Answer:
A. Dr Cash $100,000
Cr Notes Payable $100,000
B. Dr Interest expense $1,500
Cr Interest Payable $1,500
Explanation:
a Preparation of the entry on April 1 when the note was issued.
Dr Cash $100,000
Cr Notes Payable $100,000
(To record note issued)
B. Preparation of any adjusting entries necessary on June 30 in order to prepare the semiannual financial statements
Dr Interest expense $1,500
Cr Interest Payable $1,500
($100,000 x .06 x 3/12)
propertyIsEnumerable() The propertyIsEnumerable() method returns a Boolean telling if the specific property is enumerable and is the object's own property.
Enumerable properties are those with an internal enumerable flag set to true, which is the default for properties created through simple assignment or a property initializer. Object-defined properties, such as defineProperty, are not enumerable by default.
We must use the Object. defineProperty() method to create a non-enumerable property. This is a special method for creating objects with non-enumerable properties.
Learn more on enumerable-
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Answer:
.E. None of these.
Explanation:
Corporate strategy consists of the kinds of initiatives the company uses to establish business positions in different industries. All the descripted item are related to this.
Answer: either overstate current assets or understate current liabilities
Explanation:
The Current ratio is calculated by dividing Current Assets by Current Liabilities. This means that when a company has either higher current assets or lower current liabilities, the Current ratio will be higher.
In this case therefore, if management wants to ensure that a current ratio is maintained and does not fall, they might either overstate current assets or understate current liabilities so that the Current ratio is high enough to remain above a certain level.
