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jolli1 [7]
3 years ago
5

on december 1, 2021, your company borrowed $15,000, a portion of which is to be repaid each year on november 30. specifically, y

our company will make the following principal payments: 2022, $2,000; 2023, $3,000; 2024, $4,000; and 2025, $6,000. show how this loan will be reported in the december 31, 2022 and 2021, balance sheets, assuming principal payments will be made when required.
SAT
1 answer:
astraxan [27]3 years ago
8 0

The following is how this loan will be reported in Your Company's Balance Sheets:

Your Company

Balance Sheets

As of December 31

                                    2022        2021

Current Liabilities:

Loan Payable           $3,000    $2,000

Long-term Liabilities:

Loan Payable          $10,000   $13,000

Data and Calculations:

Dec. 1, 2021, Loan = $15,000

<u>Repayment of Loan:</u>

Date            Repayment  Dec. 31 Balance

Dec. 2021                $0         $15,000

Nov. 2022,      $2,000         $13,000

Nov. 2023,      $3,000         $10,000

Nov. 2024,      $4,000          $6,000

Nov. 2025,      $6,000                 $0

Thus, the loan payable in 2022 and 2023 will be shown under current liabilities in 2021 and 2022, respectively.  The remaining portion will appear under long-term liabilities.

Learn more: brainly.com/question/15188565

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The professor informs the class that there will be a test next week. what is the probability that a randomly selected student st
marusya05 [52]

The probability that students who were randomly selected studied for the test, if they pass it with a B or higher grade is: D. 0.80.

<h3>How to calculate the probability?</h3>

In this exercise, you're required to determine the probability that students who were randomly selected studied for the test, if they pass it with a B or higher grade. Thus, we would apply Bayes's theorem.

  • Let S represent studied for.
  • Let B represent a score of B or higher grade

Therefore, we need to find P(S|B):

S|B = \frac{B|S \times S}{B|S \times S\; +\; B|S' \times S'} \\\\S|B = \frac{0.55 \times 0.6}{0.55 \times 0.6 \;+ \;0.2 \times 0.4}\\\\S|B =\frac{0.33}{0.33 + 0.08} \\\\S|B =\frac{0.33}{0.41}

S|B = 0.80.

Read more on probability here: brainly.com/question/25870256

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<u>Complete Question:</u>

At the beginning of the semester, a professor tells students that if they study for the tests, then there is a 55% chance they will get a B or higher on the tests. If they do not study, there is a 20% chance that they will get a B or higher on the tests. The professor knows from prior surveys that 60% of students study for the tests. The probabilities are displayed in the tree diagram.

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Sodium hypochlorite, naocl, is the active ingredient in household bleach. what is the concentration of hypochlorite ion if 20.00
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The concentration of hypochlorite ion if 20.00 ml of bleach requires 32.00 ml of 0.500 m hcl to reach the equivalence point is: 0.800 M.

<h3>Concentration of hypochlorite ion</h3>

Given:

Ca = concentration/molarity of acid=0.500 M

Va = volume of acid= 32.00 cm3

Cb = concentration/molarity of base=?

VB =volume of base= 20.00 cm3

Hence:

Concentration of hypochlorite ion=0.500 × 0 × 1/ 20.00

Concentration of hypochlorite ion=0.800M

Inconclusion the concentration of hypochlorite ion if 20.00 ml of bleach requires 32.00 ml of 0.500 m hcl to reach the equivalence point is: 0.800 M.

Learn more about Concentration of hypochlorite ion here:brainly.com/question/14038782

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