Record the following transactions for monty corp. in the general journal. (credit account titles are automatically indented when amount is entered. do not indent manually. record journal entries in the order presented in the problem.) 2020 may 1 received a $18,450, 12-months, 12% note in exchange for mark chamber’s outstanding accounts receivable. dec. 31 accrued interest on the chamber note. dec. 31 closed the interest revenue account. 2021 may 1 received principal plus interest on the chamber note. (no interest has been accrued in 2021.)

Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.