Answer:
- Credit (decrease) cash account (112): $12,207
- Debit (decrease) loan account (341): $12,000
- Debit (increase) interest expenses (635): $207
Explanation:
The interest occurred = $12000*7%/365*90=$207
The note to be paid = $12,000
Total paid out: $12,207
If Uniform Supply use cash to pay off the note then the entries include:
- Credit (decrease) cash (112): $12,207
- Debit (decrease) loan account (341): $12,000
- Debit (increase) interest expenses (635): $207
Answer:
it would be easier if you enter these into a tabular format, so you can then do the calc on excel or copy and paste here for ppl to see it clearly. The presentation of business information is important for the intended audience
Explanation:
Answer: B) $115,200
Explanation:
Fixed costs are by definition fixed which means that they do not change as a result of a change in production level. This means that where Greenway sells 48,000 units or 54,000 units or even 0 units, the company would still incur the same fixed cost of $115,200.
The costs that change as a result of production level change are called Variable costs.
The journal entry to record the transaction is: Debit Cash $259,960; Debit Discount on bonds payable $8,040;Credit Bonds payable $268,000.
<h3>Sales of bonds</h3>
Splish Brothers Inc journal entry
March 1,2022
Debit Cash $259,960
($268,000 × 97%)
Debit Discount on bonds payable $8,040
($268,000 × 3%)
Credit Bonds payable $268,000
(To record sales of bonds)
Inconclusion the entry is: Debit Cash $259,960; Debit Discount on bonds payable $8,040;Credit Bonds payable $268,000.
Learn more about sales of bonds here:brainly.com/question/13958571
Answer:
How did Carter plan to achieve his goals regarding the hostages?
Check all of the boxes that apply.
Convince Iran that the real danger was the Soviet Union, not the United States.
Team up with Iraq to invade Iran.
Get help from other countries to express disapproval of Iran’s actions.
Send many troops in to free the hostages at any cost.
Explanation:
How did Carter plan to achieve his goals regarding the hostages?
Check all of the boxes that apply.
Convince Iran that the real danger was the Soviet Union, not the United States.
Team up with Iraq to invade Iran.
Get help from other countries to express disapproval of Iran’s actions.
Send many troops in to free the hostages at any cost.
