Business, 13.07.2021 17:10 ineedhelp2285

2018 Feb. 1 Loaned $12,000 cash to Candace Smith on a one-year, 6% note.
Apr. 6 Sold goods to Park Pro, receiving a 90-day, 12% note for $6,000. Ignore Cost of Goods Sold.
Apr. 30 Made a single entry to accrue interest revenue on both notes.

Required:
Journalize the entires.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 20:10

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Answers: 3

Answer

Business, 22.06.2019 11:30

(select all that apply) examples of email use that could be considered unethical include denying receiving an e-mail requesting that you work late forwarding a chain letter asking for donations to a good cause sending a quick message to your friend about last weekend sending your boss the monthly sales figures in an attachment setting up a meeting with your co-worker sharing a funny joke with other employees

Answers: 2

Answer

Business, 22.06.2019 19:40

Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%

Answers: 3

Answer

Business, 22.06.2019 21:00

On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?

Answers: 3

Answer

You know the right answer?

2018 Feb. 1 Loaned $12,000 cash to Candace Smith on a one-year, 6% note.
Apr. 6 Sold goods t...

Questions