Advanced Placement (AP) College

So i have to make trial balance and im kinda confused with 'interest'. So which side did it go to? Credit or debit? It didn't state the interest as received or expense/paid. someone told me to look at the bank but hey i need more explanation T^T​

Answers

Answer 1

Answer:

debit

explanation:

The interest on capital is on credit side of a trial balance as it is a liability from the point of view of company or enterprise and it comes in the debit side

Related Questions

What is mass casulty

Answers

Answer:

A mass causality refers to an event or incident that occurs and overwhelmes the medical resources available at a moment.

such as;

[tex]{ \sf{ - \: terrorist \: action}} \\ { \sf{ - \: shooting \: massacre}}[/tex]

Which of the following would be considered anthropogenic impacts on the natural environment?



a. air pollution

b. introduction of invasive species

c. burning of fossil fuels

d. all of the above

Answers

Answer:

D. All of the above.

If enough experimental data supports a hypothesis, then it:
O A. Is proven 100% true.
O
B. Is falsified.
OC. Is accepted as true until prolan false.
OD. Becomes an Observational Law

Answers

Answer: C) Is accepted as true until proven false

==========================================================

Explanation:

We cannot prove the hypothesis to be 100% true because there might be data out there that we haven't accounted for, or some scenario that we haven't thought of yet. There's always going to be room for uncertainty and doubt. Keep in mind that such doubt does not necessarily mean that the theory is automatically false.

So all of this rules out choice A.

Choice B is ruled out as well because data supporting a hypothesis doesn't falsify the hypothesis. The term "falsify" means "to prove false" as you'd expect.

Choice C is the answer because the data seems to support the hypothesis and again we leave room for error. It's quite possible that in some unspecified date in the future, there are better methods of measurement to get a better sense of what's going on.

Choice D is ruled out because a law refers to something like the law of gravity. It's something you observe but it doesn't explain why something works. It doesn't provide the underlying mechanics of what's going on. We simply just report what we see which is exactly what an observation is.

Other Questions
who was the first prime minister of Germany EFGH is an isosceles trapezoid and EFGI is a parallelogram. If mIEF = 36, then mHGI = (Blank 1). The triangle below is isosceles. Find the length of side x in simplest radical form witha rational denominator.V10Answer: 2==Submit Answer Dose anyone know the answer please help me!! how many times does 10% go into 34,950,101? At year-end (December 31), Chan Company estimates its bad debts as 0.30% of its annual credit sales of $896,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $448 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off. Prepare Chan's journal entries for the transactions. Using your answers from part C, complete the chemical formula of each compound. If the number of ions is 1, leave thatnumber out of the formula.Drag each number to the correct location. Numbers may be used more than once Rotation 90 counterclockwise around the origin of the point (-8,1) Consider the Fischer ester synthesis of methyl benzoate from benzoic acid and methanol in the presence of sulfuric acid as a catalyst. A reaction was performed in which 3.3 g of benzoic acid was reacted with excess methanol to make 1.7 g of methyl benzoate. Calculate the theoretical yield and percent yield for this reaction. the plane of a 5.0 cm by 8.0 cm rectangular loop wire is parallel to a 0.19 t magnetic field. if the loop carries a current of 6.2 amps, what is the magnitude of the torque on the loop Please hurry I will mark you brainliest What is the slope of the line with an x-intercept of 4 and a y-intercept of -3? 1 atm is equal toO 1 mmHg 14.7 mmHg 76 mmHg 760 mmHg Read the following paragraph:"Brownies made from a mix are vastly underrated and can be baked to suit any taste. As with those made from scratch, the texture of browniesfrom a box is dependent on the amount of eggs added to the batter. A single egg produces a denser brownie than one made with two eggs. Brownietexture can also be varied through the choice of pan because glass heats more slowly than metal."Which sentence uses subjective language?O Brownie texture can also be varied through the choice of pan because glass heats more slowly than metal.As with those made from scratch, the texture of brownies from a box is dependent on the amount of eggs added to the batter.O Brownies made from a mix are vastly underrated and can be baked to suit any taste.A single egg produces a denser brownie than two eggs. why we study economics? Explain briefly? The assertion that non formal institution have no role to play in the processing stage of the system theory is an empty rhetoric Standish Company manufactures consumer products and provided the following information for the month of February: Units produced 131,000 Standard direct labor hours per unit 0.20 Standard fixed overhead rate (per direct labor hour) $2.50 Budgeted fixed overhead $65,000 Actual fixed overhead costs $68,300 Actual hours worked 26,350Required:a. Calculate the fixed overhead spending variance using the formula approach.b. Calculate the volume variance using the formula approach. An increase in the wage rate causes Group of answer choices a decrease in the quantity of labor demanded. an increase in labor's marginal productivity. a leftward shift of the firm's labor demand curve. a rightward shift of the firm's labor demand curve. Which is a perfect square?61626365 hi, please solve these three questions for me, i have to shoe solving steps. PLEASE HELP DUE!!!WILL GIVE BRAINLIEST!!can someone help me please?