If one of your main sources of stress is the sheer number of things that need to be done, getting organized should help you feel more in control.
Answer the following statement true (T) or false (F)
True
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Which of the following is NOT an important concept when distinguishing between international and domestic financial management?
A) corporate governance B) culture, history, and institutions C) political risk D) All of the above are important distinguishing concepts.
Which of the following would be the crime of obstruction of justice?
A) Making a false entry B) Certification of financial statements C) Destroying e-mails D) Both a and c
Travis County Bank agrees to lend Brickyard Corporation $200,000 on January 1. Brickyard signs a $200,000, 4%, 9-month note. Interest is due at maturity on September 30. The company's fiscal year ends June 30 and adjusting entries are recorded at that time only.What journal entry will Brickyard make when paying the interest at maturity?
A. Debit Interest Expense for $4,000, and credit Cash for $4,000. B. Debit Interest Expense for $6,000 and Cash for $206,000. C. Debit Interest Payable for $4,000, debit Interest Expense for $2,000, and credit Cash for $6,000. D. Debit Notes Payable and credit Cash for $206,000.
Debt service funds should accrue interest and report principle payments due within the next 12 months following year end.
Answer the following statement true (T) or false (F)