Yes, it is true that businesses are more likely to accept a debit card than a check. Hope this helps!
I believe the answer id D) all of the above.
the reason for this is because when you want to learn a skill you want to be able to actively know the skill and use it at will. you also need to be able to do it in an efficient manner and you also need to understand why you need this skill and why it is important for you to learn it.
i really hope this helped and have a nice day :)
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Answer:
The journal entry which is to be recorded for the dishonored note is shown below:
Explanation:
The journal entry which is to be recorded for the dishonored note is as follows:
Accounts Receivable A/c..............................Dr $2,075
Notes Receivable A/c...................................Cr $2,000
Interest Revenue A/c......................................Cr $75
Being the note which is received got dishonored
As the note got dishonored so the accounts receivable account will be debited against the notes receivable account and the account of interest revenue is also credited.
Working Note:
Interest revenue = Amount of notes receivable × Rate × Months / Total number of months
= $2,000 ×5% × 9/12
= $75
<span>If you were to make more than a dozen cookies assuming that you can't bake them on separate cookie sheets at the same time than of course it will take longer to fill than one-dozen, but even with a discount you are making more of a profit than just selling one-dozen. Keeping the discount to a minimum is key, so possibly offering just 10% orders over one dozen cookies.</span>
Answer:
as a footnote in financial statements or on the balance sheet
Explanation:
A loss contingency can be defined as the situation or occurrence in which there is uncertainty about an entity but that will be resolved when a/some future situation occurs or not.
Simply put, a loss contingency can be said to be loss of an entity that can be resolved later in future by the occurrence or not of an event.
When a loss can be reasonably estimated as seen from the question, it should be written as a footnote on a financial statement or on a balance sheet.
cheers.
