On February 1, Light Co. received a $20,000, 120 day, 9% note from Dark Co.
The entry made by Light Co. when the note is collected is:

a) Cash 20,000, Notes Receivable 20,000.
b) Accounts Receivable 20,600, Notes Receivable 20,000, Interest Revenue 600.
c) Cash 20,600, Notes Receivable 20,000, Interest Revenue 600.
d) Accounts Receivable 20,600, Notes Revenue 20,000, Interest Revenue 600.

The answer is C.

Explanation:

The year is 360 days.

Annual rate is 9%

Therefore, interest rare for the 120-day is 3%[(120/360) x 9%]

So, the interest on the rate is:

3% x $20,000

$600.

The total amount collected from Dark Co. will be principal + interest

$20,000 + $600 = $20,600

According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.

So we have:

Dr Cash $20,600

Cr: Receivable $20,000

Cr: Interest Revenue $600.

happiness is the correct luck

explanation:

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'