On November 30, 2024, OLIVEGARDEN Dining Group signed an $8,…

On November 30, 2024, OLIVEGARDEN Dining Group signed an $8,000,000, 6.5%,  note payable. The principal plus accrued interest was due April 30, 2025. What amount of cash will be needed to pay back the note payable plus any accrued interest on April 30, 2025?  

During the month of September, DICKS Sporting Goods made cas…

During the month of September, DICKS Sporting Goods made cash sales in the State of Florida of $17,800,000. The sales are subject to a 7.5% sales tax that increased the total amount collected from customer to $19,135,000. Which of the following would be included in the journal entry recorded by DICKS to reflect the September sales transactions?