Describe the recording procedures for the issuance, retirement, and paying of interest for installment notes.
What will be an ideal response?
At issuance, the proceeds from a note must be recognized in the appropriate asset
account and the debt must be recognized as a note payable. Each payment includes accrued interest expense plus a portion of the principal amount borrowed. Interest payments are recorded with a debit to Interest Expense, a debit to Notes Payable for the principal paid, and a credit to Cash for the amount of the total payment. The retirement of a note is recognized with a debit to Notes Payable and a credit to Cash (or other asset).
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Which of the following statements about gender roles is true?
A. When people leave a country, they also leave behind their cultural values and attitudes on gender norms. B. Decision-making and authority are clearly established as female prerogatives within most cultures. C. Gender roles are no longer evolving around the world. D. Culturally and individually, people view the role of men and women differently.
A(n) ____________________ is a chronological record of all transactions entered into by a business
Fill in the blank(s) with correct word
Summarize Laurence Kohlberg's three levels of personal moral development. Imagine that you manage a local gym, and explain how your management style or techniques would be different at each level.
What will be an ideal response?
Neither the coach nor the team agree with the referees decision yet they're plans are to participate in the semi-finals in hartford, ct
What will be an ideal response?