A company received $75,000 cash from a bank loan that must be repaid in three years. Which of the following items would be increased by this specific transaction? a. Total Liabilitiesb. Total Assetsc. Interest Payabled. Interest Expensee. Cash from Financing
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A company received $75,000 cash from a bank loan that must be repaid in three years. Which of the following items would be increased by ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
John is a Community Association Manager. Which best describes his education? some college, associates degree, or bachelor's degree high school diploma and no postsecondary education associates degree, bachelor's degree, or master's degree bachelor's
Answers (1)
The process of discovering and evaluating changes in the business environment, such as a new technology, sociocultural trends, or shifts in consumer demand, that can be exploited is opportunity recognition management recognition organization
Answers (1)
The histogram below shows the distribution of the annual hours of commuting delay per traveler for 46 small and medium urban areas (fewer than 1 million in population).
Answers (1)
Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $5,130,000 (190,000 hours at $27/hour) and that factory overhead would be $1,430,000 for the current period.
Answers (1)
Which of the following choices is a characteristic of a free-market economy? A) individual choice B) centralized planning C) government influence in the private sector D) community ownership of resources
Answers (1)
New Questions in Business
Torres travel's stockholders' equity at the beginning of march 2014 was $200,000. during the month, the company earned net income of $50,000 and paid dividends of $10,000. at the end of march 2014, what is the amount of stockholders' equity?
Answers (1)
In the Keynesian model, it is assumed that, when demand for a firm's product changes, the firm: A. changes prices to meet the demand. B. changes production levels to meet the demand. C. changes prices and production levels to meet demand. D.
Answers (1)
If you purchased a camera in Britain for 100 pounds what would be the price in U. S. dollars if one pound is worth 1.40? A:71 B:100 C:140 D:1400
Answers (1)
Gontier corporation stock currently sells for $64.18 per share. the market requires a return of 12 percent on the firm's stock. required: if the company maintains a constant 5.
Answers (1)
If someone asked you, "Why should I bother worrying about my credit score?" what would you say?
Answers (1)