On december 31, 2020, skysong inc. rendered services to beghun corporation at an agreed price of $111,233, accepting $43,600 down and agreeing to accept the balance in four equal installments of $21,800 receivable each december 31. an assumed interest rate of 11% is imputed. prepare an amortization schedule. assume that the effective-interest method is used for amortization purposes.

Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate

10.     lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d   incorrect

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)