On December 31, 2021, Cirkin Inc. had a $1,500,000 note payable outstanding, due July 31, 2022. Cirkin borrowed the money to finance construction of a new plant. Cirkin planned to refinance the note by issuing long-term bonds. Because Cirkin temporarily had excess cash, it prepaid $500,000 of the note on January 23, 2022. In February 2022, Cirkin completed a $3,000,000 bond offering. Cirkin will use the bond offering proceeds to repay the note payable at its maturity and to pay construction costs during 2022. On March 13, 2022, Cirkin issued its 2021 financial statements. What amount of the note payable should Cirkin include in the noncurrent liabilities section of its December 31, 2021, balance sheet?

The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b   incorrect which following answer correct?