An account number is the primary identifier for ownership of an account. The account number 13 tells you that the account is the 13th account in the ledger. You can find your account number on your checks (see below) or in the top right corner of your statement, directly below the date range. Correct answer: A
Answer:
does anyone know this because I'm in need of the answer asap
Answer:a credit to Interest revenue for $200
Explanation:
Interest = Principal x rate x time ( period )
= $10,000 x 6% x 120/360
=$200
Account titles and explanation Debit Credit
Cash $10,200
Note receivable $10,000
Interest revenue $200
Therefore, The journal entry that Teal would make to record payment of this note would include a credit to Interest revenue for $200
Answer: downward communication
Explanation: In simple words, downward communication refers to the communication flow in an organisation under which the message flows from senior level managers to the bottom level employees.
In the given case, Jocelyn received some information about laying off of employees and further passed it to her subordinates.
Hence we can conclude that the given case depicts downward communication.
Answer:
You must deposit $14,824.07
Explanation:
Giving the following information:
Sister:
Investment= $14,000
Interest rate= 10.5%
Number of years= 9
You:
Investment=?
Interest rate= 9.8%
Number of years= 9
First, we need to calculate the future value of your sister:
FV= PV*(1+i)^n
FV= 14,000*(1.105^9)= $34,386.55
Now, we can determine your deposit:
PV= FV/(1+i)^n
PV= 34,386.55/ (1.098^9)= $14,824.07
