A) If Johnny received $2,500 from a customer for services to be performed evenly over the next five months, beginning in November, what account names should he put in the balance sheet?
B) What account names would Johnny type when he purchased land for his grandmother? It costs $10,000 by paying $4,000 cash and financing the remaining $6,000 with a one-year, 12% note. The note’s principal amount and interest will be paid when the note matures in one year.
Sometimes students that seek algebra assistance come from non-Math subjects where logic and irrational numbers problems should be solved.