Answer:
The correct answer here is option D.
Explanation:
Investment banks are special kind of financial institutions or intermediaries who are concerned with raising capital for other companies.
They also perform advisory based transaction services on the behalf of corporations, individuals and government.
In performing these functions, they often are found guilty of pressurizing analysts to produce favorable research for their clients, attempts to alter research of client's firm and permitting executives of client's firm to do so. They also get involved in prohibiting analysts from making any negative or controversial comments about client they are serving.
They do all these to maintain credit worthiness of their client firm, so that the client is able to procure capital.
Answer:
<u>Record the issuance of note.
</u>
November 1, 2021
Dr. Cash 46000
Cr. Note Payable 46000
<u>Record the adjustment for interest.</u>
December 31, 2021
Dr. Interest Expense 460
Cr. Interest Payable 460
(46000*6%)*3/12 = 460
<u>Record the repayment of the note at maturity</u>
Dr. Note Payable 46000
Dr. Interest Payable 460
Dr. Interest Expense 230
Cr. Cash 46,690
(46000*6%)*1/12 = 230
Explanation:
* At the year end the interest expense is accrued and recorded as interest payable.
The objects that fulfill the needs and wants of consumers are products.
<span>Scientific management has evidently made business operations and efficiencies far more successful in their strategies and processes, due to the ability to quantify specific data sets and analyze this information to understand how best to implement a more effective and growing strategy.</span>
