Acme, Inc. accepted a promissory note from NadirCo, who promised to pay Acme $5,000 plus 6% interest at the end of four months. When Acme first accepts the note, it should record Interest receivable of ________

Sharon Foods, Inc. reported the following transactions for September 2017

a) The business received $22,000 cash and issued common stock. It was credited to Common Stock b) The business purchased office equipment for $9,000 for which $2,500 cash was paid and the balance was put on a note payable. c) Paid insurance expense of $1,500 cash. d) Paid the September utility bill for $900 cash. e) Paid $1,500 cash for September rent. f) The business had sales of $11,000 in September. Of these sales, 60% were cash sales, and the balance was credit sales. g) The business paid $8,000 cash for office furniture. What are the total liabilities at the end of September, 2017? A) $11,000 B) $1,500 C) $6,500 D) $9,000

Verbal images are usually stored in both the left and right sides of the brain, while visual elements tend to be stored in the left side of the brain only

Indicate whether the statement is true or false