Answer:
total cash pay is $200850
Explanation:
given data
Bakery signed P = $195000
rate R = 6 %
time T = 6 month
to find out
cash amount will be needed to pay back with interest
solution
we find first interest for 6 month that is 6/12 year
so interest = P×R×T
interest = 195000×0.06×6/12
interest = $5850
so total amount pay = Principal + Interest
total amount pay =195000 + 5850
total cash pay = $200850
Answer: Correct answer is D. Overselling
Explanation:
It’ll be annoying. People just want to hear about the product and what it does.
9 yards is 324 inches so they are equal.
Answer:
On August 2, balance in the Paid-in Capital, Treasury Stock account is $85
Explanation:
Please see my explanation in attachment
Answer:
Dr Cash 150
Cr Interest revenue 150
Explanation:
Preparation of the necessary journal entry
Based on the information given we were told that the company's bank reconciliation at the month of June 30 included interest earned in the amount of $150 which means that the necessary journal entry will be to Debit Cash with 150 and Credit interest revenue with 150
Dr Cash 150
Cr Interest revenue 150
