Notes receivable entries the following data relate to notes receivable and interest for owens co., a financial services company. assume a 360-day year. (all notes are dated as of the day they are received.) mar. 8. received a $33,000, 5%, 60-day note on account. 31. received an $80,000, 7%, 90-day note on account. may 7. received $33,275 on note of march 8. 16. received a $72,000, 7%, 90-day note on account. june 11. received a $36,000, 6%, 45-day note on account. 29. received $81,400 on note of march 31. july 26. received $36,270 on note of june 11. aug. 4. received a $48,000, 9%, 120-day note on account. 14. received $73,260 on note of may 16. dec. 2. received $49,440 on note of august 4. required: journalize the entries to record the transactions. for a compound transactions, if an amount box does not require an entry, leave it blank.

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real

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On january 1, 2018, wetick optometrists leased diagnostic equipment from southern corp. which had purchased the equipment at a cost of $2,256,342. the lease agreement specifies six annual payments of $490,000 beginning january 1, 2018, the beginning of the lease, and at each december 31 thereafter through 2022. the six-year lease term ending december 31, 2023 (a year after the final payment), is equal to the estimated useful life of the equipment. the contract specifies that lease payments for each year will increase on the basis of the increase in the consumer price index for the year just ended. thus, the first payment will be $490,000, and the second and subsequent payments might be different. the cpi at the beginning of the lease is 120. southern routinely acquires diagnostic equipment for lease to other firms. the interest rate in these financing arrangements is 12%. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) prepare the appropriate journal entries for wetick and southern to record the lease at its beginning.