subject
Business, 15.11.2019 01:31 nick5442

On september 1, 2021, daylight donuts signed a $170,000, 8%, six-month note payable with the amount borrowed plus accrued interest due six months later on march 1, 2022. daylight donuts records the appropriate adjusting entry for the note on december 31,2021. in recording the payment of the note plus accrued interest at maturity on march 1, 2022, daylight donuts would: (do not round your intermediate calculations.) multiple cholce a) debit interest expense, $2,267. b) debit interest payable, $2.267 c) debit interest expense, $4,533 d) debit interest expense, $6,800

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:40
Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)
Answers: 2
question
Business, 22.06.2019 20:20
You are the cfo of a u.s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u.s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take
Answers: 2
question
Business, 22.06.2019 22:00
Which of the following is the term for something that you can't live without 1. need 2. want 3. good 4. service
Answers: 1
question
Business, 22.06.2019 22:40
In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.
Answers: 1
You know the right answer?
On september 1, 2021, daylight donuts signed a $170,000, 8%, six-month note payable with the amount...
Questions
question
Mathematics, 29.09.2020 20:01