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
Annette [7]
3 years ago
13

Starr Corporation loaned $600,000 to another corporation on December 1, 2020 and, in exchange, received a 3-month, 8% interest-b

earing note with a face value of $600,000. What adjusting entry should Starr make on December 31, 2020
Business
1 answer:
prisoha [69]3 years ago
3 0

Answer:

                          Adjusting entry

Date    Account Title                      Debit        Credit

           Interest receivables           $4,000

           ($600,000*8%*1/12)

                   Interest revenue                            $4,000

           (To record accrued interest on note)

You might be interested in
Bertucci Corporation makes three products that use the current constraint which is a particular type of machine. Data concerning
Ludmilka [50]

Answer:

Bertucci Corporation

The amount the company should be willing to pay to acquire more of the constrained resource per minute is:

a. $12.40 per minute

Explanation:

a) Data and Calculations:

                                             TC             GL                NG

Selling price per unit       $ 494.40   $ 449.43     $ 469.68

Variable cost per unit     $ 395.20    $ 320.21     $ 373.92

Contribution per unit        $99.20      $129.22       $95.76

Minutes on the constraint     8.00             7.10            7.60

Contribution per minutes  $12.40        $18.20        $12.60

6 0
3 years ago
Read 2 more answers
Which city has a greater percentage of homes with real estate values between 55,000 dollars and 85,000 dollars?
nordsb [41]

The comparison of the center line and the first quartiles for the two cities reveals that the populations of 55,000 and 85,000 constitute less than a quarter of the residences in Bigburg, but nearly a fourth of the homes in Tinytown.

This is further explained below.

<h3>What is real estate?</h3>

Generally, Real estate is a type of property that includes both the land and the structures that are located on it, as well as the land's natural resources, which may include things like crops, minerals, or water.

This type of property is considered to be immovable property.

Real estate also refers to an interest that is vested in an item of property, such as a building or shelter in general.

In conclusion, The populations of 55,000 and 85,000 make up less than a quarter of the dwellings in Bigburg, but over a fourth of the homes in Tinytown.

This is seen when the center line and the first quartiles for the two cities are compared to one another.

Read more about  real estate

brainly.com/question/10336196

#SPJ1

6 0
1 year ago
Time management and world view college success
Stolb23 [73]

Explanation:

As most students discover, college is not the same as high school. For many students, college is the first time they are “on their own” in an environment filled with opportunity. And while this can be exciting, you may find that social opportunities conflict with academic expectations. For example, a free day before an exam, if not wisely spent, can spell trouble for doing well on the exam. It is easy to fall behind when there are so many choices and freedoms.

One of the main goals of a college education is learning how to learn. In this chapter we zoom in on learning how to skillfully manage your time. To be successful in college, it’s imperative to be able to effectively manage your time.

In the following Alleyoop Advice video, Alleyoop (Angel Aquino) discusses what many students discover about college: there is a lot of free time—and just as many challenges to balance free time with study time

7 0
4 years ago
Read 2 more answers
A short forward contract that was negotiated some time ago will expire in 12-month and has a delivery price of $49.25. The curre
wlad13 [49]

Answer:

$3.04

Explanation:

F = (K - F0)*e^(-r*T) <em>Where f = current value of forward contract, F0 = forward price agreed upon today, K = delivery price for a contract negotiated, r = risk-free interest rate applicable to the life of forward contract, T = delivery date</em>

<em />

F = ($49.25-$46.00)*e^(-0.0665*12/12)

F = $3.25*e^(-0.0665)

F = $3.25*0.935662916

F = $3.040904477

F = $3.04

So, the value of the short forward contract is $3.04.

7 0
3 years ago
Sylvia believes and tries to follow the principle that considers the welfare and risks of all parties when considering policy de
antiseptic1488 [7]

Answer:

Beneficince

Explanation:

There are 4 ethical principles: autonomous, beneficince, justice, and nonmalefecience.

Beneficence is the principle that considers two main concepts.

Benefits that all parties stand to gain and the balancing of risk and harm to all parties.

Focus is on protecting rights of others, prevention of harm, and rescue of persons in danger.

In the given scenario Sylvia considers the welfare and risks of all parties when considering policy decisions and outcomes. This in accordance with principle of beneficiance.

7 0
3 years ago
Other questions:
  • Using money to try to make more money is called
    15·2 answers
  • A cost system determines the cost of a cost object by ________. assigning and then accumulating costs assigning costs accumulati
    12·1 answer
  • SPINX, INC. Statement of Earnings For the Year Ended December 31, CURRENT YEAR Net sales $ 4,395,253 Costs and expenses: Cost of
    9·1 answer
  • A 3-year bond with 10% coupon rate and $1000 face value yields 8%. Assuming annual coupon payment, calculate the price of the bo
    14·1 answer
  • An accountant has debited an asset account for $5,000 and credited a revenue account for $10,000. What can be done to complete t
    7·1 answer
  • If education produces positive externalities, we would expect:
    6·1 answer
  • Chris receives $520 per week gross pay in his sales job at the Lark dealership. This amount remains fixed and does not vary with
    10·1 answer
  • What is the goal of a bank?
    12·2 answers
  • 225,000 cartons of machine screws per year to support its manufacturing needs over the next seven years, and you've decided to b
    5·1 answer
  • You deposit $300 in a bank account that earns 4ompound interest annually. what is the value of your $300 in 10 years?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!