Answer: Continuous compounding is the mathematical limit that compound interest can reach if it's calculated and reinvested into an account's balance over a theoretically infinite number of periods. While this is not possible in practice, the concept of continuously compounded interest is important in finance.
Explanation:
On October 1, 2018, Pennington Company issued a $90,000, 10%, nine-month interest-bearing note.
1) Record the adjusting entry for interest expense at Dec 31, 2018. Also,
2) journalize the payment of the note on July 1, 2019.
1) Recording the adjusting entry for Interest Expense on December 31, 2018, for Pennington Company is as follows:
Adjusting Journal Entry:December 31, 2018
Debit Interest Expense $2,250
Credit Interest Payable $2,250
To accrue interest expense for 3 months.2) July 1, 2019
Debit Interest Expense $4,500
Credit Interest Payable $4,500
To accrue interest expense for 6 months.Debit 10% Note Payable $90,000
Debit Interest Payable $6,750
Credit Cash $96,750
To record the payment of cash for principal and interests.Transaction Analysis:October 1, 2018: Cash $90,000 10% Note Payable $90,000
December 31, 2018 Interest Expense $2,250 Interest Payable $2,250
July 1, 2019 Interest Expense $4,500 Interest Payable $4,500
10% Note Payable $90,000 Interest Payable $6,750 Cash $96,750
Thus, the total interest expense for the note issuance for nine months is $6,750 ($90,000 x 10% x 9/12).
Learn more about journalizing transactions at https://brainly.com/question/17201601
#SPJ1
Match the command(s) to the task it helps to complete.
remove text
Shift+Enter keys
paste text
Backspace and Delete keys
create a line break
Ctrl+V keys
create space for a new paragraph
Enter key
#Remove text
Usually backspace but delete alsoB
#paste text
Ctrl+V#Create a line break
Enter#create space for new paragraph
Shift+EnterRemove text: Backspace and Delete keys
Shift+Enter keys: create a line break
Paste text: Ctrl+V keys
Backspace and Delete keys: create space for a new paragraph
Create a line break: Shift+Enter keys
Ctrl+V keys: paste text
Create space for a new paragraph: Backspace and Delete keys
Enter key: create space for a new paragraph
What are commands?Commands are instructions for computers to perform tasks. Keyboard shortcuts are specific combinations of keys that trigger commands, enhancing task efficiency. For instance, Ctrl+C copies, Ctrl+V pastes, and Backspace/Delete keys remove text.
The Enter key commands new lines or paragraphs, while Shift+Enter creates line breaks. These shortcuts streamline interactions by avoiding menu navigation. Understanding commands and their associated shortcuts empowers users to navigate software more efficiently, saving time and effort.
Learn more on computer commands here https://brainly.com/question/25808182
#SPJ2
the usefulness of the worksheet is?
a. identifying the accounts that need to be adjusted
b. summarizing the effects of all the transaction of the period
c. adding the preparation of the FS
d. all of the above
The worksheet is used for identifying the accounts that need to be adjusted, summarizing the effects of all the transaction of the period and adding the preparation of the financial statements.
What is a worksheet?It is a document used in the accounting department for analyzing and ensuring accounting entries and records. It is the working space for entering the additional information about the accounting data.
Hence, option D is correct with respect to the worksheet.
To learn more about worksheet click on link given below:
https://brainly.com/question/2554742
#SPJ1
Corina has added animations to objects on a particular slide within a presentation. She needs to reorder the animations. How should she achieve this goal?
Use the Preview button.
Access the Advanced timeline.
Use the Animation pane.
Delete and recreate the animations in the correct order.
Corina has added animations to objects on a particular slide within a presentation. To reorder the animations, she can use the animation pane.
What do you mean by animations?Animations refer to a method in which figures are manipulated that appear as moving images.
Corina has added animations to objects on a particular slide within a presentation. She needs to reorder the animations. She can achieve this goal by using the animation pane.
Learn more about animations here:
https://brainly.com/question/12705807
#SPJ1
Answer: c
Explanation:
How would you enter the following into a adjusted trial balance?
1. A physical count reveals only $500 of roofing supplies on hand.
2. Depreciation for March is $247.
3. Unearned revenue amounted to $180 at March 31.
4. Accrued salaries are $600.
The following items will be listed on the Adjusted Trial Balance as indicated:
Adjusted Trial Balance as of March 311. Debit Supplies on Hand with $500
2. Debit Depreciation Expense with $247
3. Credit Unearned revenue with $180
4. Credit Accrued Salaries with $600
What is an adjusted trial balance?An adjusted trial balance is the trial balance prepared after making adjustments for:
PrepaymentsUnearned revenueAccrued expenses and revenueNon-cash expenses, e.g. depreciation.Thus, preparing an adjusted trial balance helps to ensure that the accounts are prepared in agreement with the matching concept and the accrual basis of generally accepted accounting principles.
Learn more about adjusted trial balances at https://brainly.com/question/15003832
#SPJ1
1.2 Describe the demand curve
Answer:
demand curve, in economics, a graphic representation of the relationship between product price and the quantity of the product demanded. It is drawn with price on the vertical axis of the graph and quantity demanded on the horizontal axis.
Explanation:
From what part of income should someone take savings?
Answer:
At least 20% of your income should go towards savings.
Social Security is intended to be ______ once you retire.
A. a financial safety net
B. reduced
C. your main source of income
D. a match to your savings
once you retire.
Social Security can be a financial safety net in the period of an individual's retirement.
What are the Social Security benefits?It provided assistance to retired workers aged 65 or over to be entitled to receive a monetary amount to generate greater income and health security, helping to improve the quality of life of individuals in this age group.
Therefore, social security is a system that generates security and increases equity among citizens.
Find out more about Social Security here:
https://brainly.com/question/5213237
#SPJ1
How do attackers today make it difficult to distinguish an attack from legitimate traffic?
a. by using common Internet protocols
b. by using a common language
c. by using diverse interfaces
d. by using simple scripting
23
Select the correct text in the passage.
Which sentences in the passage describe a medium-term financial plan correctly?
Samuel is a manager in a multinational firm. After completing one and a half years, the company has shown considerable profits. The learning
curve shows high implicit costs incurred due to inexperience. His financial plan now includes the business setup costs. In his financial plan, he
presents the sales forecast annually for the next five years. He also prepares a profit and loss statement, where he includes the sources of
income and likely expenses over the next five years.
Which of the following accounts would not appear in the post-closing trial balance? Interest Payable, Equipment, Depreciation Expense, Dividends, Unearned Service Revenue, Accumulated Depreciation Equipment, and Service Revenue.
The accounts that would not appear in the post-closing trial balance are:
Depreciation ExpenseDividendsService Revenue.What is a post-closing trial balance?A post-closing trial balance lists all non-zero balance sheet accounts.
The post-closing trial balance verifies that the total assets (debit balances) equal the total of all liabilities and equity (credit balances).
Thus, the accounts that would not appear in the post-closing trial balance are Depreciation Expense, Dividends, and Service Revenue.
Learn more about post-closing trial balances at https://brainly.com/question/14274904
#SPJ1
Identify specific problems with advertising to children experienced in South
Africa. Find specific advertisements and explain how you feel it can be seen
as unethical in our South African context.
Which of the following choices is one of the leading economic indicators?
advance monthly retail sales
structural unemployment
annual unemployment data
gross national product
Answer:
Gross National Output
Explanation:
This is a leading economic indicator because it tell us the well-being and health of the overall economy. A low gross national output also means that unemployment rate may be high because resources are not fully utilized--be it structural unemployment or total unemployment. Monthly retail sales also feeds into Gross National Output.
Serious Question & Please Don’t Judge What Are Some Great But Quick Tips I Can Do To Pass My Indiana Permit Test?
Answer:
You can study the materials a lot and make sure you memorize stuff. Once you memorize the car stuff make sure to memorize the motorcycle stuff very well because it can be hard to do when you take the test.
Explanation:
Good Luck!
Your company is planning to borrow $500,000 on a 10‐year, 10 percent, annual payment, fully amortized term loan. What is the annual payment?
How effective is it to try to find someone else who may be able to do the interview? (0.5 hours)
It can be deduced that it is highly effective is it to try to find someone else who may be able to do the interview.
What is an interview?It should be noted that an interview simply means a meeting of people face to face to discuss on a particular issue.
In this case, it can be inferred that can be deduced that it is highly effective is it to try to find someone else who may be able to do the interview.
Learn more about interview on:
brainly.com/question/8846894
#SPJ1
6. Using current examples (include cases of resolved or pending judgements) evaluate the success or failures of the Competition Policy of South Africa. economics
It benefited by balancing the act of economic transformation that will benefit all South Africans through ownership, the participation of small and medium enterprises and employment.
What is the Competition Policy of South Africa?South Africa's new competition policy and law were drafted during the early years of South Africa's new democracy, a period characterized by important domestic policy and regulatory reform.
The Competition Commission is empowered by the Competition Act to investigate, control and evaluate restrictive business practices, abuse of dominant positions and mergers in order to achieve equity and efficiency in the South African economy.
Learn more about competition policy here,
https://brainly.com/question/23827586
#SPJ1
Why should a person care about his or her credit report?
Answer: credit scores can help you better understand your current credit position.
When is sales intelligence important? What are the three most important pieces of sales intelligence a salesperson needs to know?
Answer:
it gives insight into who your prospects are so you can more effectively reach and connect with them. helping sales leaders better understand their prospects and customers, who they are, and how and why they buy. provides real-time analysis of current sales data and assists with suggesting and delivering actionable, relevant information.
Explanation:
Someone who has to learn a new skill to be employable would be considered to be the victim of
cyclical unemployment.
frictional unemployment.
structural unemployment.
seasonal unemployment.
_____ help a business keep track of its target market.
A. Target markets
B. Market shares
C. Market research
D. Customer profiles
Answer:
I would say A.
Explanation:
By defining your target customers you can: better determine if there are enough potential customers for your business.
( I hope this helps ^^)
Answer:
d. customer profiles
Explanation:
just took the quiz on edge
what does the transfer feature in qbo do
The transfer feature signifies that you may move the money from one bank or credit card account to another. This is further explained below.
What is the transfer?Generally, a transfer is simply defined as Moving something or someone to a new location, group or organization is a common definition of this verb.
In conclusion, You may transfer money from one bank or credit card account to another using the transfer option.
Read more about transfer
https://brainly.com/question/20114693
#SPJ1
investment mathematics
Hii :))
Investment Mathematics is a book which provides an introductory analysis of investments from a quantitative viewpoint, drawing together many of the tools and techniques required by investment professionals.
A hot-and-cold water dispenser sells for 8,021.5 pesos. The mark-up on it is 30.5% of cost. Find the cost.
Answer:
1604300 261
Explanation:
Explain the three organizations who help the EU with the budget.
help me out!!
Answer:
the programmes funded by the EU budget fall under one of three types of implementation modes depending on the nature of the funding concerneddirect management EU funding is managed directly by the European Commission.shared management: the European Commission and national authorities jointly manage the funding ndirect management: funding is managed by partner organisations or other authorities inside or outside the EU Therefore, while the EU provides the funding for a specific programme or project, it is not always directly involved in the day-to-day management. However, whereas the Member States are in charge of the implementation of the majority of the EU budget, it is the Commission that has the ultimate responsibility for its execution.
Explanation:
hope this helps if not let me know have a great day
On the daily run of an express bus, the average number of passengers is 48. The standard deviation is 3. Assume the variable is normally distributed. Find the probability that the bus will have; a. Between 36 and 40 passengers. b. Fewer than 42 passengers. c. More than 48 passengers. d. Between 43 and 47 passengers.
Answer:
interview a business owner address unemployment as a socio economic issues
which job title similar to wine maker
Answer:
vineyard owner , wine tour guide
(discuss the five value added role (economic benefits) of distribution centers?)
A warehouse or other specialized building, regularly equipped with refrigeration or air conditioning, which is stocked with goods to be delivered to retailers, wholesalers, or immediately to consumers is known as a distribution center for a set of merchandise.
What are the economic benefits of distribution centers?Distribution facilities are designed to maximize performance on the subject of the:
IntakeProcessing, Storage,Distribution of goodsThus, As a result of the establishment of distribution centers, less cash is wasted purchasing transient storage, coping with stockouts, or dropping clients because of not being on time or incomplete orders.
learn more about Distribution centers here:
https://brainly.com/question/23612300
#SPJ1
Call to actions are used in ads to...
a) Provide an easy and clear way for people who view the ad to take action and further interact
with the brand.
b) Help companies to define the goal of their ads.
c) Add extra text to an ad.
d) Make it complicated for social media users to take next steps to interact with a brand.
Call to actions are used in ads to provide an easy and clear way for people viewing the ad to take actions and further interact with the brand.
What is Call to Action?It is a marketing strategy that helps a company achieve its goals by encouraging the target audience to interact with the organization, which can be through the use of imperative words and encouraging access to a link.
Therefore, the call to action strategy helps to engage the consumer and encourage him to take an action that is favorable to the company.
Find out more about advertisement here:
https://brainly.com/question/1020696
#SPJ1
Is the balance of payments deficit always bad and surplus always good?
Answer:
The truth is, current account deficits are not always bad, and nor are current account surpluses always good. The difference between a country's national income (Y) and private plus government consumption (C+G) is national savings (S) (i.e., private and government savings).
