Answer:
The journal entry to be recorded for the payment of the note on date of maturity is shown below:
Explanation:
The journal entry to be recorded for the payment of the note on date of maturity is as follows:
Notes Payable A/c..........................Dr $9,000
Interest expense A/c......................Dr $148
Cash A/c..........................................Cr $9,148
Being payment of the note payable is reported on the maturity date
As on the day of the payment, the cash is going out of the business which means assets is decreasing and any decrease in assets is credited. Therefore, the cash account is credited. And the notes payable is paid so the notes payable account is debited and interest expense account will also be debited.
Working Note:
Interest expense = $9,000 × 10% × 60/ 365
Interest expense = $148
Answer:
sorry I can't as i am a girl
Answer:
The percent of investment that the project costs can be referred to as all of the following, except:_________.
a) required return
Changes in an individual's behavior resulting from previous experiences is: Learning.
<h3>What is learning?</h3>
This can be described as the changes that are evident in a person as a result of instructions that they received.
Learning is only said to have taken place when there is a difference between what was and what now exists.
Read more on learning here:
brainly.com/question/14591988
#SPJ12
Answer:
Real Estate Law Commissioner
Explanation:
Based on the information in the question it can be said that the source that provides all of this information is the Real Estate Law Commissioner. Other than creating and enforcing real estate law, the commissioner acts as the source that provides all of the information being requested in the question including sewer assessments, liens, utilities to the lot, blanket encumbrances and street maintenance.
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