A property owner owes a higher degree of care to children than to adults.

West County Bank agrees to lend Drake Builders Company $100,000 on January 1. Drake Builders Company signs a $100,000, 6%, 6-month note. What is the adjusting entry required if Drake Builders Company prepares financial statements on March 30?

A. interest expense 3,000 interest payable 3000 B. interest expense 3000 cash 3000 C. interest expense 1500 interest payable 1500 D. interest payable 1500 interest expense 1500

Continuous improvement is based on the philosophy that any aspect of an operation can be improved

Indicate whether the statement is true or false