Moss county bank agrees to lend the allenson brick company $200,000 on january 1. allenson brick company signs a $200,000, 6%, 9-month note.

the entry made by allenson brick company on january 1 to record the proceeds and issuance of the note is

a. interest expense 9,000
cash. 191,000
notes payable 200,000
b. cash 200,000
notes payable 200,000
c. cash 200,000
interest expense 9,000
notes payable 209,000
d. cash 200,000
interest expense 9,000
notes payable 200,000
interest payable 9,000

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

Which two of the following are benefits of consumer programs

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is