The company has to pay 11% interest for funds from its bank.
a. Record the two journal...
Business, 11.03.2020 22:07 jvocare894
The company has to pay 11% interest for funds from its bank.
a. Record the two journal entries that should be recorded by Cullumber Company for the two purchases on January 1, 2020.
b. Record the interest at the end of the first year on both notes using the effective-interest method.
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 23:00, montecillolinda
The company financial officer was interested in the average cost of pcs that had been purchased in the past six months. she took a random sample of the price of 10 computers, with the following results. $3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000 what is the iqr?
Answers: 2
Business, 22.06.2019 09:40, cerna
Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?
Answers: 1
Business, 22.06.2019 20:00, hunter3978
Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?
Answers: 2
You know the right answer?
Questions in other subjects:
Mathematics, 29.01.2022 09:10
Mathematics, 29.01.2022 09:10
Health, 29.01.2022 09:10
