Answer:
1. Debit Interest Expense $7,000; debit Notes Payable $7,238; credit Cash $14,238.
Explanation:
The journal entry is shown below:
Note payable A/c Dr $7,238
Interest expense A/c Dr $7,000
To Cash A/c $14,238
(Being the first payment on the note is recorded)
The computation of the interest expense is shown below:
= Borrowed amount × rate of interest
= $100,000 × 7%
= $7,000
And, the remaining balance left is reported in the note payable account
Answer: $406,000
Explanation:
The following can be deduced from the question:
Total sales = $1,000,000
Variable cost = $300,000
Contribution = Sales - Variable cost
= $1,000,000 - $300,000
= $700,000
Contribution ratio = $7000,00/$1,000,000 × 100 = 70%
Fixed cost = $580,000 × 70%
= $580,000 × 0.7
= $406,000
According to the construction management principle, in each diary kept by the owner/engineer's or contractor's personnel, entries should be made "<u>to document every working day, whether any work is performed or not, or even if you did not go to the project site that day."</u>
<h3>Purpose of Site Diary in Construction Management</h3>
A Site Diary in Construction management is a record book written to document the daily activity of the construction site.
A well-written site dairy is expected to show all the delivered or missing services and materials during the construction projects.
Hence, in this case, it is concluded that the correct answer is option A.
Learn more about Site Diary here: brainly.com/question/1171958
Answer:
Only the Federal Reserve -- America's independent central bank -- can instruct the Bureau of Engraving and the U.S. Mint to print more money. Typically, the Fed makes one phone call a year to the Bureau of Engraving with a request for more money to be printed.
Explanation:
Answer:
perceived organizational support
Explanation:
Since in the question it is mentioned that the wife is diagnosed with the cancer and so her husband want to time off from his work and take care for her children also at the same time he was late for finishing the portion of the large project due to this he feared a lot. So the major attitude in this situation is to have perceive the organization support as the organization should understand his family situation and allow him the time to complete the project
or should allot to someone as the case may be