On March 1, 2015, Vinnie Services Issued a 5% Long-Term

question 63

Multiple Choice

On March 1, 2015, Vinnie Services issued a 5% long-term notes payable for $15,000. It is payable over a 3-year term in $5,000 principal installments on March 1 of each year, beginning March 1, 2016. Which of the following entries needs to be made at March 1, 2015?

Identify how changes in traits occur in living things and the concept of genetic mutations.

Understand the impact of social structures and behaviors on psychological and physical well-being.

Distinguish between innate characteristics and those acquired through environmental influences.

Analyze the relationship between brain size, social complexity, and evolutionary advantages.

---

Definitions:

Outside Evidence

refers to information not contained within the principal documents of a case, used to support a legal argument.

Party Responsible

The entity or person held accountable for an action or the fulfillment of an obligation.

Overstock

It refers to an excessive amount of inventory that a business holds, which exceeds the demand for those products.

Seafood Distributor

A business entity involved in the wholesale or retail distribution of seafood products to various outlets including markets and restaurants.