Answer:
1 Cash 11,190,000
Discount on Note Payable 810,000
Note Payable 12,000,000
2- Interest Expense 810,000
Discount on Note Payable 810,000
3- Note Payable 12,000,000
Cash 12,000,000
Explanation:
In order to pass the Journal entry for issuance of Note Payable. First we need to calculate the Discount on issue of Bond Payable. The discount on note payable is calculated using the 12,000,000 x 9% x 9/12 = 810,000. In case of note payable is discount is interest expense for issuer hence on due corporation will pay full value of note to purchaser of note.
Answer:
The incorrect statement about Venture capitalists is:
Venture capitalists usually assume active roles in the management of the financed firm.
Explanation:
Venture capitalists are high net worth individuals with managerial competence or experience seeking for new businesses to invest in. In exchange, they ask for an equity stake in the company they finance.
Venture capital financing is the type of funds that are given to invested into viable businesses in their budding stage by investors that see long term growth potential in them. it is a form of private equity.
Venture Capitalist never assume active roles in the management of the financed firm. however, if they have the technical know how, they may pitch in passively from time to time to advice.
Answer:
This guy is Steven Cree. Steven Cree is an Scottish film and theater actor. Cree began his career in 2001 by playing a guest starring role in a comedy series. In 2009. he moved on from television screen to feature in film roles and played many characters in different films such as Antonio Vivialdi in Condor Pictures' Vivaldi. Apart from television and films, Steven Cree is also known for his exceptional work in theater.
To increase traffic on a website you should be more focused towards your content and how do you present your content.
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To learn more about website traffic here :
brainly.com/question/14744708
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