Answer:
<u>Record the issuance of note.
</u>
November 1, 2021
Dr. Cash 46000
Cr. Note Payable 46000
<u>Record the adjustment for interest.</u>
December 31, 2021
Dr. Interest Expense 460
Cr. Interest Payable 460
(46000*6%)*3/12 = 460
<u>Record the repayment of the note at maturity</u>
Dr. Note Payable 46000
Dr. Interest Payable 460
Dr. Interest Expense 230
Cr. Cash 46,690
(46000*6%)*1/12 = 230
Explanation:
* At the year end the interest expense is accrued and recorded as interest payable.
Answer:
False
Explanation:
The statement is false, as a decrease in the overall interest rate increases the overall worth of a bond which pays fixed interest rate payments. The public will demand more bonds with fixed interest rate payments, and the demand for bonds with flexible interest payments will decrease likewise. This is the main reason why the face value of bonds with fixed interest rate payments is usually higher than flexible bonds because they are less risky.
Answer:
$ 158,000
Explanation:
$
35,000 Beggining Balance (BB
) +
145,000 Purchases (P) +
<u> -158,000</u> <u>Consumption</u> (C
) -
22,000 Ending balance (EB
) =
Formulas:
EB= BB + P - C
C= BB + P - EB
<u><em>Material used ( Consumption )</em></u><em> </em><em>=</em><em> Material in Stock </em><em>+ </em><em> Material purchased in the period </em><em>- </em><em> Material remaining at the end of period</em>
A $5,000 decrease to the comparable selling price is the answer.
If the adjustment for the third bedroom is 5000, then the adjustment should be done by subtracting 5000 from the similar selling price, and the price to compare will be a better price.
In the case of a sales appraisal model, It is constantly attempted to increase or reduce the similar selling price, and therefore will be attempted to decrease the comparable selling price by $5000.
Land valuation, property valuation, or real estate appraisal refers to the process of determining the market worth of a home or real estate.
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Answer:
Colonialism ⇒ the control of an overseas colony by a foreign power
Imperialism ⇒ a policy extending political, economic, or military rule over a foreign nation
Supranational ⇒ membership in a group or organization that goes beyond national boundaries
Explanation:
Colonialism and imperialism are very similar and usually are used as synonyms, but their actual definition varies a little:
Colonialism refers to physically controlling another country while imperialism refers to political and/or economic control. For example, the Soviet Union had an imperialistic control (mostly economic) over eastern European countries, but it didn't rule over them directly. On the other hand, the British Empire controls and rules over its colonies (although it has shrunk, it still exists).
