The entry to record the issuance of a note receivable is debit Notes Receivable and credit Cash.
<h3>
What is Note Receivable ?</h3>
A note receivable is an asset account tied to an underlying promissory note, which details in writing the payment terms for a purchase between a “payee” (typically a company, and sometimes called a creditor) and the “maker” of the note (usually a customer or employee, and sometimes called a debtor).
The journal entry for interest on a note receivable is to debit the interest income account and credit the cash account.
Notes receivable are a balance sheet item that records the value of promissory notes that a business is owed and should receive payment for. A written promissory note gives the holder, or bearer, the right to receive the amount outlined in the legal agreement.
Learn more about Note Receivable on:
brainly.com/question/13781634
#SPJ4
Answer:
![A = 28000 [\frac{0.12 (1.12)^4}{(1.12)^4 -1}]](https://tex.z-dn.net/?f=%20A%20%3D%2028000%20%5B%5Cfrac%7B0.12%20%281.12%29%5E4%7D%7B%281.12%29%5E4%20-1%7D%5D)
![A = 28000 [\frac{0.12*1.574}{1.574-1}]](https://tex.z-dn.net/?f=%20A%20%3D%2028000%20%5B%5Cfrac%7B0.12%2A1.574%7D%7B1.574-1%7D%5D)
So then the annual pay would be $ 9218.564 for this case
Explanation:
For this question we can use the Equivalent annual value (A) given by the following expression:
![A = PV [\frac{i (1+i)^t}{(1+i)^t -1}]](https://tex.z-dn.net/?f=%20A%20%3D%20PV%20%5B%5Cfrac%7Bi%20%281%2Bi%29%5Et%7D%7B%281%2Bi%29%5Et%20-1%7D%5D)
Where 
represent the pesent value
since the rate is yearly
since we have 4 years to pay
So then we have everything to replace and we got:
So then the annual pay would be $ 9218.564 for this case
And this amount would be paid each year in order to pay all the money after 4 years.
Answer: True
Explanation:
A convenient product is the product that is relatively inexpensive item that merits little shopping effort.
A convenient product refers to an inexpensive product which requires a little amount of effort from the consumer to purchase it. Some examples of convenience products include soft drink, bread, coffee.
Therefore, the statement given is true.
Answer:
The correct answers are letters "C" and "D": Jane's Schedule C net profit; Qualified Publicly Traded Partnership (PTP) income.
Explanation:
The Qualified Business Income Deduction or QBI allows up to 20% of deductions for people who file small businesses taxes in personal statements. The rule mainly applies to all those activities developed in a sole proprietorship. Capital gains, losses, dividends, and interest are not eligible for this type of deductions. A schedule C (form 1040) or a qualified Publicly Traded Partnership (PTP) income can be subject to this deduction.
The correct answer for the question that is being presented above is this one: "C.GDP is used by NASA to measure eroding coastlines, while GNI is used by the FBI to monitor criminal activity across borders." The gross domestic product (GDP) differ from gross national income (GNI) is that <span>C.GDP is used by NASA to measure eroding coastlines, while GNI is used by the FBI to monitor criminal activity across borders. </span>
