You get a housing loan for $200,000 at 2.64% for 15 years. The remaining loan balance after making the first payment is

What is credit and debit in accounting

Identify the level of the literature hierarchy for u.s. gaap to which each item belongs

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.