On June 1, Edison, Inc. borrowed $24,000 on a one-year Note Payable with an interest rate of 10% per year. It will repay the principal and interest at the end of the one-year period. The company makes accrual adjustments at the end of each month
The company should record interest expense of $2,400 on June 30.
Indicate whether the statement is true or false
FALSE .Interest Expense = ($24,000 x 10%) / 12 = $200
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Pierce Corp identified the following data in preparing a bank reconciliation on October 31, 2014. Bank statement balance $29,600 Pierce's book balance (before adjustments) ? Outstanding checks 3,100 NSF checks 300 Service charges 200 Deposits in transit 2,200 Interest earned on checking account 100 How much is Pierce's adjusted cash balance on October 31, 2014?
a. $28,700 b. $29,100 c. $28,300 d. $29,600
The median is an appropriate measure of central tendency for ________ data
A) interval B) ratio C) ordinal D) nominal
Coordinate adjustment is a joint strategy used during times of moderate familiarity with the other party's culture.
Answer the following statement true (T) or false (F)
Prepare some program guidelines to help you provide mindfulness coaching to your employees.
What will be an ideal response?