Answer:
Debit interest expenses for $15,000
Credit interest payable for $15,000
Explanation:
Since January 1 to June 30 is 6 months, we need to calculate interest expenses for the 6 months as follows:
Monthly interest expenses = ($500,000 * 6%) / 12 = $2,500
Interest expenses for 6 months = $2,500 * 6 = $15,000
The adjusting entry required will therefore look as follws:
<u>Date Particulars Dr ($) Cr ($) </u>
June 30 Interest expenses 15,000
Interest payable 15,000
<u> (</u><em><u>To record 6 months interest payable on note.) </u></em><u> </u>
The unemployment rate is calculated by dividing the overall labor force's size by the number of jobless people, then multiplying the result by 100.
In light of the incomplete facts, the answer is: it is unknown.
<h3>How is the size of the labor force determined?</h3>
An estimation of the size of the labor force in an economy is the labor force participation rate. The calculation is the proportion of the working-age non-institutionalized population, aged 16 and older, who are employed or actively looking for work.
<h3>How are the numbers for those not working determined?</h3>
Divide the total civilian noninstitutional population by the number of people who are employed or actively seeking employment to find the formula for the labor force participation rate.
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The direct strategy should be used to communicate negative news when the reader or individual that is associated to the speaker or the writer is not likely to produce or engage to having an emotional response of which may prevent sensitive reaction.
