Answer:
make an adjusting entry to debit Interest Receivable and to credit Interest Revenue for the amount of interest accrued since the last interest receipt date.
Explanation:
Adjusting entries are used at the end of an accounting period to assign income and expenses that has accrued.
In this instance when the interest reciept day comes after accounting period we need to recognise the amount of interest earned so far.
The amount accrued since last interest payment date is calculated.
This amount has been earned so it should be recognised as revenue. To do this we debit interest receivable and credit interest revenue.
Answer: $32000
Explanation:
It should be noted that ministers or clergymen can exclude the home rental value or housing cost from the calculation of the gross income
Rev. Snider's self-employment income
Therefore, in this case, Rev. Snider's self-employment income will be:
Salary = $20,000
Add: Housing allowance = $12000
Total = $32000
Answer:
c. she is personally motivated to devote time and energy to the information.
Explanation:
central route is when you actively think about and weight information against what you already know; considering arguments carefully.
Nancy will be more likely to process this information through the central route if she is personally motivated to devote time and energy to the information.
The reserve requirement when the federal reserve banks sell $40 million in government securities to commercial banks is $8 million.
<h3>How to calculate the reserve requirement?</h3>
From the information given, the the federal reserve banks sell $40 million in government securities to commercial banks and the reserve ratio is 20 percent.
Therefore, the reserve requirement will be:
= 20% × $40 million
= $8 million.
Learn more about reserve requirements on:
brainly.com/question/25812353
#SPJ1
Answer: d) both B and C
Explanation: Nash equilibrium is a concept within game theory where the optimal outcome of a game is where there is no incentive to deviate from their initial strategy.
Because if Sarah hit Tom, they will both experience a loss of 10 points
Also, not telling gets Tom a loss of 5 but Sarah will gain 5.
This will keep both of them in a nash equilibrium.
