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2 years ago

What increases your total loan balance interest accrual or interest capitalization?

1 answer:

4 0

When it comes to the calculation of a loan balance, the factor that increases this amount is the interest capitalization. 

Interest capitalization:

Is unpaid interest that has accumulated.
Is added to the loan principal.

As a result of this unpaid interest being added to the loan balance, the loan will increase in size and the interest will then be calculated using this new balance thereby increasing the interest payments as well.

In conclusion, the answer is interest capitalization.

Find out more on interest capitalization at brainly.com/question/16340851.

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Which accurately describes the terms of this mortgage? Check all that apply.

vredina [299]

Answer: 3, 4, 5.

3. Monthly payments must be made for 30 years.

4. The annual interest rate is 4.8 percent.

5. The homeowner is borrowing $200,000.

Explanation:

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3 years ago

Teach for america works to solve which societal problem

aniked [119]

Teach for america works to solve the problem of educational inequality. Teach for Americaâ€™s network includes more than 10 00corps members teaching in 46 regions across the country. Teach for America corps members are as effective as- an in some cases more effective than- other teachers. They are funded by contritbutions from business, foundations, government ogranizations , and individuals in the regions where corps members teach.

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4 years ago

The inventory costing method that reports the earliest costs in ending inventory is:_______

nikdorinn [45]

Answer:

a. LIFO.

Explanation:

The LIFO method refers to an inventory method that means the item which is last purchased should be sold first during the period of time. So in this inventory method the earliest cost in the closing inventory should be recorded

Therefore the given situation, the correct option is a.

And, the other options are wrong

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3 years ago

In preparing Tywin Company's statement of cash flows for the most recent year, the following information is available: Purchase

soldier1979 [14.2K]

Answer:

-$264,000

Explanation:

The net cash flows from investing activities for the year is presented below

Cash flow from investing activities

Purchase of equipment -$260,000

Proceeds from the sale of equipment $87,000

Purchase of land -$91,000

Net cash flow used by investing activities -$264,000

The purchase is a cash outflow so it would be shown in a minus sign whereas sales is a cash inflow so it would be added

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4 years ago

1/1/2019 sally miller purchased $500 of merchandise on account; the cost of the item is $310

timofeeve [1]

Solution and Explanation:

date Particulars Debit Credit

1st january, 2019 Account receivable 500

Sales revenue 500

(To record sales on account)

Cost of goods sold 310

Merchandise inventory 310

(To record cost of goods sold)

31st january, 2019 Notes receivable 500

Accounts receivable 500

(To record notes receivable for the 60 days at the rate of 6 percent)

1st April, 2019 Allowances for Doubtfull accounts 500

Notes receivable 500

(In order to write off Sally Millers account, no interest revenue is to be recognised)

2nd May, 2019 Notes receivable 500

Allowances for doubtful debts 500

( in order to record re-instatement)

2nd May, 2019 Cash 507.50

Notes receivable 500

Interest revenue 7.5

( In order to record the payment received)

3 0

3 years ago