Answer:
debit interest expense of $16,634 , debit note payable $24,126 : Credit cash $40,760
Explanation:
Please attachment.
She can try reading stories, correct her mistakes on her own and then check to see how she has done, she can study Riggs too.
Answer:
Assets increase by $2200: liabilities increase by $2200
Explanation:
The accounting equation is expressed as below.
Assets = Owners Equity + Liabilities.
Making purchases on account means buying on credit. Purchasing Supplies on credit will increases the debts( liabilities) of the company by $2200.
Supplies will belong to the business; hence assets will increase by $2200
Answer:
Reduction in interest rate in borrowing will help in solving unemployment because once a loan interest is reduced, people goes straight to get some loans to start private businesses without relying to be employed by other companies rather they become euntreprenuers and manufacturers on their own. They drive on their passion and also will create job opportunities for more unemployed ones.
The answer is
" it does not fall <span>
outside an acceptable range of variation".</span>
We can define control process as the process
which includes wisely collecting information about a system, process, person,
or group of people for making essential decisions about each, the steps of this
process are:
Establishing standards to measure performance
Measuring actual performance
Comparing performance with the standards
<span>Taking corrective actions</span>