Jasper makes a $25,000, 90-day, 7 % cash loan to Clayborn Co. Jasper's entry to record the collection of the note and interest at maturity should be: (Use 360 days a year.)
A) Debit Cash for $25,000; credit Notes Receivable $25,000.
B) Debit Cash $25,437.50, credit Interest Revenue $437.50; credit Notes Receivable $25,000.
C) Debit Cash $25,437.50; credit Notes Receivable for $25,437.50.
D) Debit Notes Payable $25,000; Debit Interest Expense $1,750; credit Cash $26,750.
E) Debit Cash $26,750; credit Interest Revenue $1,750, credit Notes Receivable $25,000.

Answers

Answer 1

Answer:

B) Debit Cash $25,437.50; credit Interest Revenue $437.50; credit Notes Receivable $25,000.

Explanation:

Based on the information given Jasper's appropriate journal entry to record the collection of the note and interest at maturity should be:

Debit Cash $25,437.50

($25,000+$437.50)

Credit Interest Revenue $437.50

(7%*25,000*90 days/360 days a year =$437.50)

Credit Notes Receivable $25,000

(Being to record the collection of the note and interest at maturity)


Related Questions

A. Directions: Put a checkmark (/) on column A if the statement is acceptable, column B if otherwise.​

Answers

Answer:

All statement is correct and put it chech

As of the 90’s, by up to what percentage do the wages of male and female employees in the marketing industry differ?

A. 18%

B. 36%

C. 54%

D. 72%

Answers

Answer:

54%

I hope this is correct have a good day

Steve has worked 36 hours this week at $10/hour. On his last shift of the week he clocks in at 8:05 am and takes his lunch at 11:53. He comes back from lunch at 12:35 and clocks out at 4:56. How much will Steve's Gross Pay be?

Answers

Answer:

$441.5

Explanation:

Hours already worked = 36 hours

Rate = $10 / day

Number of hours worked on last shift :

8:05 - 11:53 = 3 hours 48 minutes

12:35 - 4:56 = about 4 hours 21 minutes

Total hours (3 hours 48) + (4 hours 21 minutes). = 8 hours 9 minutes

Hence, total hours worked that week :

36 hours + 8hours 9 minutes

44 hours 9 minutes

Rate = $10 / hour

(44*$10) + (9/60 * $10)

$440 + $1.5

Gross pay = $441.5

A graph titled Change in U S Unemployment and Inflation from 1971 to 2001 has the year on the x-axis and percentage change on the y-axis, from 0 to 8 percent. From 1971 to 1976, both unemployment rate and inflation increased. From 1981 to 2001, both decreased.
According to the graph, 1971 to 1976 was a period of stagflation due to

rising unemployment and inflation.
falling unemployment and inflation.
rising unemployment and falling inflation.
falling unemployment and rising inflation.

Answers

Answer:

falling unemployment and rising inflation.

Explanation:

Stagflation means that both the inflation and unemployment rate are rising. Before the 1970s, classical economists stated that an inverse relationship existed between the inflation rate and the unemployment rate. This means that when the inflation rate was increasing, the unemployment rate should be decreasing. But reality does not follow theoretical rules.

Answer:

A) rising unemployment and inflation.

Explanation:

correct on Edge

PLZ HELP. Classify the customer buying motive as rational or emotional.
Mark buys a particular brand of frozen food because it is economical for him.
O rational
O emotional

Answers

Answer:

rational

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Buying motive refers to the considerations, urge, emotions or influences that creates the impulse in consumers (customers) to buy a particular good, so as to satisfy their desire or needs.

This ultimately implies that, behind every purchase made by a consumer, there's a consideration, urge or feeling to satisfy that desire or needs l, this is generally referred to as buying motive.

In Economics, buying motives are classified into five (5) main categories and these include;

I. Acquired and Inherent buying motives.

II. Conscious and Dormant buying motives.

III. Physical, Psychological and Sociological buying motives.

IV. Primary and Selective buying motives.

V. Rational and Emotional buying motives.

A rational buying motive is typically based on the consumer's logical and economical consideration of a product in terms of price, durability, need, quality, etc. Thus, it involves a careful consideration of a product rather than feelings as in emotional buying motive.

In this scenario, Mark buys a particular brand of frozen food because it is economical for him. Thus, the buying motive would be classified as rational.

What is your favorite restaurant and why?
what is your favorite car?
can you sing?
do you love your parents?

Answers

Answer:

i dont knkw

Lamborghini

no

yes

Explanation:

Plz mark brainliest thanks

Explain the "Rule of 9 " as it pertains to marketing.

Answers

Answer:

When measuring burns in adults, the rule of nines assesses the percentage of burn and is used to help guide treatment decisions including fluid resuscitation and becomes part of the guidelines to determine transfer to a burn unit.

Explanation:

The transfer to the burn unit.

10 pts
Question 2
Shannon's best friend has been excluding her lately. They were supposed to go shopping
together, but her friend called and canceled. Shannon is upset about it. This is an
example of which type of problem?

Answers

The problem is Social Exclusion

Why are economic systems needed? Respond to the question below with a minimum of 5 sentences.

Answers

Answer:

Explanation:Since economic resources are scarce, they must be used efficiently. We want to produce as much goods and services as we can, and in the process, produce the goods and services needed the most.  There are five functions an economic system performs in producing goods and services for consumption.

A person who buys stocks to make a little extra money consistently each year would be said to be doing so for __________________.

Dividends

Mutual benefit

Investment

Speculation

Answers

Answer:

Investment

Explanation:

To invest is to allocate money in the expectation of some benefit/return in the future.

easy career question

Answers

Answer:

High school. Well at least my high school does.

Explanation:

Answer:

A.

Explanation:

yes

Vendors submit invoices prior to receiving purchase orders from companies.

True
False

Answers

Answer:

False

Explanation:

Only after the purchase was approved

When seeking collaboration on writing instructions for product use before releasing the information to the consumer, which method would yield the best results? Blog Podcast Wiki Companies can use blogs to share late-breaking news of tidbits of interest to employees. This is an example of Blogs take the same care and attention as other business writing.

Answers

Answer:

Wiki

Explanation:

The best option in this case would be to use a Wiki, which is a collaborative website, where users can add content, news, information about a certain subject and thus generate more complete and efficient content.

The advantages of using Wiki for companies is the possibility of access controls, modifications, collaboration, etc.

So this would be the ideal method for a company that seeks collaboration in writing instructions for using the product before releasing the information to the consumer.

Question 2 of 5
The amount of money a person has to pay regularly to avoid late fees is the
A. minimum monthly payment
B. credit limit
C. interest rate
D. credit score

Answers

Answer:

A

Explanation:

to ensure that you pay at least the minimum amount by the due date.

A. Because it’s the only one that makes sense

define the term collateral and include two examples​

Answers

Collateral is an asset or piece of property that a borrower offers to a lender as security for a loan. ... An example of unsecured lending is a business credit card. Borrowers do not offer collateral when using a credit card. Since the loan is unsecured, credit cards typically carry higher interest rates.

Every week Jerome works 40 hours. On Fridays, he receives his paycheck. What type of income does Jerome earn?
A. unemployment income
B. earned income
C. investment income
D. passive income

Answers

Answer:

B.  Earned Income.

Explanation:

Answer:

eared income

Explanation:

Active listening is a skill that can be practiced and learned.

True
False

Answers

Answer:

true

Explanation:

You have to concentrate has it requires both physical and mental attention. So that one could be able to absorb verbally given information quickly and accurately.

The answer is true my friend

Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.

Answers

Answer:

The use of any trademark in this text does not vest in the author or publisher any trademark ... Part 1: Management Practice 110 A Manager's Dilemma 110 Global Sense 110 ... Retaining Competent, High-Performing Employees 462 Employee ... as you can see, managers can and do have an impact—positive and negative.

According to the video, what tasks do Electrical Power-Line Installers and Repairers commonly perform?
Check all that apply.
repairing engines of service vehicles
clearing snow off of roads
arranging wires that carry electrical current
putting up towers and other equipment
digging holes and setting poles for power lines
digging tunnels

Answers

Answer:

3,4,5

Explanation:

got it right

Answer:

345

Explanation:

I WILL GIVE BRAINLIEST

This part of the business cycle is when companies have hired as many employees needed to supply enough goods demanded by consumers to optimize profit.

A. Trough
B. Growth
C. Recession
D. Peak

Answers

i think its B thanks:)

What is product positioning?

Answers

Product positioning is the process of deciding and communicating how you want your market to think and feel about your product

A country that pays out more for imports more than it receives for exports is
said to have

A. a negative balance of payments

B. a positive balance of trade

C. a negative currency balance

D. a positive balance of payments

Answers

smilebassett :

C. a negative currency balance

I just the quiz and made 100%

( do not use my answer w/o giving thanks !! )

pls give a follow !!

add me as a friend , ill add back so we can be friends !! <3

☆ REMINDER : ☆

☁ ˖⁺ stay safe we are still in the middle of a pandemic

☁˖⁺ drink plenty of water to stay hydrated

☁ ˖⁺ love yourself and know someone loves you

☁ ˖ never give up and talk to someone if your feelings scared/sad/mad

☁ ˖⁺ its never okay to stay silent .

﹤୨♡୧﹥ have an amazing day/night

proof ~

A Country that pays out more for imports more than it receives for its exports is said to have a Negative Currency Balance.

What is Imports?

Import is the process of buying goods from a foreign country in order to fulfill the needs and demands of own country or to resell such products to gain commission.

What is Exports?

Selling of Goods from own country to another country is known as Export. It is done when a country produces any commodity in excess quantity and wants to sell it worldwide.

What is Negative Currency Balance?

Negative Currency Balance refers that the outflow of money is more that inflow which means import is more that export. It results to the increase of Assets of that foreign country and negative capital balance of the own country.

Hence Option C is the correct answer.

To learn more about Negative Currency Balance, click here,

https://brainly.com/question/15053868

#SPJ2

HELPPPPP!!!! ASAPPPP!!!! PLEASEEEEE!!!

According to the Small Business Administration, the number one reason for small-business failure is _?_.

low employee morale
not having enough people in leadership roles
poor record keeping
none of the above

Answers

I believe it is “not having enough people in leadership roles”

Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.

Answers

Answer:

I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.

Explanation:

Hope this helps!

Agnes, a waitress at a local restaurant, suffers severe anxiety attacks when things get really busy at her job. As a result, she is a very ineffective waitress when the restaurant gets busy. For that reason , she is fired. Her employer could have assigned Agnes to shifts when the restaurant is not busy, but that would have significantly irritated the other waitresses, caused significant scheduling difficulties and cost some additional money. If Agnes sues the restaurant under the ADA, its best argument is:

Answers

Answer:

that accommodating Agnes would cause the restaurant undue hardship.

Explanation:

From the question we are informed about Agnes, a waitress at a local restaurant, suffers severe anxiety attacks when things get really busy at her job. As a result, she is a very ineffective waitress when the restaurant gets busy. For that reason , she is fired. Her employer could have assigned Agnes to shifts when the restaurant is not busy, but that would have significantly irritated the other waitresses, caused significant scheduling difficulties and cost some additional money. If Agnes sues the restaurant under the ADA, its best argument is that accommodating Agnes would bring undue hardship to the restaurant. The Americans with Disabilities Act which is regarded as (ADA) is a law that protect disabilities in several areas against discrimination. These areas could be employment, public accommodations and others, but with the justification that Agnes would bring undue hardship to the restaurant, the restaurant is good to go.

Can u help me plzzzzzzz​

Answers

Answer:

warm up

an advert in a prime time TV show :a mass market

an advert in a local newspaper :a market in particular location

an advert in a magazine for teenagers : a market of particular age

Explanation:

one region why company will match the branding of a new product to the company's overall brand image is;market

by the help of this company can attract customers for their product.company gain a profit as it helps to get market which makes company belief towards the satisfaction.

Write a biography about a famous person of Nepal...​

Answers

Explanation:

Parijat (Nepali: पारिजात) was a Nepalese writer. Her real name was Bishnu Kumari Waiba (Waiba is a subgroup of Tamang) but she wrote under the pen name Parijat (Parijat is a night-flowering fragrant jasmine flower). Her most acclaimed publication is Shiris Ko Phool (The Blue Mimosa), which has also been adapted in the literature curriculum of some colleges in some English-speaking countries like United States, England etc. Some of the notable universities where Parijat's Shirish Ko Phool was adopted as curriculum in the University of Maryland, USA.

Answer:

● Gautama Buddha. 0563 BC. Founder of Buddhism.

● Tenzing Norgay. 29 May 1914. Mountaineer.

● Anatoli Boukreev. 16 January 1958. Mountaineer.

● Gyanendra Bir Bikram Shah Dev. 07 July 1947. ...

● Chandra Bahadur Dangi. 30 November 1939. ...

● Birendra of Nepal. 28 December 1945. ...

● Sandeep Lamichhane. 02 August 2000. ...

● Amrita Acharia. 31 July 1987.

Explanation:

I HOPE IT'S HELP

What is the purpose of the Subtotal feature?

Answers

Use the SUBTOTAL function to exclude filtered or hidden rows when calculating a total. You can choose any one of the 11 functions that SUBTOTAL can calculate, such as Sum, Average, Count or Max. Hope this helps!!

Providing adjustable height desks to employees who need a wheelchair is an example of

A. a tangible incentive

B. a disability incentive

C. a flexible work environment

D. a reasonable accommodation

Answers

Answer: a reasonable accommodation

Explanation:

Providing adjustable height desks to the employees who need a wheelchair is simply referred to as an example of a reasonable accommodation.

A reasonable accommodation simply refers to the changes to a position or the assistance that is given to a disabled employee sonthatbthe oeroan can perform his or her job better. It is required that employers should provide their workers with reasonable accommodations.

Therefore, based on the explanation, the correct answer is D.

Will mark Brainliest
Type the correct answer in the box. Spell all words correctly.
Which activity involved in the distribution function of a business concerns the supply of products from the manufacturer to the retailer?
(________________) is a crucial part of distribution since it is concerned with ensuring that the product(s) reaches the retailer or distributor.

Answers

Answer:

Product distribution! Plz mark brainliest! Have a great day! :)

Explanation:

Other Questions
PLS HELP SO I CAN FINISH MY HW Write two or more sentences to explain how climate change can affect plants and animals. Someone please help me with this question y=-3x+10 state whether the y-values are increasing, decreasing, or neither as x increases. What is the importance of Philippi being situated on the Egnatian Way? PLEASE ANSWER:China was broken into three kingdoms. Which of the following is not one of them?a.)Wuc. )Weib.)Shud.)Shei Part A.Renee, Susan, and Martha will share the cost to rent a vacation house for a week.Renee will pay 40% of the costSusan will pay 0.35 of the costMartha will pay the remainder of the costMartha thinks that she will pay 1/3 of the cost. Is Martha correct?Part B.The cost of the vacation house for a week is $850. How much will Renee, Susan, and Martha each pay to rent the house for a week? To get started on your persuasiveessay, choose a topic.Remember that the topic for thiskind of essay must be which ofthe following?A. Debatable - there must be at least two sidesB. Unique - no one else has ever written on thistopic beforeC. Popular - what everyone else is writing aboutD. Universally true - a fact this is scientificallybased and not debatable HELP QUICKLY PLEASE AND THANKYOU! Sunland Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 477 units that cost $60 each. During the month, the company made two purchases: 715 units at $63 each and 356 units at $65 each. Sunland Company also sold 1203 units during the month. Using the LIFO method, what is the amount of cost of goods sold for the month As rocks break apart, the overall surface area willstay the sameincreasedecreasenone of the above A medical syringe is marked using the tenths place. If a dosage of medicine prescribed is 1.325 ml,what is the amount given rounded to the tenths place ? I NEED HELP AND FAST WITH A PROBLEM You spend $500 fixing up a bedroom to rent. Your cost for food is $10 per night. Ur family charges $60 per night. Write down equations to represent the situation Select the correct answer.What is the effect of logical fallacies?A. They provide additional evidence.B. They weaken an argument.C. They attack an opponent.D. They make an argument more valid. NEED HELP ASAP!! FOR 30 POINTS!Marissa is writing a research report on the development of Nelson Mandela's political ideas. She wants to include biographical information in her report. Which event had thebiggest impact on Mandela's life in politics?.Mandela was born into the Tembu Tribe in Transkei.B.Mandela joined the African National Congress in 1944.C.Mandela graduated from college with a law degree in 1942.D.Mandela was determined to be free to marry and have children. what is the intercept of y if y=2x find the x intercept and the y intercept of the graph of the equation 5x+4y=40 Glass and metal are recyclable. many towns cannot afford to recycle these materials and I suppose to change the sentence with these words and, or, but, so How many strikes does a batter get before they get called out 1 23 4 Simplify each expression.9. 5x + (24 + 147)10. 3x + (7x + 10)11. 5x +(2+3)12. 4.x. 1013. 3(12x)14. 14r +9y+ 6x