Answer:interest revenue the company recognize during 2021 is $100
Explanation:
Interest for 2021 = Principal x Rate x Time
= $20,000 X 6% x 1/ 12 ( From 1st t0 31st December is 1 Month)
=$100
Journal to record accrued interest by Davenport Company
Date Accounts Titles Debit Credit
Dec 31st, 2021 Interest Receivable $100
Interest Revenue $100
Therefore, the interest revenue the company will recognize during 2021 is $100.
<span>To hospital staff, the answer to the question about "heroic measures" tells them what the patient and/or the next of kin will accept as 'standard of care' in the treatment of that patient in the event of a life-threatening state. Most facilities will break it down further to 1. no heroic measures to be taken at all,, 2 hydration and pain relief only, 3 hydration, feeding, and pain relief. and 4. all possible measures taken. In the parlance of today's world, this document may be called an End of Life Directive, Living Will, Do Not Resusitate Order, or Medical Power of Attorney. It all boils down to this-how much effort will be required from the facility by the patient or family to avoid liability for the death of the patient?</span>
Answer:
Amount of Cash paid is $2,415.3
Explanation:
Credit terms of 3/10, n/30 means there is a discount of 3% is available on payment of due amount within discount period of 10 days after purchase with net credit period of 30 days.
Purchase = $2,800
Amount Due = $2,800 - $310 = $2,490
As payment is made within discount period, so the discount will be availed.
Discount = $2,490 x 3% = $74.7
Payment = $2,490 - $74.7 = $2,415.3
Payment = $7,500 - $150 = $7,350
South Africa will ensure that the rest of the African continent is advantaged by its BRICS membership and continues to benefit from the BRICS countries in the priority areas identified by the AU such as energy, information and communications technology, rail and road infrastructure, agriculture and food security.
Answer:
$40,000
Explanation:
Straight line ammortization expense each year = (Cost of the asset - Salvage value) / useful life
$50,000 / 5 = $10,000
Carrying value = Cost of asset - amortization expense = $50,000 - $10,000 = $40,000
I hope my answer helps you
