405,000
HOPE THIS HELPS!!!!!!! ;-)
Answer:c. Debit Interest Receivable, $4,000; credit Interest Revenue, $4,000.
Explanation:
The interest payable = Principal x Rate x Time (period)
= $100,000 x 12% x 4/12 ( September to December)
$100,000 x 0.12 x 1/3
$100,000 x 0.04
=$4000
Journal entry to record accrued interest at Year end for loan issued on sept 1st.
Date Account titles Debit Credit
Dec 31st Interest Receivable $4000
Interest Revenue $4000
False. Aptitudes are natural, skills can be learned. Hope it helps!
The given problem above is an example of a quick-fire puzzle. In this scenario, the man becomes a millionaire after buying several loaves of bread at $1 a loaf and sells them at 25 cents each, because the man started off as a billionaire, who decided who help the poor. Hope this answers your question.
<u>Answer:</u>
<u>Explain forecasting</u>
<u>Explanation:</u>
This implies that I will have to let the other person know that it possible to judge how successful a project would be by doing what is called forecasting.
Forecasting allows one to project to a <em>reasonable extent</em> what the success level of a project would be, especially in terms of it's revenue, overall expenses before the project is carried out. A good forecasting tool is Forecast web application which provides future estimates of budget and task duration.
