Answer:
Cash debit 1,200
Note Receivable debit 2,800
Account Receivable credit 4,000
Explanation:
The accounting will reflect the receipt of cash and the note at their principal.
The interest of the note will ge accrued with the past of time. Currently no interest was earned, so we don't have to post anything related to the interest of the note.
We just write-off the account receivable of the customer and declare how we settle.
 
        
             
        
        
        
Answer:
all the given figures are wrong but i explained the correct procedure.
Explanation:
INCOME STATEMENT
Fees earned                            17400
Expenses:  
Depreciation expense      1300  
Insurance expense      400  
Supplies expense              3800     5500
Net Income                               11900
Therefore, The Net income for the period is $11900.
 
        
             
        
        
        
Answer:
Cash Flow = $89,828.
Explanation:
Detail is given in the picture attached.
 
        
             
        
        
        
Answer:
<u><em>format text increase or decrease the space around the text on a page </em></u>
<u><em>Explanation:</em></u>
Indeed, when using Word processing software like Microsoft word, it is possible to use the format text tool called line spacing to <em>increase or decrease the space around the text on a page.</em>
For example, in other to make a written text easily readable, a user may use the format text tool to increase or decrease the space around the text on a page.
 
 
        
                    
             
        
        
        
I’m pretty confident it is C. It is my understanding that GDP and unemployment rates have an inverse relationship. When the economy is doing well you would expect the GDP to increase and the unemployment rate to decrease.