Hernandez Carpets Company buys a building for $115,000, paying $30,000 cash and signing a 30-year mortgage note for $85,000 at 11%. Prepare the journal entry for the purchase
What will be an ideal response
Building 115,000
Mortgage Payable 85,000
Cash 30,000
Business
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Extrinsic rewards include challenging projects, autonomy, recognition, and opportunity for additional training.
a. true b. false
Business
Prior to establishing a quick response (QR) inventory planning system, suppliers need to rethink their _____
a. credit terms and quantity discount schedule b. quantity discount schedule and minimum order sizes c. purchase prices and minimum order sizes d. credit terms and minimum order sizes
Business