subject
Business, 03.12.2019 22:31 kaitie60

As interest is recorded on an interest-bearing note payable, the interest expense account . increased and the notes payable account is increased. b. increased and the interest payable account is increased. c. increased and the notes payable account is decreased. d. decreased and the interest payable account is increased.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 18:00, tifftiff22
On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?
Answers: 1
image
Business, 22.06.2019 23:10, hannah2757
Until recently, hamburgers at the city sports arena cost $4.70 each. the food concessionaire sold an average of 13 comma 000 hamburgers on game night. when the price was raised to $5.40, hamburger sales dropped off to an average of 6 comma 000 per night. (a) assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. (b) if the concessionaire had fixed costs of $1 comma 500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit.
Answers: 1
image
Business, 23.06.2019 04:00, queenkimm26
How do i make quick money as a 13 year. old with no alouence.
Answers: 1
image
Business, 23.06.2019 04:40, CaleWort92
Which is not true of birthday and/or annual review automatics? a. the purpose is to trigger a telephone call for a face-to-face meeting. b. quarterly automatic contacts decrease cross-sales and lead to reduced referrals. c. you are expected to stay in touch with all your active prospects and clients through two personal contacts each year?
Answers: 1
You know the right answer?
As interest is recorded on an interest-bearing note payable, the interest expense account . increase...

Questions in other subjects:

Konu
English, 02.02.2022 14:30