Question: please answer the three qs Question 2 2 JOURNAL ENTRIES: What is the adjusting Journal ontry to record the accrual of $500 af unpaid interest


Question 2 2 JOURNAL ENTRIES: What is the adjusting Journal ontry to record the accrual of $500 af unpaid interest on a note payable? 74. Dr. Interest Expense 500; Cr. Interest Revenue 500 b. Dr. Interest Revenue 500, Cr. Cash 500 c.Dr. Cash 500. Cr. Interest Receivable 500 d. Dr. Interest Receivable 500, Cr. Cash 500 e. None of the above Question 5 DEPRECIATION: Company has equipment with a useful life of 10 years. What is the double declining balance rate for the equipment? a. 1/10 b. 1/5 C. 2x[1/10) d. 2x[1/5) e. None of the above uestions 2 points Save Any STATEMENT OF CASH FLOW Using the directedhed the cash receipts for customers are 5.000.000 and the cash flow from operating activities using the direct method is 1.500.000 and the cash paid for merchandise is 1.200.000, using the direct method, how much is the cash paid for operating expenses 25,000,000 72,700,000 2.300,000 d. 1.200.000 e. None of the above
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