on july 1, bahama excursions issues a $100,000, eight-month, 6% note. interest is payable at maturity. what is the amount of interest expense that the company would record in a year-end adjusting entry on december 31?

Answers

Answer 1

3000 is the amount of interest expense that the company would record in a year-end adjusting entry on december 31.

What is the amount of interest expense?

On july 1, bahama excursions issues a $100,000, eight-month, 6% note. interest is payable at maturity

Maturity date equals March 1 plus July 1 plus 8 months.

Total interest earned at maturity is equal to =100,000 (0.06)(8/12) = 4000

As of December 31, there were 6 months.

As a result, the following equation gives the amount of interest expense that the corporation would report in a year-end adjustment on December 31:

4000/8 *6  = 3000

3000 is the amount of interest expense that the company would record in a year-end adjusting entry on december 31..

To learn more about amount of interest expense refer to:

https://brainly.com/question/21273548

#SPJ4


Related Questions

Sara would like to open a bank account. What will she need to do this? Choose three answers.

identification card
high school diploma
money to start the account
birth certificate
proof of address

Answers

Answer:

identification card, money to start the account, and proof of address.

Explanation:

She will need Identification card, Minimum Money and Proof of address.

Any financial institutions such as banks and Insurance industry are mandated to collect information about their prospective client before giving them an account.

Most of the banks will ask Sara to provide the her Social Security number, Valid photo ID and Minimum opening deposit which varies from banks to banks.

In conclusion, Sara will need to provided her Identification card, Money to start and Proof of address.

Read more on this here

brainly.com/question/7646667

Sylvia owns a large media firm. she organizes a lunch meeting to announce a minor change in the management hierarchy to her all employees. which type of communication has Sylvia used?
A. Interpersonal communication
B. departmental communication
C. interdepartmental communication
D. Company – wide communication

Answers

Answer:

D: Company:)

Explanation:

According to the video, what tasks do Traffic Technicians commonly perform? Check all that apply.

setting the length of time a light stays red
operating large vehicles
counting vehicles
making sure a road crew is protected
analyzing accident reports
campaigning for transportation laws
negotiating with police officials

Answers

Answer:

1

3

4

5 is correct

Explanation:

the length of time a light remains red, counting vehicles, reviewing accident data, and advocating for traffic rules are some of the activities that traffic technicians frequently carry out, according to the video.

What do you know about the Traffic Technicians ?

A qualified individual who examines and manages traffic as well as the variables affecting traffic conditions is a traffic technician. They review a range of traffic-related data at the direction of a traffic or civil engineer to assist in enhancing traffic flow.

A traffic technician is a specialist that works in the area of transportation engineering and is in charge of managing and evaluating traffic patterns and flow. They have a thorough understanding of how vehicles, pedestrians, and bicycles behave on the road, and they use this expertise to the design and implementation of traffic management systems that guarantee the safe and effective movement of people and commodities.

Learn more about the Traffic Technicians , from :

brainly.com/question/14632615

#SPJ3

Oliver Is a small manufacturing business owner. He has a limited number of employees working under him. He usually helps his employees with
their respective insecurities and helps them grow. He thus inspires his employees to work better. Which character tralt helps Oliver be a good
entrepreneur?
OA aggression
OB. timeliness
oc creativity
OD. Intuitiveness
OE. confidence

Answers

Answer:

Confidence

Explanation:

For example, if you want to be a good student be confindent because one day you will succeed,  Oliver has confindence knowing he can help his empolyees.

Q-mart failed to include inventory that was kept in a separate warehouse in its 12/31 end-of-the-period inventory count. Consequently, the ending inventory on 12/31 was understated on the balance sheet. Explain how this error will effect the income statement. (Check all that apply.) Multiple select question. The current year's cost of goods sold will be too low. The current year's cost of goods sold will be too high. The current year's net income will be too high.

Answers

Answer:

The current year's net income will be too low.

The current year's cost of goods sold will be too high.

Explanation:

1. As we know that the net income would be based upon the ending inventory as the Q-mart made an error by not recognizing the inventory that should be kept in a separate warehouse so it reduce the inventory due to which the net income would be less.

2. The cost of goods sold would be determined by having a comparision of total revenues generated and total expenses incurred as Q-mart understated the inventory so the balance sheet would reflect the high amount of cost of goods sold

Scenario D. Jefferson, the chief executive officer of Midwestern Thermal Systems, decides to explore the idea of opening an office in China and speaks to his chief financial officer, Maria, about it. She pays careful attention to everything he says and restates everything to Jefferson to make sure that she accurately understands his plans. Some employees learn of the plans from their managers, and some of these employees begin spreading the information to other colleagues. Maria listened to everything Jefferson said and restated everything to him to make sure that she accurately understood his plans. The technique used by Maria is known as

Answers

Answer:

Reflection

Explanation:

In simple words, An exchange of thoughts is what reflective conversation is. It simply emphasizes, reflects, and demonstrates what someone is feeling, inferring, comprehending, or attempting to say. In essence, the child discovers that their individual really cares for them. It is extremely beneficial to their behavioral as well as emotional growth

Thus, from the above explanation we can conclude that the given case relates to reflection technique.

anyone like jschlatt here

Answers

Personally never knew he existed till yesterday, and I gotta say he is a very funny man.

Answer: yes.

Explanation:

cause he's amazing, he's jschlatt, and he's awesome

thank you for coming to my TedTalk :)

Francis has an internship at a law firm, takes an art class, and researches colleges that offer majors in veterinary science. Which of these actions increases Francis's human capital?
A.
both the internship and the research
B.
only the internship
C.
both the internship and the art class
D.
only the research

Answers

Answer: C. both the internship and the art class

Explanation:

Human capital simply means the economic value of the skills and the experience of a worker. Human capital includes the training, health, skills, education, of workers.

From the question, Francis human capital will be both the internship and the art class as they will provide him with the needed experiences. Therefore this is a form of human capital.

I need money :/ how do you make an online business

Answers

You could sell things on Etsy

Answer:

get a job. invest on the job you have then quit and start selling products

Lifelong Learning( Veronica takes advantage of all training opportunities offered at her job. She registered and attended workshops on diversity, cultural awareness, computer programs, etc...)This is an example of a ... *

Answers

Answer:

Lifelong Learning

Explanation:

This is an example of Lifelong Learning. This term refers to when an individual pursues knowledge in any and all shapes and forms from their own free will. This means that they are voluntarily going after knowledge and taking every opportunity to learn more without being forced to do so. Usually, because they believe that knowledge is power and want to learn because they like to do so. This is exactly, what Veronica is doing by taking full advantage of any opportunity that becomes available for her to learn any new skill.

Texas V. Johnson questioned the meaning of symbolic speech and its rights

True
False

Answers

Answer:

True

Explanation:

The text portion of the writing contains word for word the question.  

De los componentes de la Matriz DOFA, cuál elemento se define como las acciones externas de otros actores, que afectan negativamente la empresa. Las oportunidades Las Fortalezas Las Debilidades Las amenazas

Answers

Answer:

D). Las amenazas

Explanation:

El análisis 'FODA' es el examen de las diversas 'fortalezas, debilidades, oportunidades y amenazas' subyacentes a una empresa. Estos factores se han dividido además en factores internos y externos. Los factores internos incluyen fortalezas junto con debilidades, mientras que los factores externos consisten en amenazas potenciales y oportunidades futuras que se pueden aprovechar.

Según la pregunta, los factores externos que pueden afectar negativamente al negocio serían las 'amenazas' porque si no se abordan adecuadamente a tiempo, pueden generar pérdidas, afectar negativamente las opiniones y demandas de los consumidores, y mucho más. Estos factores se denominan externos ya que afectan al negocio de fuentes externas como un déficit o problema en el buen funcionamiento de la cadena de suministro, cambios repentinos en las necesidades del mercado, escasez de insumos, clima, caída de la economía, etc. Así, la opción D es la respuesta correcta.

Which rules are part of referential integrity? Check all that apply.
The tables must use a junction table
The primary table must have a primary key
The tables must belong to the same database.
The related fields should have the same data type.
The related fields should be combined as a composite key.
The destination table must be linked through its primary key

Answers

Answer:

B. The primary table must have a primary key.

C. The tables must belong to the same database.

D. The related fields should have the same data type.

Explanation:

The answers are given below.

B. The primary table must have a primary key.C. The tables must belong to the same database.D. The related fields should have the same data type.

Which rules are known as entity integrity and referential integrity?

Referential integrity is based on entity integrity. Entity integrity requires that each entity have a unique key. For example, if every row in a table represents relationships for a unique entity, the table should have one column or a set of columns that provides a unique identifier for the rows of the table.

What are the rules of referential integrity?

A referential integrity rule is a rule defined on a key (a column or set of columns) in one table that guarantees that the values in that key match the values in a key in a related table (the referenced value).

Learn more about referential integrity here https://brainly.com/question/17128955

#SPJ2

As a sales manager for GooGooLi Corporation, you have asked your sales analytics team to provide you with a predictive model of the factors that can help you predict the sales for the next quarter. In the report, your sales analytics experts have developed a new regression model that can explain the variation in quarterly sales better than the previous model. You decide to verify this by comparing the results of the new model (that explains sales variation better) with the older model. You expect to see the ________ for new model to be _________ than the old model.

Answers

Answer:

As a sales manager for GooGooLi Corporation, you have asked your sales analytics team to provide you with a predictive model of the factors that can help you predict the sales for the next quarter. In the report, your sales analytics experts have developed a new regression model that can explain the variation in quarterly sales better than the previous model. You decide to verify this by comparing the results of the new model (that explains sales variation better) with the older model. You expect to see the R-square for new model to be higher than the old model.

Explanation:

As the R square is the coefficient of the variation and it determines the percentage of explained variability of the data. It should be higher as the new model is the best fit to the data.

Who knows about the College called.. IAP ?

Would you guys recommend it, or not?

Because right now, I’m in high school but I’m almost going to graduate. And there’s so many ppl that I know that want to go to community colleges and so I don’t know what to do because what I want to do, you don’t need a degree and the college that I want to go to, you are there part time, either online or in person but the problem is .. how do I know if it’s a scam or not? Because the answer is I don’t. I’ve been wanting to go here because you can get whatever course you want done fast and they help you get the job that you want ASAP, which it’s like 6-12 weeks to complete your courses. And the other reason why I want to go here is because it’s a fair price for each course you want to take. It makes sense though I guess because all of those courses for that college, you don’t need a degree but they help you get the job that you want after you take those courses, and I think that’s cool but.. like I said, I don’t know if it’s a scam or not. That’s why I’m asking on here (lol) because people that I know, family, and my friends, no one knows about this college and I don’t want to get my hopes up knowing if it’s a scam, why even try getting into this college. If I make sense. Hope you guys can help me out. It’ll mean a lot, thank you :) .

Also, I give Brainliest for whoever wants it!

Please no links

Answers

i do not know about the college called IAP

neither because i have not read any reviews

i’m up for brainliest

1.____What auto car insurance is required by IL?
A. Property Damage and Bodily Injury
B. Collision and Comprehension
C. Medical and Schmedical
D. All the above

Answers

i’m pretty sure the answer is A! not 100% tho!
Auto Insurance: It is a contract between two parties of which is the insurer, and the other one is insured. An insurer is a person who agrees to pay the insured in any unforeseen circumstances like accidents, thefts, property damage, etc. In case of auto insurance, the insurance company takes the responsibility of all the damages which are done to the holder of the auto or the auto, but it does not take the responsibility of any legal damage to the insured.

Someone help me please.... I really appreciate

Answers

Personal goal: A personal goal I have is to be and active citizen to my community. Help others, pick up trash.

High school Goal: My high school goal is to graduate, so I can get into and Ivy League school.

Financial goal: My goal is to have enough money for my college tuition.

Leanna opens a savings account with an initial balance of $100. She then deposits $50 each month. Use an equation, a table, and a graph to explain the relationship between the amount of money in the account, a, and the number of months since Leanna opened the account, m.

Part A Write an equation to represent the problem. Explain how the value of a changes as m increases.

Part B Make a table to show the relationship between m and a. Find 5 ordered pairs.

Part C Use your table from Part B to draw a graph to represent the situation.​

Answers

Answer:

Leanna opens a savings account with an initial balance of $100. She then deposits $50 each month. Use an equation, a table, and a graph to explain the relationship between the amount of money in the account, a, and the number of months since Leanna opened the account, m.

Part A Write an equation to represent the problem. Explain how the value of a changes as m increases.

Part B Make a table to show the relationship between m and a. Find 5 ordered pairs.

Part C Use your table from Part B to draw a graph to represent the situation.

What is the primary goal of relationship selling?

A. to foster rapport

B. to encourage repeat purchases

C. to create brand ambassadors

D. to track buying habits

Answers

Answer:

to encourage repeat purchases

So B

To encourage repeat purchases

Savings Goals

Using post-it notes, small pieces of paper, or a piece of scrap paper, brainstorm specific savings goals you would like to meet. These goals can vary from small (saving for a new pair of sunglasses) to big (saving for college). Aim to come up with at least 15-20 ideas.

Answers

Answer:

I am sorry fam this won't be an answer to your question, but I figured out how to see the answers on brainly for ya'll that don't have premium. You just need to right click on the page of your question and then click on "view page source" for me the shortcut is ctrl+ U. I don't know about yall's. when you do that it will open up a weird looking page then you want to scroll down, what you wanna focus on are the black letters, the others will be colored red or blue or whatever just focus on the black letters. It just gonna show you the answer and the comments too. Your welcome pudgy boi.

Explanation:

Sshheeeeeeshh

Jeannine and Ryan, have both been working full-time jobs for many years. They are about to adopt three siblings and are trying to decide if they are both going to keep working. What disadvantage will they likely experience if they choose a single income option?

A.
They will have higher costs for childcare.

B.
They will have a greater amount of financial income.

C.
They will have less time to spend with their new baby.

D.
They will have less disposable income.

Answers

Answer: D

Explanation:

Answer: They will have less disposable income.

Alex

Info:

| 22 yrs old; pre-tax income

= $35,000; $0 savings;

saves $200/month

How much will

they need to

retire at age 67?

Answers

Answer:

hello your question lacks some vital information hence I will make valid assumptions to aid the solution

answer : $583333.33

Explanation:

22 yrs old

pre tax income = $35,000 per year

savings = $200/month

Determine how much you will need to retire at 67

lets assume : Interest rate = 6% per annum

annual withdrawable amount per year after retirement = $35,000

∴ amount to be saved up by 67 years = 35,000 / 6% = $583333.33

hence amount needed to retire at age 67

target amount = $583,333.33

interest rate = 6%

number of years = 67 - 22 = 45

savings per year needed = 583,333.33 / 45 = $12962.96

Note : saving $200 per month would not give the required amount needed to retire at age 67

The required monthly savings =  12962.96 / 12 = $1080.25

Economic justice was not a mainstream concept before the Great Depression. The predominant economic theory advocated a laissez-faire market philosophy in which markets would fix themselves through unregulated cycles. With the development of industrialization, business cycles became more and more extreme with dire consequences for ordinary people. With the Great Depression, some began to advocate for a change in philosophy.
Match the following advocates with the policy for which they advocated.

Advocates:
John Maynard Keynes
Upton Sinclair
the U.S. Supreme Court
Huey Long

Policies:
"Share the Wealth" movement
large-scale government spending
cooperative ventures

Answers

Answer:

1) "Share the Wealth" movement:

[Huey Long]

2)large-scale government spending:

[John Maynard Keynes]

3) cooperative ventures:

[Upton Sinclair]

Explanation:

The Great Depression which was at its peak arround 1930s was regarded as

severe worldwide economic depression which started from United States. In some other countries it started arround 1929. Some advocates advocated some policy for change in philosophy after this, some of the advocates are;

1) Huey Long that as advocates for "Share the Wealth" movement" which started in the year 1934, Huey Long was governor in U.S, and he later became a Senator at Louisiana, his policy was that economy must be stimulated and stressed that there should be massive federal spending as well as wealth redistribution.

2)John Maynard Keynes : in his movement arround

year 1934 call the state for utilization of idle factories as well as land that cooperative ventures has to support the economy

In general, reducing the interest rate (i) of a credit card but keeping the present value (PV) and number of periods (n) the same will_______.
a.) decrease the monthly payment (P) needed to pay off the debt.
b.) increase the monthly payment (P) needed to pay off the debt.
c.) eliminate the monthly payment (P) needed to pay off the debt.
d.) have no effect on the monthly payment (P) needed to pay off the debt.

Answers

Answer:

A. decrease the monthly payment (P) needed to pay off the debt.

i took the test⬇️

Answer:

a

Explanation:

1. When the quantity supplied is larger than the quantity demanded.: When the quantity supplied is larger than the quantity demanded. 2. The quantity that is supplied and demanded at the equilibrium price.: The quantity that is supplied and demanded at the equilibrium price. 3. The point at which the quantity supplied equals the quantity demanded.: The point at which the quantity supplied equals the quantity demanded. 4. The price that equates the quantity supplied with the quantity demanded.: The price that equates the quantity supplied with the quantity demanded. 5. When the quantity demanded is larger than the quantity supplied.: When the quantity demanded is larger than the quantity supplied. Column B a.Equilibrium Price b.Excess Supply c.Equilibrium d.Excess Demand e.Equilibrium Quantity

Answers

Answer:

1. b.Excess Supply

2. e.Equilibrium Quantity

3. c.Equilibrium

4. a.Equilibrium Price

5. d.Excess Demand

Explain the point of view of why the gender pay gap in sports is reasonable.
Please also list any sources used.

Answers

Answer:

In the world of sports, there is a notorious wage gap between men and women, in which male athletes earn much higher wages than women. Thus, for example, the best soccer player in the world, the Argentine Lionel Messi, earns about $ 100 million a year, while the best-paid female soccer player is the American Alex Morgan, who earns about $ 500,000 a year.

This huge gap has its logic in the world of advertising: men, due to physical and anatomical characteristics, have a better performance in sports in general (with some exceptions), with which their performance is more spectacular than that of female athletes, thus generating a larger audience and, therefore, generating higher advertising revenue. Because of this situation, that is, to generate higher income, it is that male athletes earn more money than female athletes.

The movement of parts from one area of the factory to another is considered a value-added activity whereas the storage of raw materials is considered a non-value activity.

Answers

Answer:

TRUE

Explanation:

Value can be defined as the thing for which an customer is willing to pay the price. It is the activity on any shop floor or business for delivering the product or service to the customer for which the customer is ready to pay the price for it.

If the customers does not wish to pay the price, then there is no value.

So inside a factory, in a shop floor, moving a part from one place to another for making a product that the customer is willing to pay is a value added activity. But excess movement or transportation of product does not any value to it, it is then considered as a waste.

Also storing of products is a non value activity as storing a product will not help the customer in any way and a customer will not pay for a product when it is stored and is of no use to the customer.

Apr. 8 Sold merchandise for $9,500 (that had cost $7,021) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $7,400 (that had cost $4,795) and accepted the customer's Continental Card. Continental charges a 2.5% fee. Prepare journal entries to record the above credit card transactions of Levine Company. (Round your answers to the nearest whole dollar amount.)

Answers

Answer and Explanation:

The journal entries are shown below:

On April 8  

Cash   $9,120

Credit card expense   $380 ($9,500 × 0.04)

             To Sales  $9,500

(Being sale is recorded)

Costs of goods sold  $7,021

       To Merchandise inventory    $7,021

(Being the cost of goods sold is recorded)

On April 12

Cash   $7,215

Credit card expense   $185 ($7,400 × 2.5%)

             To Sales  $7,400

(Being sale is recorded)

Costs of goods sold  $4,795

       To Merchandise inventory    $4,795

(Being the cost of goods sold is recorded)

Which interface element is context sensitive, depending on what object is currently open?

the ribbon
the title bar
the template
the database format

Answers

Answer:

the ribbon

Explanation: edge2021

i need help with this problem
thank you in advanced

Answers

Answer:

Price will decrease when supply increases. Supply will increase when. Quantity exchanged will increase when supply decreases

Other Questions
When Marcus garvey was in his twenties he toured Central America and witnessed oppression of migrat workers an experienced that Which list contains degree measures that cannot be the angle measures of a triangle? A. 37, 40, 103 B. 51, 88, 41 C. 45, 90, 45 D. 55, 102, 33 If the model spacecraft were made ONLY out of plastic (no other materials) would it be repelled by the magnet launcher?yes or no? This angle cuts out 1/4 of the circle. Find the measure of the angle. A key difference between the APV, WACC, and FTE approaches to valuation is: how debt effects are considered; i.e. the target debt to value ratio and the level of debt. how the initial investment is treated. how the ratio of equity to debt is determined. how the unlevered cash flows are calculated. whether terminal values are included or not. What do you do if like a girl? 100 points!!!! I need a thesis statement for the story "The Interlopers" HELP history question. NO FAKE ANSWER. ANSWERS FOR POINTS, OR LINK OR I WILL HAVE UR ACC BANNED i gotta finish missing work, i'll give brainliest to whoever answers right (NO FAKE LINKS PLS) Use the geometric mean to find the value of e Explain the demand and supply of resources. All waves change speed when they enter a new medium, but they don't always bend. When does bending occur? A machine costing $450,000 with a four-year life and an estimated $30,000 salvage value is installed by Lux Company on January 1. The factory estimates the machine will produce 1,050,000 units of product during its life. It actually produces the following units for the first 2 years: year 1, 260,000; year 2, 275,000. What is the depreciation amount for year 2 under the double declining balance method what is the weather in Ireland? 35 POINTS! Write an acrostic poem with the theme Earth Day the word you have to write is 'Earth Day". Leland hit the target 45 times in 50shots using a bow and arrow. Basedon his first 50 shots, what would be areasonable prediction of the numberof times Leland would hit the targetin 200 shots? please answer before 11 What is the answer please help no links I will report Can someone help me write and solve an equation to this word problem : A seventh grade class sells gift cards. Each gift card sells for $15.00. The school library gets 35% of the money earned for each gift card sold. How much money does the library get if the class sells 500 gift cards help please it needs to be don by 4:00