Answer:
The required adjusting entry would be to debit the Interest expense account and credit the Interest payable account
Explanation:
Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made.
The company borrowed $10,000 from the bank at 5% interest. The loan has been outstanding for 45 days. At the end of a period, if required adjusting entry, the adjusting entry:
Debit Interest expense and Credit Interest Payable
Answer:
A) no, because the rate of return on the project is less than the desired rate of return used to calculate the present value of the future cash flows
Explanation:
The NPV is calculated by subtracting the initial investment from the Present value of the project's future cashflows;
NPV = 163,000 - 180,000
NPV = -17,000 , this eliminates choice B
NPV and IRR rule always agree on the decision to accept or reject a project so long as the pattern of cashflows is the same.
Since, the NPV is negative, this project will be rejected. For IRR rule to agree with this, the internal rate of return will also be less than the discount rate used to calculate the present value of future cashflows, making choice A correct.
Answer:
No, because the sample of 30 students is not representative and does not represent the entire student community
Explanation:
When you want to conduct an efficient investigation, the quality of the statistical sample is very important. To obtain a representative sample of quality to fulfill a series of characteristics, among which is: That it has sufficient size, to fulfill this, the sample must be large enough so that in the investigation it can be considered representative, and in the exercise , only 30 students is very small compared to the student universe.
Identification
Incorporation document
Memorandum of Incorporation
