Answer:
June 2019
Interest Expense $ 2,531.25 (debit)
Bank $ 2,531.25 (credit)
September 2019
Interest Expense $ 2,531.25 (debit)
Bank $ 2,531.25 (credit)
December 2019
Interest Expense $ 2,531.25 (debit)
Bank $ 2,531.25 (credit)
March 2020
Interest Expense $ 2,531.25 (debit)
Bank $ 2,531.25 (credit)
Explanation:
For each Month, Recognise an Expense - Interest and Also de-recognise the Asset - Cash as interest is being paid.
Interest Expense Calculation = 3/12×$225,000×4.5%
= $ 2,531.25
Answer: 170.69
Explanation:
Given that,
Anticipated total cost (Future value) = $158.82 million
= $158,820,000
Saving per month = $590,000
Interest received on savings = 6 percent (compounded monthly)
Future value = $158,820,000



Therefore,
n = 170.69 months
Company have to wait before expanding its operations for 170.69 months.
I believe the answer is "D."
Answer: $9,000
Explanation:
Rule 144 is a regulation that governs the trading of restricted, unregistered, and control securities and is enforceable by the SEC.
Under the rule, the person, as an officer of the ABC Corporation is limited to selling the higher of 1% of the Outstanding stock the company has or the average weekly trading volume over the preceding 4 weeks.
1% of the outstanding 900,000 shares is;
= 1% * 900,000
= 9,000 shares
This is higher than the average weekly trading volume over the preceding 4 weeks so this is the maximum permitted sales figure.