On October 1,2018,Highview Company Borrows $360,000 on a Three-Year Note

question 73

Multiple Choice

On October 1,2018,Highview Company borrows $360,000 on a three-year note that requires the company to pay 6% interest on March 31 and September 30.On December 31,2018,the adjusting entry to accrue interest on the note should debit:

• A)Interest Expense and credit Interest Payable for $5,400.
• B)Interest Payable and credit Interest Expense for $5,400.
• C)Interest Expense and credit Cash for $10,800.
• D)Interest Expense and credit Interest Payable for $10,800.

Explain the role of user-generated content (UGC) and its importance for brands.

Identify factors influencing the effectiveness of Facebook advertisements.

Assess the impact of word-of-mouth (WOM) and fan-generated content (FGC) on brand metrics.

Describe the significance of engagement from a customer's perspective and its impact on brand.

---

Definitions:

Redeems

The act of repaying or buying back something, such as a company repurchasing its own shares or a bond issuer paying back the principal at maturity.

Discount on Bonds Payable

The difference between the face value of bonds and their selling price when issued at less than their face value.

Journal Entry

A record in the accounting books that represents a transaction and its effect on various accounts, typically involving a debit and credit.

Bond Redemption

The process of repaying the principal amount of a bond at or before its maturity date.