Answer: a. a credit to Accounts Payable.
Explanation:
When paying off a note, cash will be used so cash will have to be credited to show that it is decreasing.
Interest expense will be debited by the interest accumulated on the loan because expenses are debited when they increase.
Notes Payable will be debited to show that the note has now been retired.
There is no credit for Accounts payable involved in this transaction.
Answer:
correct answer is Metamediary
Explanation:
solution
answer is Metamediary because Metamediary is a person or a business that helps to the consumer for obtaining the goods and service by the supplier within the metamarket
and it also offers you to service like as advice of business and financing and provide content to the organized in any asset
so here the correct answer is Metamediary
Answer:
Annual depreciation= $32,812.5
Explanation:
Giving the following information:
The equipment cost $200,000 and had an estimated life of 8 years and a salvage value of $25,000.
<u>To calculate the annual depreciation expense, we need to use the following formula:</u>
Annual depreciation= 2*[(book value)/estimated life (years)]
2015:
Annual depreciation= 2*[(200,000 - 25,000) / 8]
Annual depreciation= $43,750
2016:
Annual depreciation= 2*[(175,000 - 43,750) / 8]
Annual depreciation= $32,812.5
Answer:
The industrial revolution affected the whole global economy, social relations, and culture.
The industrial revolution changed how goods were manufactured, and it all started with the European accumulation of capital and the invention of the steam engine.
The two major sources of energy were coal and oil that were used to power steam engines that moved machinery using water steam. That led to work specialization and urbanization (people moving into large urban areas).
The industrial revolution first started in northwestern Europe, but it then spread to the US, Russia and Japan. The global economy developed new patterns of global trade and production between nations that produced resources and those that processed them and produced goods.
Exporting economies grew around the world because of the need for exporting both raw materials and food supplies from resource producing nations, and the need for exporting finished goods form industrialized nations.
