Answer:c. Debit Interest Receivable, $4,000; credit Interest Revenue, $4,000.
Explanation:
The interest payable = Principal x Rate x Time (period)
= $100,000 x 12% x 4/12 ( September to December)
$100,000 x 0.12 x 1/3
$100,000 x 0.04
=$4000
Journal entry to record accrued interest at Year end for loan issued on sept 1st.
Date Account titles Debit Credit
Dec 31st Interest Receivable $4000
Interest Revenue $4000
Answer:
Interest is the monetary charge for borrowing money—generally expressed as a percentage, such as an annual percentage rate (APR). Key factors affecting interest rates include inflation rate, length of time the money is borrowed, liquidity, and risk of default. Interest can also express ownership in a company.
I found that on internet XD
A child who is at the age of between 8 and 12 are suggested to be in a booster seat to secure and protect them from any accidents that could occur. This will secure them to their seats and it suitable for their height and age. That is why the 8 year old who is at least 4 feet tall is expected to seat on a booster seat for his security and safety.
Answer:
D. It has broadened the marketing efforts to include a wider customer base which could improve sales.
Explanation:
The most suitable alternative for this issue is the letter D, Broadened marketing efforts to include a larger customer base, which could improve sales.
This is because when developing an advertising campaign focused on raising awareness of diversity, the company reaches new customers through inclusion and representativeness, especially when it comes to the black public, which is still often overlooked by advertising campaigns.
It is also important to emphasize the importance of an organization presenting a multicultural base of employees, because through it and the employees' personal experience it was possible to identify problems that helped the company to achieve such benefits.
Answer:
The correct answer is letter "B": The customer is likely to reject delivery of the asset.
Explanation:
In the corporate world, contract performance obligations are those established by two parties one to manufacture or render and deliver goods or services and the other to receive them. That contract can be signed in front of sales, resales, granting rights or constructing or developing an asset.
<em>Facts such as the right to payment for the goods, the client's risk of ownership of the title and the goods themselves can determine if the performance obligations are met or not but the possibility that represents the customer could reject the delivery of the product will not.</em>
