Answer:
Debit to interest expense for $4, 400
Explanation:
The journal entry is shown below:
Interest expense A/c Dr $4,400
Notes payable A/c Dr $10,808
To Cash A/c $15,208
(Being the due payment is recorded)
For due payment, we debited the interest expense and the notes payable account and credited the cash account as cash is paid for the first annual payment due on the note
Answer:
a) 1. Acquired cash by issuing common stock ⇒ Asset Source
2. Paid a cash dividend to the stockholders ⇒ Asset Use
3. Paid cash for operating expenses ⇒ Asset Use
4. Borrowed cash from a bank ⇒ Asset Source
5. Provided services and collected cash ⇒ Asset Source
6. Purchased land with cash ⇒ Asset Exchange
7. Determined that the market value of the land is higher than the historical cost ⇒ Not applicable
b) I used an excel spreadsheet because there is not enough room here.
Answer:
total expenditures equal total production.
Explanation:
In the case when the economy is in the short-run equilibrium that means the total expenditures should be equivalent to the total production. In other words, we can say that the expenditure that can be incurred should be equal to the production
Hence, the last option is correct
Answer: Decider
Explanation:
Janice functions as a decider her family, where she decides the kind of cereal her children would consume. A decider is simply a person in charge of making decisions on an issue.
After being recently promoted as a project manager for a new project with a new team, Suzanna must develop trust and establish the work rules by the way of interacting personally with her new team members.
<h3>Who is a project manager?</h3>
A person who is engaged or involved in planning, allocating and finishing a project for an organization, which is a part of the organizational goals, such a person is known as a project manager.
Hence, the significance of a project manager is aforementioned.
Learn more about a project manager here:
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