Nash's Trading Post, LLC borrowed $37000 from the bank signing a 4%, 3-month note on September 1. Principal and interest are payable to the bank on December 1. If the company prepares monthly financial statements, the adjusting entry that the company should make for interest on September 30, would be: A debit Interest Expense, $123; credit Interest Payable, $123. B debit Note Payable, $1480; credit Cash, $1480. C debit Interest Expense, $1480; credit Interest Payable, $1480. D debit Cash, $369; credit Interest Payable, $369.

answer; ///the correct answer is (ftc) federal trade commission;

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer(b) revenue account which increases;