Is my choice correct? Could I also get an explanation to see if I solved it properly? Thanks!
Interest Revenue = Principal * Rate * Time / 12 Months
Period in 2016 = October 1 ,2016 to December 31,2016
= 3 Months
Period in 2017 = 1 Month
Revenue earned in 2017 = $ 90,000 * 9% * 1/12
= $ 675
Hence the correct answer is False.
Is my choice correct? Could I also get an explanation to see if I solved it...
I was wondering if I could get an explanation on how these answers are correct on my study guide key. Thanks much in advance :) 110) The overall order of this reaction is A+B+C Products Rate = k[A]1[B]-[C]2 A) 2 B) 3 C)4 D) 5 C108 Section 8928 Instructor: A. Gash 111) Doubling the concentration of A leads to doubling the rate, while doubling the concentration of B has no effect on the rate. The rate equation is, therefore, A+B...
hi was wondering if i could get help with this problem LU Notes Problems Problem 2 The Controller of The Fur Seasons, a dog kennel and spa, prepares a entries only at the end of the fiscal year. The following adjusting er prepared on December 31, 2016: 6,300 6,300 35,000 Dec 31 Interest expense Interest payable Dec 31 Rent expense Prepaid rent Dec 31 Interest receivable Interest revenue 35,000 1,050 1,050 Additional information: le company borrowed $120,000 on March 31,...
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Can I get help fixing the answers that are wrong? Your answer is partially correct. Try again. Stephanie Ram Corporation have a $900,000 "bond issue" dated February 1, 2016 due in 10 years with an annual interest rate of 8%. Interest is payable February 1 and August 1. On April 1, 2016, the bond was sold for $846,900 plus accrued interest. Using the straight-line method, prepare the general journal entries for each of the following: a) The issuance of the...
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Could you please solved both of these, i dont know why they are wong and this is my last question i can ask. please do both thanks 4. + 0/5 points Previous Answers PODStats 9.E.062. RMy Notes A manufacturer of small appliances purchases plastic handles for coffeepots from an outside vendor. If a handle is cracked, it is considered defective and must be discarded. A large shipment of plastic handles is received. The proportion of defective handles p is of...
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