XYZ Bank loaned cash to a customer on October 1, Year 1. The…
Questions
XYZ Bаnk lоаned cаsh tо a custоmer on October 1, Year 1. The note receivable had a principal amount of $65,000, 4% interest rate, and a term of five-months. How much interest income would be reported on the Year 1 income statement dated December 31? [Amount1] How much cash interest would be collected in Year 1? [Answer2] How much interest income would be reported on the Year 2 income statement, assuming no other sources provided interest during the year? [Answer3] How much cash interest would be collected in Year 2? [Answer4]
The fоllоwing pаrаgrаphs have main ideas that may appear at variоus places within the paragraph. Identify each main idea by choosing the correct sentence number in the space provided. 1 Mercury, also known as quicksilver, is one of the few elements that are in liquid form at room temperature. 2 Over the centuries, mercury has had many ritualistic and scientific uses, almost all of which have been discontinued as its toxic properties have come to be understood. 3 In ancient China and India, mercury was considered an aid to good health. 4 Historians believe that an early Chinese emperor was driven insane and killed by mercury pills that were supposed to make him live forever. 5 In Europe and America in the 1700s and 1800s, mercury was used in the manufacture of felt for making hats. 6 The mercury solution that the hat makers used was highly toxic, causing hallucinations and dementia—thus the origin of the phrase “mad as a hatter.” 7 Mercury was once widely used to treat syphilis, a practice that caused confusion because mercury poisoning symptoms are so similar to those of the disease it was supposed to relieve. 8 Mercury was also used as a diuretic and as a laxative. 9 Although mercurochrome is still sometimes used around the world as a topical antiseptic, it no longer contains mercury. 10 Mercury’s use has been discontinued in home thermometers, herbicides, and light switches. 11 Through its industrial uses it has entered the food chain, showing up in potentially dangerous concentrations in some kinds of fish. 12 Dentists still use small amounts of mercury in amalgam fillings, which are considered safe for humans. 13 However, because of mercury’s reputation, some patients prefer composite resin or other types of fillings.
The fоllоwing pаrаgrаphs have main ideas that may appear at variоus places within the paragraph. Identify each main idea by choosing the correct sentence number in the space provided. 1 The National Park System, one of America’s greatest creations, owes much of its success to a painter and to a president. 2 In feudal Europe, certain lands were set aside for preservation, usually as royal hunting grounds owned by the king. 3 The national parks, on the other hand, are owned by all Americans. 4 A 19th-century painter named George Catlin contributed much to the origin of national parks. 5 He traveled widely in the American West, painting portraits of Native Americans and landscapes of the most beautiful natural wonders. 6 Catlin argued for a government policy to protect certain pristine areas. 7 In 1864, Catlin saw his dream come to life when Congress donated the Yosemite area to the state of California for preservation as a state park. 8 In 1872, Yellowstone became the first national park. 9 Theodore Roosevelt, president from 1901 to 1909, gave a great boost to conservation, setting aside about 194 million acres for national parks and national preserves—more land than all his predecessors combined. 10 Today there are 59 national parks; the largest, Wrangell-St. Elias National Park in Alaska, with more than thirteen million acres, is five times the size of Yellowstone. 11 Only one national park is named for a president. 12 That one, dedicated to preserving the unique geography of the Badlands of North Dakota, is the Theodore Roosevelt National Park.