Corporations get cheap, and resell for more to earn a profit, Non profit organizations usually buy and resell for what they paid for or even less, sometimes free, for example some Bible publishers. Their intent is to make something available for everyone <span>to further a particular </span><span>social cause</span>
Answer:
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The degree of intimacy in a relationship depends on the depth and breadth of the information shared together to the psychologist Altman and Taylor, they developed the Social Penetration Theory wherein it explains the differences of communication of relationships. The various aspects of person's life are referred to breadth while the depth is the details regarding these areas.
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>
