As cohesiveness increases, members become more active participants in the group, and the level of communication within it increases

The capital expenditures budget is often linked with management's evaluation of the company's ability to ________________________.

Fill in the blank(s) with the appropriate word(s).

On July 1, Agler Brick Company borrows $300,000 and signs a $300,000, 8%, 9-month note. What is the adjusting entry required if Agler Brick Company prepares financial statements on December 31?

A. Debit Interest Expense, credit Interest Payable, $16,000 B. Debit Interest Expense, credit Interest Payable, $12,000 C. Debit Interest Payable, credit Interest Expense, $18,000 D. Debit Interest Payable, credit Interest Expense, $12,000