An Evening of Classic Broadway - An Evening of Classic Broadway returns to Rockwell Table and Stage in Los Feliz for its 10th performance on Monday, September 28th at 8PM (doors open at 6:30.) $10, $15, $20 cover + 2-item food/beverage minimum.
Payment bond definition: A payment bond is a surety bond issued to contractors that guarantees that the contractor will pay their subcontractors, material suppliers, and laborers in a timely fashion. Payment bonds are usually obtained by contractors or subcontractors prior to the commencement of a construction project.
A business will issue a note payable if for example, it wants to obtain a loan from a lender or to extend its payment terms on an overdue account with a supplier. In the first case the note payable is issued in return for cash, in the second case they are issued in return for cancelling an accounts payable balance. Issued for Cash In notes payable accounting there are a number of journal entries needed to record the note payable itself, accrued interest, and finally the repayment. Suppose for example, a business issues a note payable for 15,000 due in 3 months at 8% simple interest in order to obtain a loan, then the total interest due at the end of the 3 months is 15,000 x 8% x 3 / 12 = 300.