1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Step2247 [10]
3 years ago
11

On March​ 1, 2018, Vintage Services issued an​ 8% long-term notes payable for​ $22,000. It is payable over a​ 16-year term in​ $

1,375 principal installments on March 1 of each​ year, beginning March​ 1, 2019. Each yearly installment will include both principal repayment of​ $1,375 and interest payment for the preceding​ one-year period. The journal entry to pay the first installment will include a debit to Interest Expense for​ $1,760. True or False?
Business
1 answer:
AveGali [126]3 years ago
7 0

Answer:

True. The answer and procedures of the exercise are attached in a microsoft excel document.

Explanation:

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

Download xlsx
You might be interested in
The GATT agreement was replaced by the World Trade Organization.
QveST [7]
False should be the answer
8 0
3 years ago
Cost-benefit analysis is similar to which of the following?
Juliette [100K]

sio lsupira et el odriai

7 0
3 years ago
Read 2 more answers
The Fun Tyme Toy Company discovers that one of its products can easily break, exposing children to potential injury from the sha
Novosadov [1.4K]

Answer:

A) 24 hours

Explanation:

The Consumer Product Safety Act (CPSA) established the Consumer Product Safety Commission (CPSC) which is the government entity in charge of setting product safety standards, requesting recalls and banning products if necessary.

In this case, if a toy is potentially dangerous then the company must notify the CPSC within one business day and start the recall procedure immediately.

4 0
3 years ago
Why are pricing decisions important to organization?
gregori [183]

Answer:

  • Pricing is important since it defines the value that your product are worth for you to make and for your customers to use.
8 0
2 years ago
Do you think most employers are serious about the development of their employees or are they only concerned with productivity?
Mandarinka [93]

Answer:

Productivity is the phenomena of the world economies. It is important for the development and growth.

Explanation:

There are many international and national organization that take care about their employees growth. But many of organization are there which is only think about the productivity not about their employees. The industrial organization psychology worked on this concepts. Many research has been done just because to find out about the employees condition and productivity in an organization.

It is very important for employers if they think about the mental, physical health of their employees it affects the productivity. If employees are satisfied with the environment and policy of a company then productivity will also increase side by side.

3 0
2 years ago
Other questions:
  • If you have a standard food cost of 38 percent, a product mix of 38 percent, and an actual food cost of 42 percent, what must yo
    12·1 answer
  • What do individual shareholders gain when they buy shares of a company’s stock?
    6·2 answers
  • True or false?
    11·1 answer
  • Costs of assets acquired in one period that will be recorded as expense in a future period are referred to as ______ and are ini
    13·1 answer
  • How much interest, if any, can jaxon deduct in year 0 if his business uses the cash method of accounting for tax purposes?
    7·1 answer
  • An imprest petty cash fund of​ $600 was established for minor disbursements. At the end of the​ month, the fund included petty c
    14·1 answer
  • You are planning to hire a full-time electrician who will work 40 hours per week. If you plan on giving this new hire three week
    5·2 answers
  • Department M had 2,000 units 40% completed in process at the beginning of June, 12,000 units completed during June, and 1,200 un
    12·1 answer
  • Unearned revenues refer to a(n): Group of answer choices Asset that will be used over time. Expense incurred because a customer
    7·1 answer
  • which of the following is not typically involved in rescheduling activities of a troubled sovereign loan? group of answer choice
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!