Homework Answers
The rate of simple interest is the ratio of interest amount to borrowing amount by a multiplication of 100.
Rate of simple interest = (Interest amount / Borrowing amount) × 100
= ($900 / $12,000) × 100
= 7.5%
Ans. Option a
Add Answer to:
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please complete all required parts and add corrections for the general journal. heres a list of...
please complete all required parts and add corrections for the
general journal.
heres a list of the transactions that should be fixed or
added. i finished most of the journal entry
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please correct the general journal transactions. i have completed most of the transactions. transactions 12, 20,...
please correct the general journal transactions. i have
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and 32 have issues. then record the closing entry for revenues,
expenses, and cash dividends for transactions 35,36, and 37 if
necessary
On July 1, 2021, Tony and Suzie organize their new company as a corporation, Great Adventures Inc. The articles of incorporation state that the corporation will sell 20,000 shares of common stock for $1 each. Each share of stock represents...
Please carefully look at the instructions and asnswe it. i have also attached the 2019 1040...
Please carefully look at the instructions and asnswe it. i
have also attached the 2019 1040 Form and Schedule 1.
Please show your work on the tax return form as well.
Thank you so much in advance
Use
2020 Tax Rates Schedules
That is all the information i have
Required information [The following information applies to the questions displayed below.) Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,...
14 IF the sum of $12,000 is borrowed and the debtor is obligated to pay the creditor $900 for each year the loan is in existence, then, the simple interest is most nearly: out of Select one: a.75% B. 13.33% c. 5.0% d. 10.0% O O
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ORIGINAL ENTRIES 1. Galle Inc. entered into the following transactions during January. a. January 1: Borrowed $50,000 from First Street Bank by signing a note payable. b. January 4: Purchased $25,000 of equipment for cash. C. January 6: Paid $500 to landlord for rent for January. d. January 15: Performed services for customers on account, $10,000. e. January 25: Collected $3,000 from customers for services performed in Transaction d. 1. January 30: Paid salaries of $2,500 for the current month....
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please complete all required parts and add corrections for the
general journal.
heres a list of the transactions that should be fixed or
added. i finished most of the journal entry
N Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four person teams...
please correct the general journal transactions. i have
completed most of the transactions. transactions 12, 20, 21, 27,
and 32 have issues. then record the closing entry for revenues,
expenses, and cash dividends for transactions 35,36, and 37 if
necessary
On July 1, 2021, Tony and Suzie organize their new company as a corporation, Great Adventures Inc. The articles of incorporation state that the corporation will sell 20,000 shares of common stock for $1 each. Each share of stock represents...
Please carefully look at the instructions and asnswe it. i
have also attached the 2019 1040 Form and Schedule 1.
Please show your work on the tax return form as well.
Thank you so much in advance
Use
2020 Tax Rates Schedules
That is all the information i have
Required information [The following information applies to the questions displayed below.) Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,...
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