subject
Business, 18.02.2020 21:48 jeffersonpaul283

On July 1, 2018, Herzog Mining lends cash and accepts a $9,000 note receivable that offers 10% interest and is due in nine months. How would Herzog record the transaction on April 1, 2019, when the borrower pays Herzog the correct amount owed?

A. Cash 9,675
Notes Receivable 9,000
Interest Revenue 675
B. Cash 9,675
Notes Receivable 9,000
Interest Revenue 225
Interest Receivable 450
C. Cash 9,675
Notes Receivable 9,000
Interest Receivable 675
D. Cash 9,675
Notes Receivable 9,675

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 04:30, awdadaddda
Galwaysc electronics makes two products. model a requires component a and component c. model b requires component b and component c. new versions of both models are released each year with updated versions of all components. all components are sourced overseas, and abc contracts annually for a quantity of each component before seeing that year’s demand. components are only assembled into finished products once demand for each model is known. for the coming year, alwaysc’s purchasing manner has proposed ordering 500,000 units of component a, 630,000 of component b, and 1,000,000 units of component c. her boss has asked why she has recommended purchasing so much of components a and b when alwaysc will not have enough of component c to fully use all of the inventory of a and b. what factors might the purchasing manager cite to explain her recommended order? explain your reasoning.
Answers: 3
image
Business, 22.06.2019 06:00, aliami0306oyaj0n
Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow
Answers: 3
image
Business, 22.06.2019 10:30, gonzalesalexiaouv1bg
The advertisement demonstrates a popular way companies try to sell a product. what should consumers consider when it comes to the price of this product? it includes shipping and handling costs. it takes into account maintenance costs. it explains why this price is a good deal. it makes the full cost appears lower than it is.
Answers: 1
image
Business, 22.06.2019 10:50, hsjsjsjdjjd
Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?
Answers: 2
You know the right answer?
On July 1, 2018, Herzog Mining lends cash and accepts a $9,000 note receivable that offers 10% inter...

Questions in other subjects:

Konu
Mathematics, 08.03.2021 20:00
Konu
History, 08.03.2021 20:00