Reeves Company had the following related to Notes Receivable. They close their books on 31st July therefore any interest owed should be accrued. Date
Apr 16 Jan 25
i. ii. iii.
Maker
Flower Ltd Petal Inc
Face Term Interest
$18,000 120-days 9% $30,000 6-month 10%
On July 1 loaned $27,000 cash to Lily Low on a 9-month, 10% note. On July 15 Flower Ltd paid the amount due in full.
On July 24 Petal Inc note has been dishonored.
Journalize the July transactions.

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies

Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?