Business, 01.02.2021 22:10 Fintastichumanoid

On October 1, Bandor Company sold land (that cost $30,000) on credit for $35,000. The buyer issued an 8%, 12-month note for this amount, with the interest to be paid on the maturity date. Required: Prepare journal entries to record the sale of the land and the related year-end adjusting entry.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 22:30, indiareed0orv5ul

What two elements normally must exist before a person can be held liable for a crime

Answers: 1

continue

Business, 22.06.2019 17:30, SkyMelvin

What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?

Answers: 1

continue

Business, 22.06.2019 21:00, rasbuurry

Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows:

Answers: 1

continue

Business, 22.06.2019 22:00, tydukes10

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."

Answers: 1

continue

You know the right answer?

On October 1, Bandor Company sold land (that cost $30,000) on credit for $35,000. The buyer issued a...