On its bank reconciliation for the month of December, Pack Corp. noted its bank collected on a note receivable due from one of Pack's customers. A total of $550 was collected out of which $500 represented principal and $50 represented interest. Question: In Pack Corp.'s month-end journal entry to record this reconciling item, which of the following is (are) true? (check all that apply) Select one or more: a. The 'Interest Revenue" account should be credited for $50.b. The "Note Recevable" account should be credited for S550.c. The "Interest Revenue" account should be debited for $50.d. The "Note Receivable account should be debited for $500. e. The "Note Receivable" account should be credited for $500 .f. The 'Note Receivable' account should be debited for $550

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

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

About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.