Business, 02.12.2021 04:20, firstone04kr
Interest on Craig’s Notes Payable has been incurred, but not recorded or paid. The interest that has been incurred is calculated as principal multiplied by the interest rate multiplied by the time period ($8,000 x 10% x 1/12 = $66.66). Interest Expense of $66.66 must be recorded as an accrued expense and Interest Payable, a liability, recorded for the amount that Craig is obligated to pay later. So an adjusting entry is needed to bring accounts up to date at December 31.
Answers: 3
Business, 21.06.2019 17:40, alyssamiller401
Which of the following is the least risky? collectables stock savings bond savings account
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Business, 22.06.2019 00:40, Dailyn
Eileen's elegant earrings produces pairs of earrings for its mail order catalogue business. each pair is shipped in a separate box. she rents a small room for $150 a week in the downtown business district that serves as her factory. she can hire workers for $275 a week. there are no implicit costs. what is the marginal product of the second worker?
Answers: 3
Business, 22.06.2019 11:40, keke6361
On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.
Answers: 1
Interest on Craig’s Notes Payable has been incurred, but not recorded or paid. The interest that has...
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