Answer:
Record the necessary entries in the Journal Entry Worksheet below for FirstBanc Corp.
August 01, 2021:
Cash- 20.800.000
Notes Payable- 20.800.000
December 31, 2021:
Interest Expense- 520.000
Interest Payable- 520.000
January 31, 2022:
Notes Payable- 20.800.000
Interest Payable- 520.000
Interest Expense- 104.000
Cash- 21.424.000
Explanation:
August 01, 2021:
Cash- 20.800.000
Notes Payable- 20.800.000
December 31, 2021:
Interest Expense- 520.000
Interest Payable- 520.000
January 31, 2022:
Notes Payable- 20.800.000
Interest Payable- 520.000
Interest Expense- 104.000
Cash- 21.424.000
Answer:
$232,500
Explanation:
The computation of the amount of expected cash outflows for selling and admin expenses is shown below:
Utilities expense $2,500
Administrative salaries $100,000
Sales commission ($800,000 × 5%) $40,000
Advertising $20,000
Rent on administrative building $60,000
Miscellaneous administrative expenses $10,000
Total budgeted cash sales and administrative expenses $232,500
We added those expenses which affect the cash balance i.e decrease in cash balance so that the correct amount could arrive
All other items are not relevant. hence,ignored it
<u>Answer:</u>
<em>Filmmakers want movie titles that are short, memorable, appealing to consumers, and without legal restriction to </em><u><em>appeal to multiple cultures
</em></u>
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<u>Explanation:</u>
Many independent filmmakers are amazed at the measure of exertion and ability required to verify a fair conveyance understanding. With the emotional increment in an autonomous generation, it is evident that numerous movie producers have aced the skills expected to confirm the cash and hardware and deliver the film.
Subsequently, if the Filmmaker has skillfully made content into an engaging film, the movie producer might have the option to get a superior arrangement.
A- Focus Groups. You gotta know how the customers feel
Answer:
<u>1. Johann is looking to double the profits of his lemonade stand</u>
Explanation:
Note that Johann was<em> still making m</em>oney from lemonade stand but was not content with the profits he was making that was his argument or reason for increasing the price of a cup of lemonade from 25 cents to 50 cents.
<em>Without having forsight</em> Johann's decision eventually resulted in him selling fewer cups at the new price and therefore making less money than before.
