Small offerings of securities do not need to be registered with the SEC

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Celebrities normally score well in terms of trustworthiness, believability, persuasiveness, and likeability

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Business

Uniform Supply accepted a $12,800, 90-day, 9% note from Tracy Janitorial on October 17. What entry should Uniform Supply make on January 15 of the next year when the note is paid? (Assume reversing entries are not made.). (Use 360 days a year.)

A. Debit Cash $13,088; credit Interest Revenue $240; credit Interest Receivable $48; credit Notes Receivable $12,800. B. Debit Cash $13,088; credit Interest Revenue $288; credit Notes Receivable $12,800. C. Debit Cash $13,088; credit Interest Revenue $48; credit Interest Receivable $240; credit Notes Receivable $12,800. D. Debit Cash $13,088; credit Notes Receivable $13,088. E. Debit Notes Receivable $12,800; debit Interest Receivable $288; credit Sales $13,088.

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The ______ is the number that occurs most commonly in a group of numbers.

a. mean b. median c. mode d. range

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According to generally accepted accounting principles, most expenditures for intangible assets acquired from others should be treated as revenue expenditures when incurred

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