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alina1380 [7]
3 years ago
7

The journal entry for an installment note payment includes all except:__________.

Business
1 answer:
soldi70 [24.7K]3 years ago
5 0

Answer: a. a credit to Accounts Payable.

Explanation:

When paying off a note, cash will be used so cash will have to be credited to show that it is decreasing.

Interest expense will be debited by the interest accumulated on the loan because expenses are debited when they increase.

Notes Payable will be debited to show that the note has now been retired.

There is no credit for Accounts payable involved in this transaction.

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Name the blue-shaded parts as a mixed number.<br> A) 2 2/3<br> B) 3 2/3<br> C) 2 2/9<br> D) 3 2/9
tamaranim1 [39]

Answer:

[A] 2 2/3

Explanation:

Base on the given data you can see that 2 of the circle are fully shaded meaning

2 whole

There is one that is shade 2/3 {2 out of 3 are shaded}
Hence, put together

2 2/3

Therefore, the answer is [A] 2 2/3

<u><em>~lenvy~</em></u>

3 0
2 years ago
What is an externality? how do externalities relate to socially optimal quantity?
Elodia [21]
An externality in business or economics is where an industrial activity has an unexpected side effect which does not figure in the cost of the goods and services involved.  For example, I worked many years at a large mine. Just the existence of the mine there meant it was a no-hunting area so a side effect was that the moose used it as a refuge during hunting season which as a side effect was beneficial to the moose (and deer). Another example is that we used to crush mine rock for the haulroads for winter traction. As a result, it was found that the fines from this were concentrated with copper values so were put in the mill for processing-an unexpected outcome.
7 0
3 years ago
1. Day Corp. holds 10,000 shares of its $10 par value common stock as treasury stock reacquired in Year 2 for $120,000. On Decem
katovenus [111]

Explanation:

According to the accounting cost method , the reissuance of the treasury stock would be credited to the additional paid in capital which represents the remaining amount i.e deduct $120,000 from the $190,000

And, the net income for the year 6 is

= Increase in assets - Increase in liabilities - Increase in capital stock - Increase in additional paid in capital + Dividend payment

= $356,000 - $108,000 - $240,000 - $24,000 + $52,000

= $36,000

7 0
3 years ago
Almost all tasks in a project will be connected using either _____ or _____ dependencies.Select an answer:a)start-to-finish; fin
anyanavicka [17]

Answer:

c) finish-to-start; start-to-start

Explanation:

Project dependencies are the time relationships between a predecessor and a successor in project management. In other words, these dependencies describe which activity among the two needs to start earlier or later and when it needs to start or finish compared to the other one.

The most common type of dependency in all projects (no matter the nature or industry) is the finish-to-start one, where the activity A needs to be completed before activity B starts, e.g. base nail polish has to be put before the top coat gets put on the nails.

The second most common type of dependency is the<em> start-to-star</em>t one, where two activities need to start at the same time. This is common for activities where synchronization is paramount.

3 0
3 years ago
Read 2 more answers
What are the six characteristics of money? explain how the u.s. dollar has those six characteristics?
Leya [2.2K]
1. durability- objects used as money must withstand physical and tear
2. portability- people need to be able to take money with them as they go about their business
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4.uniformity- any two units of money must be uniform or the same in the terms of what they will buy.
5.limited supply- money must be available only in limited quantities
6.acceptability- Everyone must be able to exchange the money for goods and services
5 0
3 years ago
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