Answer:
B: Modern Language Association (MLA)
Explanation:
I'm taking the BIM Cumulative Exam 2022
Answer:
A. Received cash by issuing common stock
Debit: Cash
Credit: common stock
B. Received cash for services to be performed in the future.
Debit: Cash
Credit: unearned revenue.
C. Paid salaries payable
Debit: salaries payable
Credit: cash
D. Provided services on account.
Debit: accounts receivable
Credit: service revenue
E. Paid cash for operating expenses
Debit: operating expenses
Credit: cash
Explanation:
A. Received cash by issuing common stock
Debit: Cash
Credit: common stock
B. Received cash for services to be performed in the future.
Debit: Cash
Credit: unearned revenue.
C. Paid salaries payable
Debit: salaries payable
Credit: cash
D. Provided services on account.
Debit: accounts receivable
Credit: service revenue
E. Paid cash for operating expenses
Debit: operating expenses
Credit: cash
Pam buys a new 40-inch television at Walmart
Answer:
May 1 2022 Cash 435540 Dr
Notes Receivable 408000 Cr
Interest Revenue 12240 Cr
Interest Receivable 15300 Cr
Explanation:
The interest revenue for 5 months was already recorded on 31 december against an interest receivable account that has a balance of 5 months of interest due.
The interest on note for 9 month period is = 408000 * 0.09 * 9/12 = $27540
The 5 month interest recorded on 31 december is 408000 * 0.09 * 5/12 = 15300
Thus, the interest revenue to be recorded on May 1 will be 4 months interest that is 27540 - 15300 = 12240
It is very important the professional e-mail should be follow proper guidelines of writing it. As professional e-mail reflects your business impression and creating a sense of trust.
Explanation:
- The first bracketed number signifies sender and receivers name details and the subject of the email to get a hint of the matter
- The second bracketed number is Salutation.
- The third number bracket indicates the purpose of sending this professional email or body of the message.
- Number four bracket is the middle passage of the e-mail which shows what you have to offer.
- Number five is the final paragraph of the e-mail where you say thanks or request the receiver of the email.
- Number six is email signature which has details like name, contact details (phone number or e-mail address) and professional site profile (LinkedIn)
