2.on january 1, 2011, citrus retail co. issued a $500,000, 5 year, 8% installment note payable with payments of $100,000 principal plus interest due on january 1 of each year for the next 5 years. 1. prepare the adjusting journal entry at december 31, 2011 to accrue interest for the year.2. show the account(s) and amount(s) and where it will appear on a multi-step income statement prepared on december 31, 2011.3. show the account(s) and amount(s) and where they will appear on a classified balance sheet prepared on december 31, 2011

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?