Answer:
The journal entry would be:
Explanation:
Note: Options are missing so providing the journal entry.
The journal entry would be for recording the collection of the note is:
October 30
Cash A/c.........................Dr $10,150
Interest Revenue A/c.........Cr $150
Notes Receivable A/c.........Cr $10,000
On October 30, the amount is collected so the any increase in cash is debited. Therefore, cash account is debited. And it is collected against a notes Receivable of $10,000 so it leads to decrease in liability, it is credited. Therefore, the notes receivable is credited. And the interest revenue is credited.
Answer:
$680
Explanation:
Calculation to determine What would be the depreciation expense for the first year of its useful life using the double-declining-balance method
Depreciation expense=3400*(100%/10 * 2)
Depreciation expense=3400*.2
Depreciation expense= 680
Therefore What would be the depreciation expense for the first year of its useful life using the double-declining-balance method is $680
Answer:
D. Plan your trips to avoid rush hour traffic
<span>
<span>The
gas motor also known as the four stroke internal combustion engine created by
Nickolaus Otto was first used to generate power in a motorcycle and later on
used in vehicles among other machinery. Power is generated from this engine
through a cycle that consists of four steps. A mixture of air and fuel is
introduced into an enclosed combustion chamber, this mixture is compressed
and then ignited (thus causing an explosion)and then resulting exhaust gases
are expelled from the combustion chamber. This reaction generates heat energy
which is then converted into mechanical energy when the piston moves up and
down. This motion is transferred to a crankshaft which powers a flywheel that
maintains the rotary motion.</span></span>
