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2 years ago

Marriott builds a hotel for $34 million and sells it to a banking

Business

1 answer:

s2008m [1.1K]2 years ago

6 0

Answer:

management contract

Explanation:

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Define a SMART goal for your own team<br>

Yanka [14]

Answer:

<h3>To make sure your goals are clear and reachable, one should consider setting SMART goals (Specific, Measurable, Achievable, Relevant, and Timely</h3>

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2 years ago

On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid

almond37 [142]

Answer:

Debit interest receivable $1,500

Credit interest revenue $1,500

Explanation:

Adjust entries are used in accounting to record accrued revenue or expense at the end of an accounting period.

On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid on February 28, 2022.

We are to calculate the adjustment at December 31, 2021.

We need to calculate interest accrued at year end. The loan would have stayed for 10 months.

Interest= principal* rate* time

Interest= 20,000* 0.09* (10/12)

Interest = $1,500

So we will debit interest receivable for $1,500 and credit interest revenue.

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3 years ago

What is the purpose of checks and balances in the constitution?

Mumz [18]

The system of checks and balances is an important part of the Constitution. With checks and balances, each of the three branches of government can limit the powers of the others. This way, no one branch becomes too powerful.

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3 years ago

Read 2 more answers

Jahwana works for a large corporation with a 401(k) retirement plan. The company matches dollar for dollar the first 5% of the e

Gre4nikov [31]

Answer:

$8,000

Explanation:

Jahwana earns $40,000:

her 401k contributions = 15% x $40,000 = $6,000

Jahwana's employer contributes $1 per $1 that she contributes but only up to 5%, so her employee's 401k contribution = 5% x $40,000 = $2,000

total annual contribution = $6,000 + $2,000 = $8,000

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3 years ago

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Slinky Company purchased merchandise on June 10, 2021, at a price of $26,000, subject to credit terms of 4/10, n/30. Slinky uses

vampirchik [111]

Answer:

The answer is given below;

Explanation:

June 10.

Inventory (26,000*.96) Dr.$24,960

Accounts Payable Cr.$24,960

2.If payment is made on June 18,2021

Accounts Payable Dr.$24,960

Bank Cr.$24,960

3. If payment is made on July 8,2021

Inventory (26,000-24,960) Dr.$1,040

Accounts Payable Cr.$1,040

Accounts Payable (1,040+24,960) Dr.$26,000

Bank Cr.$26,000

As the credit period of 10 days for discount was not availed, therefore full amount payment will be made.

4 0

3 years ago