On January 1, Year 1, Platte Corporation Issues a 5-Year

question 120

Multiple Choice

On January 1, Year 1, Platte Corporation issues a 5-year note payable for $5,000. The interest rate is 5% and the annual payment of $1,156, due each December 31, includes both interest and principal.Which of the following correctly shows the effect of the issuance of the note on Platte's financial statements?

• A)Option A
• B)Option B
• C)Option C
• D)Option D

Understand the principle of contact points between a part and datum planes during measurement or assembly.

Learn about the methods to designate a portion of a surface as a datum.

Understand the significance of datum features in establishing part orientation and measurement reference.

Become familiar with the symbols and notation used to represent datums in technical drawings.

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Definitions:

Quota

A restriction on the number of units of a particular product that can be imported into a country.

Embargo

A prohibition on trade in a particular product.