"a company receives interest on a $90,000, 8%, 5-year note receivable each april 1. at december 31, 2017, the following adjusting entry was made to accrue interest receivable: interest receivable 5,400 interest revenue 5,400 assuming that the company does not use reversing entries, what entry should be made on april 1, 2018 when the annual interest payment is received? "

What do you mean by that?

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.