The following journal entry will be passed in the books of accounts and the interest expense is calculated to an amount of $9600
<u>Explanation:</u>
Given data:
amount of note: $200000, annual principal payments to be made each year at December 31st = $40000, interest amount to be charged = 6 percent, duration of note = 5 years
the following calculation is made in order to find out the amount of interest:
Amount of note minus principal payment multiply with rate of interest
now, putting the figures in formula:
interest = 200000 minus 40000 = $160000 multiply with .06 = $9600
Thus, the interest amount = $9600
The interest expense will be debited with an amount of $9600 in the books of accounts.
Answer:
You exert less pressure lying down because you spread the force of your weight over a larger area, thus exerting less pressure.
Explanation:
Answer:
Importer.
Explanation:
An importer is an individual or entity that brings in products from foreign countries for sale domestically. Importers buy products that are produced in other countries. To the other country this is an export.
Roberto's father and uncle started a company that buys bauxite, copper, and other minerals from Chile, and brings them into the U.S. So the company is involved in importing activity.
Roberto brokers the trades with the mines in Chile.
Answer:
I'd say A!
Explanation:
hope this helps! sorry if it's wrong
The <span>percentage of people in Africa that rely on solid fuel for cooking is 80%</span>