Far Away Inc. borrowed $120,000 on October 1 by signing a note payable to Area One Bank. The interest expense for each month is $700. The loan agreement requires Far Away Inc. to pay interest on December 31.
1. Make Far Away Inc.'s adjusting entry to accrue interest expense and interest payable at October 31, at November 30, and at December 31. Date each entry
and include its explanation
2. Post all three entries to the Interest Payable account.
3. Record the payment of three months' interest at December 31.

the answer to this question would be shared investment

answerorganizational language;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.