of Internet service providers could be considered as a super set of business networks, especially large corporations. The big difference is that a bank has to attend only to the traffic requirements between the networks of its own offices, while an ISP serves hundreds, thousands or millions of different clients, and it is important to guarantee the "tightness" of the various groups , so that they don't see each other directly, and in turn, everyone can access the Internet.
Answer:
<u>Production cost report for the Blending Department for the month of October</u>
Inputs
Units
Opening Work In Process 500
Started 9,000
Total 9,500
Outputs
Units
Completed and Transferred 6,500
Closing Work In Process 3,000
Total 9,500
Explanation:
The concept of equivalent units measures the number of units completed in terms of completion stage of the the inputs.
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