On November 1, the home mortgage balance was $94,000 for the home owned by Donald Lewis. The interest rate for the loan is 6 percent Assuming that Donald makes the November monthly mortgage payment of $1128, calculate the following: (a) The amount of interest included in the November payment (round your answer to the nearest cent). (b) The amount of the monthly mortgage payment that will be used to reduce the principal balance. (c). The new balance after Donald makes this monthly mortgage payment. $470.00 X

Required information Skip to question [The following information applies to the questions displayed below.] The following is financial information describing the six operating segments that make up Chucktown Sauce Company (in thousands): Segments Red $ 1,817 22 Sales to outside parties Intersegment revenues Salary expense Rent expense Interest expense (92) Income tax expense (savings) 147 Consider the following questions independently. None of the six segments have a primarily financial nature. c. What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer? Note: Enter your answer in dollars but not in thousands. 620 145 Blue Green Pink Black White $ 818 $520 $315 $127 $ 105 97 115 0 308 71 385 408 318 172 87 65 93 88 67 22 55 323 98 48 37 68 20 11 (70) 0

Define Proprietorship

Definitions of Common Income and Expense Items