Answer:
Dec 31, 2018
Interest expense 3313.33 Dr
Interest Payable 3313.33 Cr
Explanation:
The note interest is payable at an annual rate of 4%. The interest will be paid at maturity however, an adjusting entry will be made on December 31, 2018 following the accrual basis of accounting to record the interest expense that relates to the period from November to December of 2018. The interest expense will be debited and as the interest will be paid at maturity, interest payable will be credited.
Interest expense = 497000 * 0.04 * 2/12 = $3313.33
Answer:
The correct answer is letter "A": sales minus cost of goods sold.
Explanation:
Gross Profit is one of several important measurements of a company's profitability. Specifically, <em>it is derived from taking sales revenue and subtracting the costs of goods sold</em>. The costs of goods sold include the expenditures of raw materials and labor involved in making the products.
<u>Answer:</u>
<em>In view of the </em><em>changing idea of crime and the job of the examiner</em><em>, the destinations of a </em><em>criminal examination</em><em> might be more </em><em>mind boggling</em><em> than individuals imagine.</em>
<u>Explanation:</u>
Recover taken property and plan sound criminal cases for prosecution are targets of criminal examinations. The fundamental examination is the duty of the first officer at the wrong doing scene.
Their activities at the scene can extraordinarily impact a definitive achievement or disappointment of the examination.
