Answer:
Dr cash $65,000
Cr Notes payable $65,000
repayment:
Dr Notes payable $11,531
Dr interest expense $3,900
Cr Cash $15,431
Step-by-step explanation:
Upon the issuance of the notes,the cash received would be debited to cash account and the same amount credited to notes payable account.
The payment of $15,431 as annual repayment on the notes payable would be credited to cash account as an outflow of cash from the business while the notes payable and interest expense accounts would be debited with $11,531 and$3,900 respectively
Answer:
Your new monthly salary would be $1,457.50.
Step-by-step explanation:
You previously received a monthly salary of $1,375.00
Now by economy expansion, causing wages to increase by = 6%
Increment of the salary = 6% of 1,375.00
= 
× 1,375
= 0.06 × 1,375 = $82.50
So your new monthly salary would be = $1,375.00 + $82.50 = $1,457.50
Answer:
Step-by-step explanation:
Hope this helps!
brainliest?
(::)
Answer:
7 :)
Step-by-step explanation:
Answer:
7.2
Step-by-step explanation:
a good method towards percentages in multiplying both numbers in this case 48 and 15 and then lowering the product by 2 decimal places
