Business, 22.04.2021 15:50 ayoismeisalex
Nash's Trading Post, LLC borrowed $37000 from the bank signing a 4%, 3-month note on September 1. Principal and interest are payable to the bank on December 1. If the company prepares monthly financial statements, the adjusting entry that the company should make for interest on September 30, would be: A debit Interest Expense, $123; credit Interest Payable, $123. B debit Note Payable, $1480; credit Cash, $1480. C debit Interest Expense, $1480; credit Interest Payable, $1480. D debit Cash, $369; credit Interest Payable, $369.
Answers: 1
Business, 21.06.2019 23:30, trinitieu66
Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.
Answers: 3
Business, 22.06.2019 00:30, joshdunsbuns143
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Business, 22.06.2019 09:00, nadiarose6345
Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?
Answers: 2
Business, 22.06.2019 21:30, sarahelisabeth444
China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.
Answers: 3
Nash's Trading Post, LLC borrowed $37000 from the bank signing a 4%, 3-month note on September 1. Pr...
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