Uniform Supply Accepted a $4,800,90-Day,10% Note from Tracy Janitorial on October

question 27

Multiple Choice

Uniform Supply accepted a $4,800,90-day,10% note from Tracy Janitorial on October 17.What entry should Uniform Supply make on January 15 of the next year when the note is paid? (Assume reversing entries are not made.) (Use 360 days a year.)

• A)Debit Notes Receivable $4,800; debit Interest Receivable $120; credit Sales $4,920.
• B)Debit Cash $4,920; credit Notes Receivable $4,920.
• C)Debit Cash $4,920; credit Interest Revenue $100; credit Interest Receivable $20; credit Notes Receivable $4,800.
• D)Debit Cash $4,920; credit Interest Revenue $20; credit Interest Receivable $100; credit Notes Receivable $4,800.
• E)Debit Cash $4,920; credit Interest Revenue $120; credit Notes Receivable $4,800.

Understand the role of external inputs and transitions in the operation of sequencer instructions.

Understand how to set and use mask bits for controlling specific outputs in sequencer instructions.

Learn the difference between time-driven and event-driven sequencer programs.

Understand the concept of slope and how it is calculated in different contexts.

---

Definitions:

Indirect Value

The benefits provided by biodiversity that do not have direct economic value, such as climate regulation and pollination.

Indirect Values

Benefits provided by ecosystems that do not have a direct economic value, such as climate regulation and cultural significance.

Biodiversity

The variety of plant and animal life in the world or in a particular habitat, considered important for maintaining ecological balance.

Trees

Perennial plants with an elongated stem, or trunk, supporting branches and leaves in most species.