Question: Current Attempt in Progress On December 1, 2020, Ruby Ltd. borrowed $180,000 from their bank, by signing a four-month, 5% interest-bearing note. Assuming Ruby has

Current Attempt in Progress On December 1, 2020, Ruby Ltd. borrowed $180,000 from their bank, by signing a four-month, 5% interest-bearing note. Assuming Ruby has a December 31 year end and does NOT use reversing enites, the journal entry to record payment of this note on April 1. 2021 will include a O credit to Note Payable of $180,000 O debit to Interest Expense of $3,000 debit to Interest Payable of $2,250. O debit to Interest Payable of $750. eTextbook and Media Save for Lat Attempts: 0 of 1 used Submit C View Policies 8:34 Done 13 of 13 0 D

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b. Will there be one assigned leader?

c. How will members be allowed to rotate out of the team if they so desire?

Do you currently have a team agreement?