Answer: PLease see answer below
Explanation:
Date Account title and explanation Debit Credit
Dec 31 Interest receivable $168
2021 Interest revenue $168
Calculation
Interest =Principal x time x rate
= 7,200 x 8% x 3.5 /12(15th september to 31st December)
=$168
Answer:
D
Explanation:
Sales mix is a ratio of products sold. In this case, sales by golf ball type as a percentage of total sales is the sales mix as it shows the ratio of product sold.
Answer:
19 years
Explanation:
the 19th year your money will triple and be worth 3.0256 times the original sum.
The condition when a payment cap is applied and the required payment does not cover the interest expense, the unpaid interest is added to the loan thereby increasing the loan balance even though the required payment is being made, is known as a negative amortization.
<h3>
What is negative amortization?</h3>
A condition where the amount owed by an individual keeps adding even after the repayments are done is known as negative amortization.
Such condition of a negative amortization arises as the amount being repaid does not fully or partly cover the interest amount.
Hence, the significance of negative amortization is aforementioned.
Learn more about negative amortization here:
brainly.com/question/22232264
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Hi,
I believe that the answer to your question is "A nonmonetary incentive or "Case observation"
Just a guess :)
