Answer:
The Parry Glitter Company
The Parry Glitter Company should record the Notes Receivable as $300,000.
It should also record the interest receivable per year as $24,000 and the advertising cost as $24,000 per year. These bring into the accounting records the interest revenue and also the advertising expense, which eventually cancel each other.
Step-by-step explanation:
a) Data and Calculations:
Notes Receivable = $300,000
If the notes receivable are repaid at the end of 3 years and it is assumed that the interest on the notes receivable = 8%
Therefore, the cost of the free advertising will be equal to $24,000 ($300,000 * 8%), which is the cost of the interest to the radio station.
Answer:
5000+300+60+0
Step-by-step explanation:
Answer:
45
Step-by-step explanation:
6/2 = 3
42+3 = 45
Considering you're getting paid $20 per lawn you could be making $200 but it all depends how much you charge per lawn.
Answer:
×=7, pq=27, qr=20.
Step-by-step explanation:
(4x-1)+(3x-1)=47 therefore 7x-2=47 or 7x=49 and x=7, pq=4x-1=27, qr=3x-1=20.
