Business, 27.03.2020 01:27 aubreyfoster
The following transactions took place for Smart Solutions Inc. 2017 a. July 1 Loaned $66,000 to an employee of the company and received back a one-year, 8 percent note. b. Dec. 31 Accrued interest on the note. 2018 c. July 1 Received interest on the note. (No interest has been recorded since December 31.) d. July 1 Received principal on the note. Required: Prepare the journal entries that Smart Solutions Inc. would record for the above transactions
Answers: 2
Another question on Business
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
Business, 23.06.2019 00:30
Anational survey asked people, "how often do you eat out for dinner, instead of at home? " the frequencies were as follows.
Answers: 2
Business, 23.06.2019 00:40
Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 2
Business, 23.06.2019 04:40
Which is not true of birthday and/or annual review automatics? a. the purpose is to trigger a telephone call for a face-to-face meeting.b. quarterly automatic contacts decrease cross-sales and lead to reduced referrals.c. you are expected to stay in touch with all your active prospects and clients through two personal contacts each year?
Answers: 1
You know the right answer?
The following transactions took place for Smart Solutions Inc. 2017 a. July 1 Loaned $66,000 to an e...
Questions
Biology, 12.08.2020 07:01
Physics, 12.08.2020 07:01
Computers and Technology, 12.08.2020 07:01
