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tensa zangetsu [6.8K]
4 years ago
10

Can someone help??????

Business
1 answer:
Rudiy274 years ago
3 0
I think it's D but I can't say I'm 100% sure..
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Flamingo Company borrows $30,000 using a five-year, long-term installment note payable. The rate on the note is 5 percent and Fl
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Answer:

Interest expense = 30,000*5%*1/12

Interest expense = 30,000*0.00416666667

Interest expense = $125.0000001

The journal entry will be:

Description                  Debit        Credit

Interest expense          $125  

Notes payable             $441.14  

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3 years ago
How do u explain evil deeds done by otherwise!
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3 years ago
M. Abadie and S. Collier combine their individual sole proprietorships to start the Abadie - Collier partnership. M. Abadie and
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3 years ago
When you download and print the NCAA Basketball Tournament bracket (a paper to pick who you think will win the NCAA Men's Basket
OverLord2011 [107]

Answer:

The correct answer is b. a unilateral contract

Explanation:

In a unilateral contract, only one of the parties generates the obligation to provide a service. In this case KFC forces itself to offer a discount as a result of printing a document to find out people's opinion about the main favorite of the Yahoo tournament. With this, KFC seeks to encourage people to submit their votes and to know the individual appreciations of the particular event.

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4 years ago
Ray is a shareholder of Small Biz Company (SBC). When the directors fail to undertake an action to redress a wrong suffered by S
julsineya [31]

Ray is a shareholder of a small company. When the director falls to undertake an action it falls under derivative suit.

Explanation:

  • Derivative suit is referred to as a law suit that is brought by the shareholder in behalf of the company against the third party.
  • If in a company the employees, the directors as well as the officers are not ready to file a complain against the third party then the shareholder has the right to file a complaint against the third party.
  • Derivative suit is normally filed by the shareholder when there is a mismanagement in the company. To stop the illegal work this action is being taken.  
4 0
3 years ago
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