The president sumits a budget plan to congress is correct.
Answer:
The Journal entries are as follows:
1. Issuance of note
:
Cash A/c Dr. $51,000
To Note payable $51,000
(To issuance of note)
2. Adjustment for interest
:
Interest expense ($51,000 × 6% × 2/12) A/c Dr. $510
To Interest payable A/c $510
(To record the adjustment for interest)
3. Repayment of note
:
Note payable A/c Dr. $51,000
Interest payable A/c Dr. $510
Interest expense ($51,000 × 6% × 1/12) A/c Dr. $255
To cash A/c $51,765
(To record the repayment of the note at maturity)
There is management of technological advances when we need to understand how artificial intelligence, big data and computing impact the firm.
<h3>What is a
technological advances?</h3>
These mean the process of invention, innovation and diffusion of technology in a firm.
These are important to understant to help make decision that will improve use of tachnology in a firm.
Read more about technological advances
<em>brainly.com/question/2166344</em>
A. 10,000: 6,000
Purchases = Sales units + Closing inventory - Beginning Inventory
104,000 = 100,000 + 10,000 - 6,000