Joyce's gift signs a three-month note payable to finance increase in inventory for the christmas shopping season. the note is signed on nov 1 in the amount of $50k with annual interest 12%. what is the adjusting entry to be made on dec 31 for the interest expense accrued to that date, if no entries have been made previously for the interest?

Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.