1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
g100num [7]
3 years ago
10

The following selected transactions were completed by Interlocking Devices Co., a supplier of zippers for clothing: 20Y7 Dec. 7.

Received from Unitarian Clothing and Bags Co., on account, a $78,000, 60-day, 8% note dated December 7. Dec. 31. Recorded an adjusting entry for accrued interest on the note of December 7. Dec. 31. Recorded the closing entry for interest revenue. 20Y8 Feb. 5. Received payment of note and interest from Unitarian Clothing Journalize the entries to record the transactions.

Business
1 answer:
Gnesinka [82]3 years ago
3 0

Answer:

The diagram is well defined showing all the parameters required.

Best Regards.

You might be interested in
Baker is single and earned $226,400 of salary as an employee in 2019. How much should his employer have withheld from his payche
Papessa [141]

Answer:

$ 11,481

Explanation:

8 0
4 years ago
Is there a difference in the average donation given in Presbyterian vs Catholic church on Sundays? The 41 randomly selected memb
Ugo [173]

Answer:

Since the p>0.05,we do not reject H0 .There is insufficient evidence to conclude that there is a difference in the average donation given in Presbyterian vs Catholic church on Sundays.

Explanation:

Since the p>0.05,we do not reject H0 .There is insufficient evidence to conclude that there is a difference in the average donation given in Presbyterian vs Catholic church on Sundays.

Please see calculation attached .

8 0
4 years ago
Economists agree that ________________ inflation reduces real output.
Romashka [77]
Answer:  "cost-push" .
__________________________________
7 0
3 years ago
What is the effect of an accrued expense (such as salaries expense) adjustment on the income statement and the balance sheet?
CaHeK987 [17]

Answer: A. Expenses are increased

B. Net income is reduced

E. A liability (such as salaries payable) will be increased.

Explanation:

An accrued expense is an expense that is witten when it was incurred even before it's eventually paid. e.g wages payable.

The effect of an accrued expense such as salaries expense adjustment on the income statement and the balance sheet is that there'll ba na increase in expense. Also, there'll be an increase in liability such as the salaries payable. Since there is an increase in liability, thus will bring about a reduction in the net income.

7 0
3 years ago
Procter & Gamble repositioned its Old Spice antiperspirant brand from a deodorant your grandfather might use to a strong, hi
Tema [17]

Answer:

The correct option is reach a new market,option C

Explanation:

The strategy adopted by Procter and Gamble with respect to the deodorant is known as reaching a new market.

Market or market segment in this sense is a group of consumers who share similar characteristics such income level,age, level of education.

There is need to increase revenue and improve shareholders wealth,hence the company has to think out of the box by rebranding  an old product instead of devising a new product that would incur more costs in terms of research and development in order to  appeal to a new group of consumers,thereby increasing revenue overall.

5 0
4 years ago
Other questions:
  • jalbert incorporated planned to use materials of $11 per unit but actually used materials of $13 per unit, and planned to make 1
    15·1 answer
  • Which of the following is not possible when recording a transaction?A. Liabilities increase and assets decrease.B. Stockholders'
    13·1 answer
  • Stinehelfer Beet Processors, Inc., processes sugar beets in batches.
    6·1 answer
  • Which provision of the purchase and sale agreement describes the circumstances under which the closing agent must withhold or no
    14·1 answer
  • Define advertising and identify its key elements, explain the different types of advertising
    15·1 answer
  • 4. Why do people sometimes use credit to pay for items instead of just using cash?
    11·1 answer
  • During a sales meeting, you use the Google Trends tool to show insights and link back to what the client said about hiring someo
    10·1 answer
  • On January 1, 2017, Shay issues $330,000 of 12%, 15-year bonds at a price of 97.00. Six years later, on January 1, 2023, Shay re
    11·1 answer
  • g Suppose that if GSI drops the price on the Glucoscan 3000 immediately, it can increase sales over the next year by 30% to 130,
    10·1 answer
  • Q1. This organizational structure violates the unity of
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!