Answer:
$64,300
Explanation:
The amount of revenue that Moretti Department store should recognize as revenue in 2021 should be based on the redeemed amount in the year and unused balance:
1. $1,500 were redeemed during 2021
2. $800 2019 balance remains unused
3. $22,000 were redeemed in 2021
4. $40,000 were redeemed in 2021
Total Revenue for 2021 = $64,300
Answer:Jalen journal $
Date
Jan 1 ,2021
Land Dr. 860,887
Note payable Cr. 860,887
Narration. Issuance of note of above amount payable in four installment for purchase of land.
June 30,2021
Note payable Dr 215,221.64
Cash Cr. 215,221.64
Narration. Payment of first installment on land purchase.
December 31,2021
Note payableDr 215,221.64
Cash.Cr. 215,221.64
Narration. Payment of second installment on land purchase.
2. Balance on note payable as at December 31, 2021 $400,000
Balance on Interest expenses $30,443.28
Explanation:
The land account is debited to recognized it's purchase and a credit is made to the notes payable account to recognise the credit.
The total installment is debited for payment made in the first and second period.
The balance on the note payable represents the two outstanding principal payment of the $800,000 and the interest expenses represents the excess over the principal sum.
Answer:
(C) A report recommending an anti-terrorism security system for mass transit
Explanation:
An analytical report is a type of a business report that uses qualitative and quantitative company data to analyze as well as evaluate a business strategy or process, while empowering employees to make data-driven decisions based on evidence and analytics. Analytical reports offers both information and analysis and also include recommendations.
Malcom has an external locus of control, aka he believes that things are influenced by forces outside of his control.
Miles has an internal locus of control and believes that he is responsible for influencing the outcomes of things in his life.
10.70% - Option D
<u>Explanation:</u>
One-year interest rate one year from now:
= 1.625625 divide by 0.16
=10.160
Therefore, an approximate answer is 10.70%
Respect Maturity (YTM) – in any case alluded to as recovery or book yield – is the theoretical pace of return or loan cost of a fixed-rate security, for example, a security. The YTM depends on the conviction or understanding that a financial specialist buys the security at the present market cost and holds it until the security has developed (arrived at its full worth), and that all premium and coupon installments are made in a convenient manner.
