Business, 06.08.2019 22:30 joelpimentel

Bull city industries is considering issuing a $100,000, 7% note to a creditor on account. required: a. if the note is issued with a 45-day term, journalize the entries to record (refer to the company’s chart of accounts for exact wording of account titles): 1. the issuance of the note. 2. the payment of the note at maturity. assume a 360-day year. b. if the note is issued with a 90-day term, journalize the entries to record (refer to the company’s chart of accounts for exact wording of account titles): 1. the issuance of the note. 2. the payment of the payment of the note at maturity. assume a 360-day year.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:40, Patricia2121

•broussard skateboard’s sales are expected to increase by 15% from $8 million in 2016 to $9.2 million in 2017. its assets totaled $5 million at the end of 2016. broussard is already at full capacity, so its assets must grow at the same rate as projected sales. at the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. the after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 40%. use the afn equation to forecast broussard’s additional funds needed for the coming year

Answers: 2

continue

Business, 22.06.2019 17:20, shakira11harvey6

Andy owns islander surfboard inc. in the past, andy has always given his employees bonuses during the holidays if they reached certain sales goals. this year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. what ethical theory of leadership is andy following?

Answers: 1

continue

Business, 22.06.2019 18:00, Elephants12

What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand

Answers: 1

continue

Business, 22.06.2019 20:00, adriannacomrosenbark

Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. this increased level of is leading to increased emphasis on management.

Answers: 2

continue

You know the right answer?

Bull city industries is considering issuing a $100,000, 7% note to a creditor on account. required:...