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Yanka [14]
3 years ago
8

Jax Recording Studio purchased $7,800 in electronic components from Music World. Jax signed a 60-day, 8% promissory note for $7,

800. Music World's journal entry to record the collection on the maturity date is:
Business
1 answer:
Lostsunrise [7]3 years ago
5 0

Answer:

Interest revenue = $7800*8%/360*60

Interest revenue = $104

Date  Journal Entry             Debit    Credit

          Cash                          $7,904

                 Notes Receivable            $7,800

                 Interest Revenue             $104

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In recent years, the U.S. labor market has experienced a __________ in the earnings gap between men and women. One of the main f
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Answer:

In recent years, the U.S. labor market has experienced a __decline__ in the earnings gap between men and women. One of the main factors behind this is ___discrimination in labour market.___ .

Explanation:

A decline with women’s careers have been experienced with the rewards associated with or gained with top level job expertise, this has led to a discrimination in the labour market which is majorly influenced by gender. With many recruiters preferring their male counterparts for most job roles or positions.

6 0
3 years ago
George bought 100 shares of ABC Corporation at $20/share. He held the shares for a year and then sold them at $22/share. The ABC
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D. a premium of 10 percent
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Compare the following sets of message openers. Circle the letter of the opener that illustrates a direct opening. Write an appro
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a. Employees interested in enrolling their children in our new low-cost day-care program are invited to attend an HR orientation on January 18.

Explanation:

Subject line: HR orientation regarding new day-care program.

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5 0
3 years ago
The trial balance of Barger Company at the end of the accounting period, immediately prior to recording closing entries, showed
lesya692 [45]

Answer: $30,600

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Retained Earnings for the year = Revenue - Expenses - Dividends

= 62,000 - 44,900 - 2,300

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This figure should be added to the retained earnings of the previous period to find the total balance.

= 14,800 + 15,800

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8 0
3 years ago
Younie Corporation has two divisions: the South Division and the West Division. The corporation's net operating income is $90,10
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Answer:

b. $127,200

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The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

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= $127,200

3 0
3 years ago
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