Answer:
The entry should be:
c. Debit Cash $45,731.25; credit Interest Revenue $731.25; credit Notes Receivable $45,000
Explanation:
Jasper makes a cash loan to Clayborn Co.. This is a Notes Receivable of Jasper.
The amount of the loan is $45,000
Tern of the loan is 90-day and interest rate is 6.5%
The interest amount Jasper receives on maturity date:
$45,000 x 6.5% x 90/360 = $731.25
The entry should be:
Debit Cash $45,731.25
Credit Interest Revenue $731.25
Credit Notes Receivable $45,000
The amount I would have at the end of 3 years is $133.10.
<h3>How much would I have at the end of the 3 years?</h3>
When an amount is compounded annually, both the amount invested and the interest accrued increase in value one a year.
The formula for calculating future value:
FV = P (1 + r)^n
- FV = Future value
- P = Present value
- R = interest rate
- N = number of years
$100 x (1.1^3) = $133.10
To learn more about future value, please check: brainly.com/question/18760477
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Answer:
d.
Explanation:
Based on the provided choices, the sentence that must be included would be "This restructure will involve partitioning units and redistributing our customers to new developers. OP and SG will have dotted line relations to PPR and SLG." This sentence clearly explains the entire restructuring process and the reason for doing so, while at the same time letting employees know that their departments (hence the employees) will still have a relationship to the new units and developers, therefore keeping their jobs.
Answer:
all of the above
Explanation:
all of these indicates one's lifestyles.
Answer:
True
Explanation:
Banks use a type of check used to pay bills or make payments for which the money is guaranteed