Answer:
B. a debit to Interest Expense for $ 42 comma 750.
C. a credit to Cash of $ 137 comma 750.
Explanation:
Payment of Note Payable includes the payment of interest on the outstanding balance and principal amount of the note. In this question it is the first payment of the note payable, so the outstanding balance is the face value of the note, Interest is calculated using this value, A fix payment of $95,000 is also made.
As per given data
Principal Payment = $95,000
First Interest payment = $475,000 x 9% = $42,750
Total Payment = $95,000 + $42,750 = $137,750
Journal Entry for first payment
Dr. Interest Expense $42,750
Dr. Not Payable $95,000
Cr. Cash $137,750
Its called Commensalism – symbiotic
I think Campbell should face the competition by just focusing only on their business. They should focus on how to provide a better quality soup business to their customers. They should make their customers feel very satisfied and happy. They should face the competitors by providing the customers good quality soup and also at a less price than that of the competitors.
This will help in attracting many customers and the customers will feel very happy coming to such a business where they get these benefits.
Thus, the best way to face any competition is to make yourself better enough in comparison to other competitors so that the soup business doesn't have to do anything to attract customers. Customers should come by their own willingness.
This will surely help Campbell to remain at the top of the business and earn more and more and achieve its goals and objectives.
Learn more about the soup business at
brainly.com/question/17130040
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Answer:
false. it deals with ecomonics as a whole. it's in the name dude
