Wildhorse Company borrowed $321,000 on January 1, 2020, by issuing a $321,000, 10% mortgage note payable. The terms call for annual installment payments of $62,000 on December 31. Prepare the journal entries to record the mortgage loan and the first two installment payments. Indicate the amount of mortgage note payable to be reported as a current liability and as a long-term liability at December 31, 2020. (Round answers to 0 decimal places, e. g. 15,250.)

The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes