Answer:
the journal entry are given below
Explanation:
given data
On January 10
purchase merchandise = $1,700
On February 10
amount due = $1,700
On February 12
Molly pays = $1,100
On March 10
amount due & interest = 1% per month
solution
Interest revenue to be recorded on March 10 that is calculated as
Unpaid balance as of February 12 = $1700 - $1100 = $600
and interest rate = 1% per month
so
Interest revenue = $600 × 1% = $6
so the journal entry are
date account title debit credit
January 10 account receivable $1700 sales revenue $1700
February 12 cash $1,100
sales revenue $1100
March 10 account receivable $6
interest revenue $6
If I'm correct-- by outdoor advertising do you mean commercials and ads encouraging people to go outside?
Answer:d) give the company its own identity. explain "where we are headed.
Explanation: A company's mission statement is a statement that specifically highlights the following
(1) The needs of the customer which the company plans to fulfill.
(2) Highlight the company's products and services which are rendered.
(3) It should also identify the Customer or market it is trying to reach.
This is what a good mission statement should be, The mission statement is different from the vision statement which tends to highlight where the company is heading to in the future.
Answer:
d
Explanation:
the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.