Answer: See explanation
Explanation:
a. The Journal entries to record the issuance of the note will be:
Debit Accounts payable $10000
Credit Notes payable $10000
(To record the issuance of note to creditor)
b. The journal entry to record thehe payment of the note at maturity, including interest will be:
Debit Notes payable $10000
Debit Interest expense $125
Credit Cash $10000 + $125 = $10125
(To record the payment on the note on maturity.
Note:
Interest expense = $10000 × 5% × 90/360
= $10000 × 0.05 × 0.25
= $125
Answer:
What are the two prongs that must be met to be considered a high-performance green building? (site 2)
edge 100%
Your fine( I just need this for an answer
Answer:
Chaos would happen and one branch will always have more power over the other branch. If they are all together, what is right and what is wrong. Is too much power being used? What laws to make? What actions to make? IF for not these questions perhaps, there would have been only one branch of the government. The executive branch has immense power and can be overpowered as well, but, that does not mean it can do any foolishness it wants. That is why the judicial branch exists and it has specific power, great power, to overrule anything if it is deemed wrong or unconsitituional. The president doesn't necessarily create law either. He writes them into law and may have some power or influence to add in laws he likes or wants. The legislative branch looks over the laws and creates them. The president merely looks over it and signs it. The judical branch also has the power to overrule laws that are unjust or unconstitutional. Together, these three branches make up the government. Without each other, or to be said, as single, the nation would be no more.
Explanation:
