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xenn [34]
2 years ago
9

Which of the following is an investigator’s commitment to the sponsor?

Business
1 answer:
Westkost [7]2 years ago
8 0

Explanation:

sponsors are responsible for selecting qualified investigators providing them with the information they need to conduct an investigation properly ensuring proper monitoring of the investigations ensuring that the Investigations is conducted in accordance with the general investigational plan and protocols

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Ehler Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During th
DaniilM [7]

Answer:

Ehler Corporation

a) Journal Entries:

Sept. 1  Debit Inventory $12,000

Credit 6%, 3-month Notes Payable (Pippen) $12,000)

To record issuance of note to purchase inventory.

Sept.  30 Debit Interest expense $60

Credit Interest Payable $60

To accrue interest expense ($12,000 * 6% * 1/12).

Oct.  1 Debit Climbing Wall $16,500

Credit 8%, 4-month Note Payable (Prime Bank) $16,500

To record issuance of note payable to purchase climbing wall.

Oct.  31 Debit Interest expense $170

Credit Interest payable $170

To accrue interest expense ($60 + $16,500 * 8% * 1/12).

Nov.  1 Debit Vehicle $26,000

Credit Cash $8,000

Credit 6%, 12-month Note Payable $18,000

To record the purchase of a new vehicle for climbers.

Nov.  30 Debit Interest expense $260

Credit Interest payable $260

To accrue interest expense ($170 + $18,000 * 6% * 1/12).

Dec.  1 Debit 6% Notes Payable (Pippen) $12,000)

Debit Interest payable $180

Credit Cash $12,180

To record the payment of principal and interests.

Dec.  31 Debit Interest expense $200

Credit Interest payable $200

To accrue interest expense ($110 + $90)

b) T-accounts:

Notes Payable

Date      Account Titles            Debit      Credit

Sept. 1    Inventory                                 $12,000

Oct.  1    Climbing Wall                             16,500

Nov.  1    Vehicle                                      18,000

Dec.  1    Cash                       $12,000

Dec. 31  Balance                   34,500

Interest Payable

Date       Account Titles            Debit      Credit

Sept.  30 Interest expense                          $60

Oct.  31    Interest expense                           170

Nov.  30  Interest expense                          260

Dec.  1     Cash                            $180

Dec.  31   Interest expense                         200

Dec. 31   Balance                       $510

Interest Expense

Date       Account Titles            Debit      Credit

Sept.  30 Interest payable           $60

Oct.  31    Interest payable            170

Nov.  30  Interest payable           260

Dec.  31   Interest payable           200

Dec. 31   Income summary                     $690

c) Balance Sheet:

Current liabilities:

Interest payable          $510

Notes payable       $34,500

d) Total interest expense = $690

Explanation:

a) Data and Analysis:

Sept. 1  Inventory $12,000 6% Notes Payable (Pippen) $12,000) to purchase inventory. The 3-month note payable

Sept.  30 Interest expense $60 Interest payable $60 ($12,000 * 6% * 1/12)

Oct.  1 Climbing Wall $16,500 8%, 4-month Note Payable (Prime Bank) $16,500

Oct.  31 Interest expense $170 Interest payable $170 ($60 + $16,500 * 8% * 1/12)

Nov.  1 Vehicle $26,000 Cash $8,000 6%, 12-month Note Payable $18,000

Nov.  30 Interest expense $260 Interest payable $260 ($170 + $18,000 * 6% * 1/12)

Dec.  1 6% Notes Payable (Pippen) $12,000) Interest payable $180 Cash $12,180

Dec.  31 Interest expense $200 Interest payable $200

3 0
3 years ago
How can social media endanger the safety of military service members and journalists?
viktelen [127]

Answer:

"GPS technology may accidentally leak confidential information about the location."

Explanation:

A good case in point was a watch tracking service that leaked classified GPS coordinates of our military servicemen and women's location. It jeopardized our ability to effectively operate in a foreign land without notice of occupied territory.

In this question, it places our military and journalists at risk because they know where they are at and so forth.

5 0
3 years ago
After meeting with your new client, you prepared his statement of financial position and pie charts. Which part of the financial
yuradex [85]

Answer:

Analyzing the client's personal and financial circumstances.

Explanation:

The Financial Planning process is the process involved in planning and formulating certain strategies for the client. The professionals' design plannings and strategies based on the financial situation of the client. They consider every aspect of the financial situation of the client. There is a total of six steps involved in the planning process. Analyzing and evaluating the financial status of the client comes under the third step.

8 0
3 years ago
how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?​
Vikentia [17]

Answer:

A larger industrial and service sector, and a larger number of people working outside of agriculture, can indicate a higher level of industrialization in the economy and vice versa. This means that the size of industrial service and the sector of agriculture employment rate indicates the level of industrialization because if the agriculture employment is higher than the industrial service it means that the country is not fully developed yet and therefore the level of industrialization is lower. But if the industrial service is higher than the agriculture employment that suggests or indicates that the country is developing or developed. For example in the United States the size of the industrial/service sector is much larger than it's agricultural employment and therefore this should suggest that country is much more industrialized or developed and the United States is. In comparison you take a developing country such as Chad and you can see that the agricultural employment is higher than the size of the industrial/service sector and in relation to this you can see that Chad must have a lower level of industrialization and in fact it does.

Explanation:

8 0
3 years ago
The economic growth demonstrated by this recruitment letter was primarily a result of —.
Lorico [155]

The economic growth in the recruitment letter was demonstrated as a result of industrial production.

<h3>What is economic growth?</h3>

A stable uplift in the economic conditions, in comparison to the previous economic period(s), is regarded as an economic growth. It is driven by many external factors.

In the recruitment letter, it was found that the increase in the industrial productivity led to extreme economic growth in the United States of America.

Hence, the reasons for the economic growth have been aforementioned.

Learn more about economic growth here:

brainly.com/question/11679822

#SPJ4

4 0
2 years ago
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