All categories

2 years ago

The journal entry used to record the payment of a discounted note is

Business

1 answer:

Archy [21]2 years ago

5 0

Answer:

<h3>Debit Cash and Interest Expense.</h3>

Explanation:

<h2>HOPE IT HELPS YOU!! </h2>

You might be interested in

The average ticket price for a concert at the opera house was $50. The average attendance was 2500. When the ticket price was r

Ber [7]

Answer:

The price per ticket should be $37.5

Explanation:

First we need to determine the change in demand (attendance) as a result of every $1 increase in the price of ticket.

The ticket price increased by $4 (from 50 to 54) and the demand fell by 400 (from 2500 to 2100). The change per dollar is, 400 / 4 = 100.

So, for every $1 increase in price, demand falls by 100.

The revenue is calculated by multiplying price by quantity demanded. Revenue equation will be,

Let x be the change in price from $50.

Revenue = (50 + x) * (2500 - 100x)

Revenue = 125000 - 5000x + 2500x - 100x²

Revenue = 125000 - 2500x - 100x²

To calculate the price that maximizes the revenue, we need to take the derivative of this equation.

d/dx = 0 - 1 * 2500x° - 2 * 100x

0 = -2500 - 200x

2500 = -200x

2500 / -200 = x

-12.5 = x

Price should be 50 - 12.5 = 37.5

At price $37.5 the revenue of the Opera House is maximized.

6 0

3 years ago

The decision to innovate

sukhopar [10]

Answer:

D hope that helps you out

7 0

3 years ago

A broad market index has an expected rate of return of 8% and a standard deviation of 40%. The T-bill rate is 1%. An investor ha

Black_prince [1.1K]

Find the below attachment

8 0

3 years ago

Which pair of accounts follows the rules of debits and credits in relation to increases and decreases in the opposite manner? ca

stiks02 [169]

<span>Which pair of accounts follows the rules of debits and credits in relation to increases and decreases in the opposite manner? Salaries Expenses and Unearned Revenue. The Salaries Expense report shows the salaries that employees have been paid during a set period that is listed on the income statement. The Unearned Revenue account shows the amount of money a company has earned in advanced for providing goods or services. Employees can also be paid in advance but then owe the good or service to the company or provider. </span>

3 0

3 years ago

When asked why she participated with other students in a protest against treatment of women on her campus, Kai says that all hum

stira [4]

Answer:

The correct answer is A. postconventional.

Explanation:

This level of moral development consists of an approach from a perspective superior to society. The person who reaches this level sees beyond the norms of his own community, reaching the principles on which any good society is based. Very few adults manage to have a postconventional trial.

Those individuals who reach the postconventional level have their own ethical principles, which include basic human rights such as life, freedom and justice; they see the rules as useful but modifiable mechanisms, instead of absolute norms that must be obeyed without questioning.

Because individuals with a postconventional reasoning overlap their own moral evaluation of situations about social conventions, their behavior, especially in stage six, can sometimes be confused with that of those who are in the preconventional stage.

7 0

3 years ago