Monty Corp. began operations in July 2019. At the end of the month, the company prepares monthly financial statements. It has the following information for the month. 1. At July 31, the company owed employees $1,600 in salaries that the company will pay in August. 2. On July 1, the company borrowed $32,000 from a local bank on a 10-year note. The annual interest rate is 15%. 3. Service revenue unrecorded in July totaled $2,400.
Answers: 1
Another question on Business
Business, 21.06.2019 22:00
Select the correct answers. mila is at a flea market. she has $50 in her wallet. she decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5 on a t-shirt, and $10 on something to eat. she likes a one-of-a-kind t-shirt, but the seller is not ready to sell it for less than $8. she thinks of five ways to deal with this situation. which two choices indicate a trade-off?
Answers: 3
Business, 21.06.2019 23:30
Which term refers to the cost that motivates an economic decision
Answers: 1
Business, 22.06.2019 11:30
Buyer henry is going to accept seller shannon's $282,500 counteroffer. when will this counteroffer become a contract. a. counteroffers cannot become contracts b. when henry gives shannon notice of the acceptance c. when henry signs the counteroffer d. when shannon first made the counteroffer
Answers: 3
Business, 23.06.2019 09:00
In command economy, who makes production decisions? a. workers b. producers c. consumers d. the government
Answers: 1
You know the right answer?
Monty Corp. began operations in July 2019. At the end of the month, the company prepares monthly fin...
Questions
Mathematics, 16.06.2021 19:40
Mathematics, 16.06.2021 19:40
Mathematics, 16.06.2021 19:40
Mathematics, 16.06.2021 19:40
Mathematics, 16.06.2021 19:50
Mathematics, 16.06.2021 19:50
English, 16.06.2021 19:50
History, 16.06.2021 19:50
Mathematics, 16.06.2021 19:50
