Answer: PLease see answer below
Explanation:
Date Account title and explanation Debit Credit
Dec 31 Interest receivable $168
2021 Interest revenue $168
Calculation
Interest =Principal x time x rate
= 7,200 x 8% x 3.5 /12(15th september to 31st December)
=$168
Answer:
d. $1,200
Explanation:
The computation of the interest expense is shown below:
= Principal × rate of interest × number of days ÷ (total number of days in a year)
= $80,000× 6% × (90 days ÷ 360 days)
= $1,200
We simply apply the simple interest formula
Since the number of days and the total number of days are given so we considered the same for the computation part.
Answer:
transactional
Explanation:
Transactional leadership includes day-to-day performance and monitoring with respect to the focus on the organization related to the supervision and compliance of rules and regulations via rewards and retribution.
Since in the given situation it is mentioned that they have to clean the houses each day and perform the work accordingly so it would be transactional leadership style
I think D the sales associate performance
Hope this helps :/ :)
