Nitrogen is very crucial for life because it is one of the important ingredient that is needed for plants to grow. Human and animals who eat plants materials obtain nitrogen from the plant. Nitrogen is needed in the humans and animals bodies for formation of proteins and nucleic acid which are very essential for life. When animals and humans die the nitrogen in their bodies return to the earth again and is used by plants.
Answer:
<u>Option:(C)</u>, is the best choice to choose from the given options. We have the following explanation to it, as below;
Explanation:
- <u>Most demand is artificial:</u>
As the advertisement of the holiday toy exist among the public and the super bowls advertisements give it more value in order for the public to know more about the product presence and value of the product inside the market.
<em>As the products demand is much higher the supply price, which will eventually increase the rate and price of the product.</em>
Answer: See explanation
Explanation:
a. The Journal entries to record the issuance of the note will be:
Debit Accounts payable $10000
Credit Notes payable $10000
(To record the issuance of note to creditor)
b. The journal entry to record thehe payment of the note at maturity, including interest will be:
Debit Notes payable $10000
Debit Interest expense $125
Credit Cash $10000 + $125 = $10125
(To record the payment on the note on maturity.
Note:
Interest expense = $10000 × 5% × 90/360
= $10000 × 0.05 × 0.25
= $125
