Caridad borrowed $15,500 at 11% ordinary interest for 120 days. After 70 days, she made a partial payment of $3,000. What is the final amount due on the loan? (Round to the nearest cent)
A) $13,921.56
B) $14,596.22
C) $13,027.57
D) $12,943.06
C
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Indicate whether the statement is true or false
Madison Corporation purchased 40% of Jay Corporation for $140,000 on January 1. On June 20 of the same year, Jay Corporation declared total cash dividends of $35,000. At year-end, Jay Corporation reported net income of $175,000. The balance in Madison's Equity Method Investments-Jay Corporation account as of December 31 should be:
A. $259,000. B. $224,000. C. $84,000. D. $140,000. E. $196,000.
In Oracle, saved scripts are retrieved using __________ button
Fill in the blanks with correct word
During the month, a company uses up $4,000 of supplies. At the end of the month, the related adjusting journal entry would result in a(n):
A. increase in an asset and an equal increase in expenses. B. decrease in an asset and an equal increase in expenses. C. decrease in an asset and an equal decrease in expenses. D. increase in an asset and a decrease in expenses.