The SQL data type DATE stores date in the _____ date format
Fill in the blank(s) with correct word
Julian
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Legal obligations to give up things of value in the future are known as ________.
A. assets B. owners' equity C. borrowings D. liabilities
On June 1, Apex Co issued a $30,000, 8%, 120-day note payable to Jones Co Assume the fiscal year of Apex Co ends June 30 . What is the amount of interest expense recognized by Apex in the current year?
a. $750.00 b. $166.67 c. $333.33 d. $200.00
Hastings Company replenished a $500 petty cash fund. The petty cash box contained vouchers of $87 for postage, $173 for supplies, $58 for gasoline, and cash on hand of $182. The journal entry to reflect replenishment would include:
a. debits to expense of $318 b. a debit to Cash for $318 c. a credit to Petty Cash for $318 d. a credit to Cash or $182
The Miracle Corporation issues 1,000, 10-year, 8%, $1,000 bonds dated January 1, 2009, at 96. The journal entry to record the issuance will show a
A) debit to Discount on Bonds Payable for $40,000. B) debit to Cash of $1,000,000. C) credit to Bonds Payable for $960,000. D) credit to Cash for $960,000.