Interest Expense
The cost of borrowing money is referred to as interest expenditure. Interest expenditure in the income statement might represent the cost of borrowing money from banks, bond investors, and other sources.
Main Content
$50
A note payable is a type of financial instrument. In this case, the note payable is due in three months. So, after one month, we will record the following interest on the note payable:
15000*4%*(3/12) = 150
For 1 month = 150/3 = 50
The note payable was sold on December 1, and we must calculate its interest on December 31, which is one month later. As a result, we will divide total interest 150 by 3. This will provide us with one month's interest.
To learn more about Interest Expense
brainly.com/question/10339173
#SPJ4
Answer and Explanation:
1) EHR System which helps in capturing the functionalities and and check for required informations
2) Online Tool for notifying the doctor about the status pf the patient
3) Interactive health records
4) Computerized physician entry of orders (CPOE)
Benefits of centralized system are as follows:
1) IT gives a lower hardware expense
2) Improves the productivity of the IT Staff
3) Enhances the purchasing power
4) Meets the industry regulations
5) Information flow is properly maintained.
The cost of the system would be with respect to the tools to be used and the broadness of the network.
You expect to find and increase knowledge of what really fits for you to do for the rest of your career life.
Answer:
The demand and the supply of loanable funds both remained the same.
Explanation:
If the interest rates rise, but both demand and supply of loanable funds remanin constant, this means that demand and supply remained the same.
This would be a problem in the real world, because when interest rates rise, what should happen is that the supply of funds rise, while demand falls, because a rise in interest rates makes investment more expensive since interset rates are simply the price of the loanable funds.
Exactly, when someone buys an insurance policy that person is making sure that whatever happens to him/her, there is the policy to compensate for something that will be lost. He/she is transferring the risk away and pass it on to the insurance company for safekeeping.
