Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 27, 2024

Ahmed payment the loan with interest from his current account, the journal entry is Select one: a. loans Interest revenue xxx XXX Current XXX account

Ahmed payment the loan with interest from his current account, the journal entry is Select one: a. loans Interest revenue xxx XXX Current XXX account XXX b. Current account loans Interest XXX XXX revenue Oc Cash bxxx loans Interest XXX revenue d. The corrent answer not available

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting For MBAs

Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally

4th Edition

9781934319345

More Books

Students also viewed these Accounting questions

Question

★★★★★

Determine the horizontal force P which must be applied at A so that the linkage is in equilibrium for the position shown. -4 in--6 in- 240 -in. FO 30 h 10 in.

Answered: 1 week ago

Question

★★★★★

1 Carry out a PESTEL analysis of Alibaba at the time of the case. Evaluate the balance of opportunities and threats, using the same kind of figure as in Illustration 2.1. 2 Draw a basic sociogram of...

Answered: 1 week ago

Question

★★★★★

Date the application was sent

Answered: 1 week ago

Question

★★★★★

In 2010, Elbert Corporation had net cash provided by operating activities of $531,000; net cash used by investing activities of $963,000; and net cash provided by financing activities of $585,000. At...

Answered: 1 week ago

Question

★★★★★

Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 5.5 percent. The bond sells for $938.52 and matures in 11 years. The par value is $1,000. What is the...

Answered: 1 week ago

Question

★★★★★

Exercise 7-11 Notes receivable transactions C2 Prepare journal entries for the following selected transactions of Danica Company for 2016 2016 Dec 13 Accepted a $9.500, 45-day, 8% note dated December...

Answered: 1 week ago

Question

★★★★★

The photograph below shows the interference of two water waves produced by two coherent sources operating at the same frequency and in phase. The waves travel outward at a constant speed from the two...

Answered: 1 week ago

Question

★★★★★

The majority of information needed to answer these can be found through our website. However, in cases where it isn't, please use your imagination and creativity to come up with a personally tailored...

Answered: 1 week ago

Question

★★★★★

Mary Kate is an intern with a minor league baseball team. She says, I report to two managers: the director of marketing and the director of community relations. From time to time, the director of...

Answered: 1 week ago

Question

★★★★★

How can healthcare practitioners actively incorporate the principle of treating individuals like human beings into their daily interactions with patients from diverse backgrounds? Share examples of...

Answered: 1 week ago

Question

★★★★★

Megan is a single taxpayer. Her salary is $45,000. Megan realized a short-term capital loss of $6,500. Her itemized deductions total $1,500. (The tax year is 2023.) View the standard deduction...

Answered: 1 week ago

Question

★★★★★

1 Use Kotter and Cohens model of change to assess the change: (i) Did activities take place at each stage of the model? (ii) Did the order of activities reflect the model?

Answered: 1 week ago

Question

★★★★★

7 What are the implications of an HRM philosophy for the way change is managed?

Answered: 1 week ago

Question

★★★★★

1 Why might people resist change?

Answered: 1 week ago

Previous Question Next Question