Exercise 3-10 whispering resort opened for business on june 1 with eight air-conditioned units. its trial balance on august 31 is as follows. whispering resort trial balance august 31, 2017 debit credit cash $24,100 prepaid insurance 9,000 supplies 7,100 land 30,000 buildings 130,000 equipment 26,000 accounts payable $9,000 unearned rent revenue 9,100 mortgage payable 70,000 common stock 105,500 retained earnings 9,000 dividends 5,000 rent revenue 86,200 salaries and wages expense 44,800 utilities expenses 9,200 maintenance and repairs expense 3,600 totals $288,800 $288,800 other data: 1. the balance in prepaid insurance is a one-year premium paid on june 1, 2017. 2. an inventory count on august 31 shows $432 of supplies on hand. 3. annual depreciation rates are (a) buildings (4%) (b) equipment (10%). salvage value is estimated to be 10% of cost. 4. unearned rent revenue of $3,986 was earned prior to august 31. 5. salaries of $404 were unpaid at august 31. 6. rentals of $840 were due from tenants at august 31. (use accounts receivable account.) 7. the mortgage interest rate is 8% per year. journalize the adjusting entries on august 31 for the 3-month period june 1–august 31. (round answers to the nearest whole dollar, e. g. 5,275. credit account titles are automatically indented when amount is entered. do not indent manually. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts.)

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711. 

a bag with lamp

explanation:

because when in dark, our handbag would be hard to find, so when we switch on the light using thw remote, the bag would be easy to find