Answer with its Explanation:
Step 1:
First of all record a loan of $3 million loan:
Dr Bank $3,000,000
Cr Loan $3,000,000
Step 2:
Finance charge will be 3% on this loan amount:
Dr Finance Charge $3million *3% = $90,000
Cr Bank $90,000
Step 3:
The interest on the note is 7% which is $70,000. So the journal entry would be:
Dr Interest Expense $70,000
Cr Interest payable $70,0000
Answer by JKismyhusbandbae: They get paid due to the amount of houses they sell and how big and worth the house is. Although real estate agents make money through commissions paid directly to brokers when transactions are settled.
Answer:
1. Mutual exclusivity
Explanation:
This researcher did not address the aspect of mutual exclusivity well enough as evidenced in options c and d in the coding above.
This is because option d says full time students. Option d is not mutually exclusive as a student can be a full time student and work part-time, and one can be a full time student and also be unemployed or employed full time
Answer:
d.
- Equipment $ 615,000
- Accumulated Depreciation $110,000
- Equipment $465,000
- Cash $40,000
Explanation:
IMPORTANT NOTE: The data of the calculation was obtained from an online research because you didn't post the complete exercise and questions.