O think is c, but I think I’m not sure
Answer:
(a) Dec 31:
Dr Interest Expense 370
Cr Interest Payable 370
(b) Dec 31:
Dr Account Receivable 1,830
Cr Service Revenue 1,830
(c) Dec 31:
Dr Salaries & wages expense 900
Cr Salaries & wages payable 900
Explanation:
Preparation of Journal entries
(a) Based on the information given we were told that Interest on notes payable of the amount of $370 was accrued which means that the Journal entry will be:
Dec 31
Dr Interest Expense 370
Cr Interest Payable 370
(To record accrued interest on note payable)
(b) Based on the information given we were told that Services was performed but unbilled totals of the amount of $1,830 which means that the Journal entry will be :
Dec 31
Dr Account Receivable 1,830
Cr Service Revenue 1,830
(To record unbilled service revenue)
(c) Based on the information given we were told that Salaries of the amount of $900 earned by employees have not been recorded which means that the Journal entry will be :
Dec 31
Dr Salaries & wages expense 900
Cr Salaries & wages payable 900
(To record salaries earned but not recorded)
Answer:
$187.18
Explanation:
In this question, we use the PMT formula that is shown on the attachment below:
Given that,
Present value = $5,500 - $5,500 × 20% = $4,400
Future value = $0
Rate of interest = 2% ÷ 12 months = 0.16666%
NPER = 2 × 12 months = 24
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the monthly payment is $187.18
One way of representing attaining the positive externality by the government is through the promotion of education.
Option D is the correct answer.
<h3>What is an externality?</h3>
When the cost or advantage is received by a third party that is not related to the economic activity, then it is considered an externality.
A positive externality is the arousal of a positive effect on either production or consumption. The act of penalizing a company for pollution, imposing taxes on citizens earning more than $250,000 and the reduction in rates of interest would all be classified as negative externalities.
Therefore, the encouragement of education by the government is regarded as a positive externality.
Learn more about the externality in the related link:
brainly.com/question/24233609
#SPJ1
Answer: D. marginal product; increasing; average variable cost; decreasing
Explanation:
The Marginal product curve is hump-shaped and the marginal cost curve is U-shaped because these two move in opposite directions to each other.
If the marginal cost is decreasing therefore, the marginal product must be increasing. If the marginal cost is decreasing and the marginal product is increasing, average variable cost will have to fall because every additional unit produced incurs less cost so the average has to fall as well.
