The following transactions occurred during 2021 for the Beehive Honey Corporation: Feb. 1 Borrowed $16,000 from a bank and signed a note. Principal and interest at 9% will be paid on January 31, 2022. Apr. 1 Paid $4,400 to an insurance company for a two-year fire insurance policy. July 17 Purchased supplies costing $3,200 on account. The company records supplies purchased in an asset account. At the year-end on December 31, 2021, supplies costing $1,450 remained on hand. Nov. 1 A customer borrowed $7,200 and signed a note requiring the customer to pay principal and 7% interest on April 30, 2022.
Required:
1. Record each transaction in general journal form.
2. Prepare any necessary adjusting entries at the year-end on December 31, 2021. No adjusting entries were recorded during the year for any item.
Answers
Answer: See explanation
Explanation:
Journal entry simply has to do with the recording of transactions in an accounting book which signifies the debit and credit balances of the company.
For the adjusting entries:
On Dec 31:
Interest expense:
= 16000 × 9% × 11/12
= 1320
Prepaid insurance
= 4400/24 × 9
= 1650
Check the attached file for further explanation.
Related Questions
calculate the average number of moose killed by one wolf in each territory
Answers
Answer:
where are the territories
Explanation:
Ecosystem services
Define regulating services in your own words
Define providing services in your own words
Answers
Answer:
it is a service that is responsible for enforcing laws relating to environmental health,trading standard,licensing and planning enforcement.
Providing services means to directly or indirectly own,manage,controls or be employed or engaged by,p participate in,etc
Which of the following is an ecologist most likely to study?
Answers
there most likely to study about the environmental systems.
Which kind of belly button is considered normal? * 1
innie
outie
Answers
Usually. people consider "innies" normal. since most people have them.
Answer: innie
Explanation:
Guys please help.I don’t have much time
Answers
Each eye has its own objective in the dissecting microscope so that 3D objects can be seen as 3D, whereas the compound microscope has two oculars, but only one objective for both eyes. 3. Compound Microscopes have greater magnifications, but lower resolutions than the Dissecting microscopes.
Which event is caused by gravity
Answers
Answer:
things falling. Elaborate on your question
Explanation:
Weight is caused by gravity
If you place a red blood cell in a solution and it swells, this means that: (Choose all correct answers)
the solution was hypertonic to the inside of the cell
the concentration of water was lower inside of the cell than outside
the concentration of water was higher inside of the cell than outside
the solution was hypotonic to the inside of the cell
the osmolarity of the solution was lower than inside the cell
the osmolarity of the solution was higher than inside the cell
Answers
Answer:
The solution would be HYPOTONIC. The concentration of water is higher inside the cell
Explanation:
Hypertonic: cell shrink
Isotonic: cell will stay the same
Hypotonic: cell will swell
The following table describes five molecules that belong to the same class.
Molecule Function
Hemoglobin transports oxygen in the blood
Amylase an enzyme that breaks down starch
Immunoglobulin an antibody produced in response to an invading particle
Collagen the main structural component of connective tissues
Aquaporin transports water in and out of the cell
Which class of biomolecule do the molecules in the table belong to?
Answers
Answer:C. Proteins
Explanation:
Just had this question and got it right !
which theory states that homo sapiens began in a single geographical area and spread out from there?
a. out of africa theory
b. tectonic theory
c. multi-regional theory
Answers
Answer:
The out of Africa theory states that Homo sapiens began in a single geographical area and spread out from there.
Explanation:
A is correct because the ''out of Africa theory'' suggests that the Homo sapiens began as a species in Africa and from there it gradually spread out on the other continents across the world.
B is not correct because the ''tectonic theory'' is a theory that has nothing to do with the Homo sapiens species, but it is a theory about the movement of tectonic plates.
C is not correct because the multi-regional theory suggests that the Homo sapiens evolved into multiple regions simultaneously, not in one region only.
evaprotion is controlled by what in a plant
Answers
Answer:
Transpiration is the process of water loss from plants through stomata.
Explanation:
In most plants, transpiration is a passive process largely controlled by the humidity of the atmospheric and the moisture content of the soil.
When making yogurt, bacteria and milk are mixed together and set in a warm area. The container is sealed and no gasses are allowed to enter the container. After 24 hours the container is opened, and there is still no gas. Upon tasting the mixture there is a tart flavor. What type of respiration were the bacteria most likely carrying out?
A.
photosynthesis
B.
alcoholic fermentation
C.
lactic acid fermentation
D.
aerobic cellular respiration
Answers
Answer:
When making yogurt the tart flavor get in the end is more likely because the bacteria have carried out a type of respiration named lactic acid fermentation (option C).
Explanation:
The process of obtaining yogurt from whole milk involves the association of the bacterial species Streptococcus and Lactobacillus. In order to carry out the lactic acid fermentation that produces yogurt, the bacteria act in a different way:
Streptococcus is in charge of removing the oxygen from the milk product.Lactobacillus promotes the conversion of lactose sugar into lactic acid.This fermentation process leads to the conversion of milk into a coagulated and tart flavor product.
Other options are not correct because:
A. Photosynthesis : is the process that occurs in plants to obtain chemical energy from sunlight.
B. Alcoholic fermentation: in this chemical process alcohol is obtained from the fermentation of a sugar.
D. Aerobic cellular respiration: does not involve fermentation, but the series of processes that convert glucose into energy.
What is another word for macromolecules?
Answers
Answer:
There are several other words:
Explanation:
lipid, sugar, protein, carbohydrate, etc. You can choose whichever one you want, it doesn't matter.
Is bacteria a living thing
Answers
Answer:
Yes
Explanation:
"Bacteria (singular: bacterium) are a major group of living organisms. Most are microscopic and unicellular, with a relatively simple cell structure lacking a cell nucleus, and organelles such as mitochondria and chloroplasts.Bacteria are the most abundant of all organisms."
Answer: Yes, bacteria is a living thing
Explanation:
Which of the following is NOT a force?
Newton
Gravity
Friction
Inertia
Answers
Answer:
Newton I'm 90% sure
Explanation:
I think
What do we use when changing units from one form to another?
Answers
Answer:
Fractions
Explanation:
1. Write the conversion as a fraction (that equals one)
2. Multiply it out (leaving all units in the answer)
3. Cancel any units that are both top and bottom.
What can cause
carrying capacity to
change?
Answers
Answer:
Population size decreases above carrying capacity due to a range of factors depending on the species concerned, but can include insufficient space, food supply, or sunlight. The carrying capacity of an environment may vary for different species.
Explanation:
While food and water supply, habitat space, and competition with other species are some of the limiting factors affecting the carrying capacity of a given environment, in human populations, other variables such as sanitation, diseases, and medical care are also at play
which of the following is true about nucleic acids
Answers
Answer:
b. is the answer
Explanation:
Both DNA and RNA are both nucleic acids
when a raw, shell-less egg was placed in sugar solution the egg shrank the egg was brought back to its original size by placing it it water which process does the experiment demonstrate
Answers
Answer:
A: osmosis. The egg first expanded because it was placed in a hypertonic solution (sugar water), causing the water to exit the egg to balance the higher concentration of solute outside of the egg. Placing it in fresh water creates a hypotonic environment, thereby causing water to rush back in.
Explanation:
TRUE or FALSE: When an enzyme becomes non-functional as a result of
a change in its environment, it is denatured. *
O True
O False
Answers
To which planet do scientists compare Kepler-10b?
Answers
Answer:
Earth
Explanation:
i hope this helps
Which of these is NOT a characteristic of life?
ability to reproduce
oxygen usage
an organism consists of cells
use of energy and metabolic processes
Answers
Which climate favors mechanical weathering?
O dry climate
O cold climate
O warm climate
O desert climate
Answers
Answer:
cold climate
Explanation:
Cold climates favor mechanical weathering. Chemical reactions occur faster at higher temperatures.
HOPE THIS HELP YOU!! :)))))
How many bases does one molecule of tRNA read at one time?
Answers
Answer:Each tRNA has a distinct anticodon triplet sequence that can form 3 complementary base pairs to one or more codons for an amino acid.
Explanation:
Is this true or false
The process of change during an organism's life that results in a more complex organism is called growth.
Answers
Answer:
true
Explanation:
What is a possible result of an increased amount of CO2 in the atmosphere?
Answers
Answer:
There are no options to this question, however, it can be answered using general knowledge. The answer is GLOBAL WARMING
Explanation:
Carbon dioxide, commonly called CO2, is one of the gaseous constituent of air. It is considered to be the most important greenhouse gas i.e. gases that have the ability to trap heat from the surrounding atmosphere. Due to this ability, CO2 in addition to other gases like methane are known to contribute to a phenomenon called GLOBAL WARMING.
GLOBAL WARMING is an increase in the atmospheric temperature of the Earth due to the effect of greenhouse gases. Global warming is a concern for the world populace, hence, an increase in the concentration of gases like CO2 in the atmosphere will lead to GLOBAL WARMING (an increase in Earth's atmospheric temperature).
What side do the vesicles enter in the Golgi apparatus?
A)the skinny side
B)the fat side
C)cis face
D)trans face
Answers
Answer: unusually large vesicles are found on the trans side of the Golgi apparatus, which faces the plasma membrane domain where secretion occurs.
Explanation:
Some steps in cell division are shown below:
1. Haploid chromosomes condense
2. Number of chromosomes are reduced to half
3. Chromosomes move to the equatorial plane between the poles
4. Centromeres separate and the sister chromatids are pulled apart to opposite poles by the spindle
Which of the following steps is most likely to occur during meiosis 2 only?
Step 1
Step 2
Step 3
Step 4
Answers
Answer:
Step 2
Explanation:
WILL BE MARKED BRAINLIEST AND PLUS 12 POINTS
Which detail from the passage best explain why plants photosynthesize?
Answers
Answer:
B.
Explanation:
I am pretty sure that is the answer
Answer:
A
Explanation:
China's economy is growing very quickly and requires a large amount of energy. Most of the energy consumed by the country comes from a nonrenewable energy source. Which of the following is a nonrenewable energy source?
A
coal
B
hydroelectric
C
solar
D
wind
Fun fact ; I made this sentence while brushing my teeth , you can tell with how this sentence is lowercased and multiple typos
Answers
Answer:
A non-renewable source of energy is coal.
Explanation:
The mineral coal is a brown or black rock, of sedimentary origin, that comes from organic matter, so it is considered a fossil fuel.
Currently, coal is used as an energy source, since its combustion produces a great amount of heat. However, the speed with which coal is consumed is faster than its production —which can last millions of years— so it is considered a depletable or non-renewable energy source.
The other options, such as hydroelectric, solar and wind energy are renewable energy sources.
Bacteria that feed off of food in the human gut and provide essential nutrients to their host are an example of
Answers
Answer:
mutualism
Explanation:
They both are beneficial towards one another
you're welcome hope I helped