D. Platt Hardware Store Trial Balance As of May 31, 20
Answer:
1.Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2.Interest expense 28,800
Principal Reduction 61,364
Explanation:
MM Co.
1 . Journal entry
Since MM Co. borrows $360,000 cash on January 1 from a bank this means we have to
Debit Cash with the amounts of money he borrowed which is $360,000 and Credit Notes Payable with the same amount.
Jan 01 Dr Cash 360,000
Cr Notes payable 340,000
2. Calculation of the amount goes toward interest expense and Principal reduction
Interest expense 28,800
(360,000*8%)
Principal Reduction 61,364
(90,164-28,800)
<span>Personal consumption expenditures.Investment.Net exports.Government expenditure.</span>
Answer:
Explanation:more expensive/increases/less expensive/decreases
Answer:
Creative originator.
Explanation:
Tim is neither a project manager, because his web page was a personal project, and no other people were involved under his command, and his is not a godfather either.
He would be an entrepreneur if he had sold his web pages.
For the reasons above he is a creative originator: he essentially gave birth to a new work activity.