Answer: Debit Interest Receivable and credit Interest Revenue, $2950
Explanation:
Based on the information given in the question, we have to calculate the interest accrued and this will be:
= $590,000 × 6% × 1/12
= $590,000 × 0.06 × 0.08333
= $2949.882
= $2950 approximately
Therefore, the adjusting entry that Sandhill should make on December 31, 2020 will be to:
Debit Interest Receivable and credit Interest Revenue, $2950
Answer:
Greater; Open; Greater; Closed
Explanation:
Aggregate demand of economy refers to the total demand for goods and services in an economy at particular period of time.
A closed economy refers to one that has no imports or exports; in order words it is closed from foreign trade with other economies. Thus, fiscal policy would have a greater effect in this economy.
Open economy is the opposite of a closed economy; it allows foreign trade and the aggregate demand of the economy is better influenced by the monetary policy.
The reason that Larceny is easier to detect that skimming
because this is associated with having to steal the cash only after that it has
been recorded by the accounting system of the company in which makes it easier
to detect unlike skimming. The answer is letter b.
Answer:
web developer
information security analyst
product safety engineer
computer user support specialist
computer programmer
D.) Marginal cost is equal to average total cost. (Because when the average total cost is at its minimum, marginal cost is also at its minimum.)
