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Paul [167]
2 years ago
9

True/False: Money is more important than finding something you're going to love doing.

Business
1 answer:
Annette [7]2 years ago
3 0

Answer:

False.

You don't want to work day and night, or do something you are not willing to, just to get a bunch of money

Explanation:

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On June 30, Collins Management Company purchased land for $460,000 and a building for $520,000, paying $360,000 cash and issuing
sammy [17]

Answer:

See Explanation

Explanation:

(a)

Journal entry to record the transaction is,

Particulars                                                                  Debit      Credit

Land and Building (460000 + 520000)                 $980,000

Cash Paid                                                                           $360,000

Mortgage Payable (980,000 - 360,000)                         $620,000

We assume that 4% interest is chargeable each semiannual payment and that each subsequent payment is charged 4% on the remaining amount of principal minus any preceding principal payments.

(b)

First installment = Principal + Interest payable

= 31,000 + (620,000 * 0.04) = $55,800

(c)

Second payment = 31,000 + [(620,000 - 31000) * 0.04] = $54,560

Since the chart of accounts is not provided you can confirm the the account headings.

Hope that helps.

5 0
3 years ago
• What is a “Vocational qualification”? .​
lutik1710 [3]
It’s practical qualifications that basically relate to a specific job or career sector.
5 0
2 years ago
Read 2 more answers
True or False: Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographi
zlopas [31]
True, it’s a good idea because it helps protect your home and other assets
3 0
2 years ago
Read 2 more answers
The NEC® arose as a consensus of more than 1200 individuals primarily to ____.
labwork [276]

NEC arose to:

d.standardize equipment use as a marketing tool

Explanation:

NEC Corporation is a multinational IT and Electronics firm that is based out of Japan.

It was started in the 60s as Nippon Electric company ltd. but it re branded itself to name NEC in 1983.

It is responsible for the standardization of equipment as their USP and their prime marketing tool and made it a standard industry practice to do so as of now.

Their impact on the whole industry has been immense.

7 0
2 years ago
Joana volunteers to deliver a last-minute presentation on behalf of her team. Which quality is Joana demonstrating?
Ymorist [56]
Joana is demonstrating responsibility
4 0
3 years ago
Read 2 more answers
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