1. Unearned Rent Revenue is a. a contra account to Rent Revenue. b. a revenue account. c. reported as a current liability. d. debited when rent is received in advance.

2. The interest charged on a $200,000 note payable, at the rate of 8%, on a 90-day note would be a. $16,000. b. $8,888. c. $4,000. d. $1,333.

3. A retail store credited the Sales Revenue account for the sales price and the amount of sales tax on sales. If the sales tax rate is 5% and the balance in the Sales Revenue account amounted to $525,000, what is the amount of the sales taxes owed to the taxing agency? a. $500,000 b. $525,000 c. $26,250 d. $25,000

4. A $20,000, 90-day, 8% note payable was issued on November 1, 2015. Using a 360-day year, what is the amount of accrued interest on December 31, 2015? a. $200 b. $267 c. $133 d. $800

5. A $12,500, 9% note is dated April 9 and is due in 90 days. The note will mature on what date? a. July 9 b. July 8 c. June 9 d. June 8

6. Sue works 46 hours at her job during the week. She is paid $13.30/hour and received overtime at the rate of time-and-one-half for hours worked over forty. Sue is taxed for federal income taxes at 15% and 7.65% for OASDI and Medicare. All of her income is taxable. What is Sue's net pay? a. $651.70 b. $147.61 c. $504.09 d. Can not be determined from information given

7. Bonds that are secured by real estate are termed a. mortgage bonds. b. serial bonds. c. debentures. d. bearer bonds.

PLEASE HELP FAST AND ALL IN ACCOUNTING. I WILL RATE 5 STARS