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Business, 13.04.2021 04:00 allimaycatp8qgaq
Paper Company receives a $6,000, 3-month, 6% promissory note from Dame Company in settlement of an open accounts receivable. What entry will Paper Company make upon receiving the note? Group of answer choices Notes Receivable—Dame Company 6,000 Accounts Receivable—Dame Company 6,000 Notes Receivable—Dame Company 6,090 Accounts Receivable—Dame Company 6,090 Notes Receivable—Dame Company 6,000 Interest Revenue 90 Accounts Receivable—Dame Company 6,000 Interest Receivable 90 Notes Receivable—Dame Company 6,090 Accounts Receivable—Dame Company 6,000 Interest Revenue 90
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Business, 22.06.2019 16:10
The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense
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Paper Company receives a $6,000, 3-month, 6% promissory note from Dame Company in settlement of an o...
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