Answer: See explanation
Explanation:
a. The Journal entries to record the issuance of the note will be:
Debit Accounts payable $10000
Credit Notes payable $10000
(To record the issuance of note to creditor)
b. The journal entry to record thehe payment of the note at maturity, including interest will be:
Debit Notes payable $10000
Debit Interest expense $125
Credit Cash $10000 + $125 = $10125
(To record the payment on the note on maturity.
Note:
Interest expense = $10000 × 5% × 90/360
= $10000 × 0.05 × 0.25
= $125
Large amounts of pollution displacement of local wild life crammed living conditions streets tend to be dirty large amount of crime
Of course it's possible, because it means that sintheta=-2/5 which satisfies this -1<=sintheta<=1
100m runner (don’t mind this i need it to be 20 characters long)
