WebStudy with Quizlet and memorize flashcards containing terms like Sellers allow customers to use credit cards for all of the following reasons except:, A 90-day note issued on April 10 … Web12 de fev. de 2024 · On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $45,000. Alan made the appropriate year-end accrual. What is the journal entry as of March 1 to record the payment of the note assuming no reversing entry was made See answer Advertisement andromache Answer:
On November 1, Alan company signed a 120-day, 8% note …
Web31 de mar. de 2024 · A recent article from The Washington Post highlights how divided America’s home heating mix is. Across the US, home heating fuel types comprise roughly 47% natural gas, 40% electricity, 5% propane, 4% oil, and 2% other fuels. The Washington Post finds that in the South, electricity is the most prominent source of power. Web16 de out. de 2024 · On November 1, Alan Company signed a 120-day, 8% note payable, with a face value of $9,000. Alan made the appropriate year-end accrual. What is the journal entry as of March 1 to record the payment of the note assuming no reversing entry was made? (Use 360 days a year.) Answers how to take insulin for bodybuilding
On November 1, Alan Company signed a 120-day, 9% note …
WebThe accounting principle that requires revenue to be recorded when earned is the: Debit Interest Receivable, $1,000; credit Interest Revenue, $1,000.; 100,00 0.06 60/360 = … WebOn November 1, Alan Company signed a 120-day, 9% note payable, with a face value of $36,000. Alan made the appropriate year-end accrual. What is the journal entry as of … WebExpert Answer. Answer 1 Interest = 9000 * 8% * (120/360) = $240 Maturity value of the bond is therefore $9,000 + $240 = $9,240 Therefore option 5 is the correct answer. Answer 2 … ready tech go radiology