Answer:
Journalize the following transactions for the Scott company:
Nov 4. Received a $6,500, 90-day, 6% Note from Michael Tim's in payment of his account.
Dr Notes receivable 6,500
Cr Accounts receivable 6,500
Dec 31. Accrued interest on the Tim's note.
Dr Interest receivable ($6,500 x 6% x 57/365) = 60.90
Cr Interest revenue 60.90
Feb 2. Received the amount due from Tim's on his note.
Dr Cash 6,596.16
Cr Notes receivable 6,500
Cr Interest receivable 60.90
Cr Interest revenue 35.26
I did all my calculation based on a 365 day calendar year. Generally banks calculate interest on a 360 day calendar year.
Answer:
c) As the wage rises, most workers are willing to work more hours.
Explanation:
Option “C” is correct because there is a direct relationship between the wage rate and the labor hours. If the wages increase then more people or labor are willing to work for more hours. If the wage falls then this fall in wage results in the fall in labor hours because more people will be less willing to work at a lower wage rate. Therefore this direct relationship between the wage rate and the number of labor results in an upward-sloping labor supply curve.
Answer:
what are the options as answers?
Explanation:
Answer:
Motion.
Explanation:
Motion can be defined as a change in location with respect to a reference point.
This ultimately implies that, motion would occur as a result of a change in location (position) of an object with respect to a reference point or frame of reference i.e where it was standing before the effect of an external force.
Mathematically, the motion of an object is described in terms of acceleration, time, distance, speed, velocity, displacement etc.
Answer:
5750
Explanation:
from what I'm gathering, the retained earnings is what they have (1000), the INCOME is (5000) so 1000+5000=6000 but a dividend is a "negative" aspect so 6000-250=5750