Answer:
The Parry Glitter Company
The Parry Glitter Company should record the Notes Receivable as $300,000.
It should also record the interest receivable per year as $24,000 and the advertising cost as $24,000 per year. These bring into the accounting records the interest revenue and also the advertising expense, which eventually cancel each other.
Step-by-step explanation:
a) Data and Calculations:
Notes Receivable = $300,000
If the notes receivable are repaid at the end of 3 years and it is assumed that the interest on the notes receivable = 8%
Therefore, the cost of the free advertising will be equal to $24,000 ($300,000 * 8%), which is the cost of the interest to the radio station.
Answer:
the meal cost $25.8 in total.
Step-by-step explanation:
9% of 20 is 1.8
20% of 20 is 4
20 + 1.8 + 4 = 25.8
May I have brainliest please? :)
Answer:
It is arithmetic and it has a common difference of -99
Answer:
48
Step-by-step explanation:
You times 8 by 3 to get 24. Then you multiply 24 by 3 to get 48
