Answer:
Since on July 9, Mifflin Company receives a $ 10,200, 90-day, 6% note from customer Payton Summers as payment on account, to determine what entry should be made on July 9 to record receipt of the note the following calculation must be performed :
90 days = 3 months
6/12 x 3 = 1.5%
10,200 x 1,015 = 10,353
Therefore, a debt cancellation for $ 10,200 must be made in the company's accounting records, plus an interest generation for $ 153, which will be justified by the cash income of $ 10,353.
Answer:
4
Step-by-step explanation:
12 divided by 3 is 4. It's that simple!
Answer:
4
Step-by-step explanation:
lol ez points
Answer:
20 sq in
Step-by-step explanation:
formula is (base * height)/2 so plug it in:
5*8=40
40/2=20
20 sq in
