Business, 25.12.2020 20:00 arunamvr

Mission Corp. borrowed $50,000 cash on April 1, 2019, and signed a one-year 12% interest-bearing note payable. The interest and principal are both due on March 31, 2020. 20) Assume that the appropriate adjusting entry was made on December 31, 2019 and that no adjusting entries have been made during 2020. Which of the following would be the required journal entry to pay the entire amount due on March 31, 2020? A) Interest expense XXXNotes payable XXXInterest payable XXXCash XXXB) Interest expense XXX Interest payable XXX Note payable XXX Cash XXX

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 06:30

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies

Answers: 1

Answer

Business, 22.06.2019 11:00

When using various forms of promotion to carry the promotion message, it is important that the recipients of the message interpret it in the same way. creating a unified promotional message, where potential customers perceive the same message, whether it is in a tv commercial, or on a billboard, or in a blog, is called

Answers: 2

Answer

Business, 22.06.2019 11:30

17. chef a says that garnish should be added to a soup right before serving. chef b says that garnish should be cooked with the other ingredients in a soup. which chef is correct? a. chef a is correct. b. both chefs are correct. c. chef b is correct. d. neither chef is correct. student c incorrect which is correct answer?

Answers: 2

Answer

Business, 23.06.2019 02:00

Heyak believed that the economy could be hard to measure because

Answers: 2

Answer

You know the right answer?

Mission Corp. borrowed $50,000 cash on April 1, 2019, and signed a one-year 12% interest-bearing not...

Questions