Travis county bank agrees to lend brickyard corporation $200,000 on january 1. brickyard signs a $200,000, 4%, 9-month note. interest is due at maturity on september 30. the company's fiscal year ends june 30 and adjusting entries are recorded at that time only. what adjusting entry should brickyard make on june 30 before preparing its annual financial statements?

Owns a machine that can produce two specialized products. production time for product tlx is two units per hour and for product mtv is four units per hour. the machine’s capacity is 2,100 hours per year. both products are sold to a single customer who has agreed to buy all of the company’s output up to a maximum of 3,570 units of product tlx and 1,610 units of product mtv. selling prices and variable costs per unit to produce the products follow. product tlx product mtv selling price per unit $ 11.50 $ 6.90 variable costs per unit 3.45 4.14 determine the company's most profitable sales mix and the contribution margin that results from that sales mix.