Jasper's entry to record the collection of the note and interest at maturity should be:
Debit Cash Account 44,990
Credit Interest Income $990
Credit Notes Receivable $43,000
The amount collected is:
Cash collected
= $44,000 Amount lend + Interest Income
And
Interest Income
= Amount lend * Interest Percent * For the days / 360
= $44,000 * 9% * 90 / 360
= $990
Now putting the interest income value in the above equation, we have:
Cash collected
= $44,000 Amount lend + $990
= $44,990
So the cash is increase by $44,990 interest income increased is by $990 and the Note receivable is at amount issued which has been decreased by $44,000.
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Complete Question:
HR managers must comply with laws when hiring, promoting, compensating, and firing employees. These laws include:
Group of answer choices
A. Breach of Warranty of Habitability.
B. Free and Appropriate Public Education Act.
C. Americans with Disabilities Act.
Answer:
C. Americans with Disabilities Act.
Explanation:
Human resources (HR) managers must comply with laws when hiring, promoting, compensating, and firing employees. These laws include Americans with Disabilities Act.
The Americans with Disabilities Act is an employment and civil rights law passed by the U.S Congress and signed into law by President George H. W. Bush on the 26th of July, 1990.
The main purpose of the Americans with Disabilities Act is to prohibit the discrimination and stigmatization of people having any form of disability in several fields such as employment, public accommodations, communications, transportation and access to all national programs and services across the United States of America.
<em>With respect to employment and human resources (HR) managers, it protects the rights of job seekers and employees working in an organization. </em>
Answer:
c. insider training.
Explanation:
Insider training -
It refers to the practice , where the people buys or sells the stock of some publicly traded company , by the someone who does not have public or material information about the stock , is referred to as insider training .
It is a illegal method used in the share market .
Hence, from the given scenario of the question,
The correct option is insider training .
Answer:
$552,800
Explanation:
The computation of the total period costing under variable costing is shown below:
As we know that
Period Cost = Total Variable Selling and Administrative Cost + Fixed Manufacturing Overhead + Fixed Selling and Administrative Cost
where,
Total Variable Selling and Administrative Cost is
= Variable Selling and Administrative per unit × Unit Sold
= $9 × 8,800
= $79,200
The fixed manufacturing overhead is $297,600
And, the fixed selling and admin cost is $176,000
So, the total period cost is
= $79,200 + $297,600 + $176,000
= $552,800