subject
Business, 18.11.2019 22:31 skyflyer878

Sheridan corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. during the last part of 2022, sheridan had the following transactions related to notes payable. sept. 1 issued a $15,600 note to pippen to purchase inventory. the 3-month note payable bears interest of 7% and is due december 1. (sheridan uses a perpetual inventory system.) sept. 30 recorded accrued interest for the pippen note. oct. 1 issued a $22,800, 10%, 4-month note to prime bank to finance the purchase of a new climbing wall for advanced climbers. the note is due february 1. oct. 31 recorded accrued interest for the pippen note and the prime bank note. nov. 1 issued a $30,000 note and paid $9,300 cash to purchase a vehicle to transport clients to nearby climbing sites as part of a new series of climbing classes. this note bears interest of 8% and matures in 12 months. nov. 30 recorded accrued interest for the pippen note, the prime bank note, and the vehicle note. dec. 1 paid principal and interest on the pippen note. dec. 31 recorded accrued interest for the prime bank note and the vehicle note. (a) prepare journal entries for the transactions noted above. (credit account titles are automatically indented when amount is entered. do not indent manually. record journal entries in the order presented in the problem.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
The beach dude (bd) employs a legion of current and former surfers as salespeople who push its surfing-oriented products to various customers (usually retail outlets). this case describes bd's sales and collection process. each bd salesperson works with a specific group of customers throughout the year. in fact, they often surf with their customers to try out the latest surf gear. the bd salespeople act laid-back, but they work hard for their sales. each sale often involves hours of surfing with their customers while the customers sample all the latest surf wear. because bd makes the best surfing products, the customers look forward to the visits from the bd salespeople. and they often buy a lot of gear. each sale is identified by a unique invoice number and usually involves many different products. customers pay for each sale in full within 30 days, but they can combine payments for multiple sales. bd manages its clothing inventory by item (e.g., xl bd surfer logo t-shirts), identified by product number, but it also classifies the items by clothing line (the lines are differentiated by price points as well as the intended use of the clothing, e.g., surfing products, casual wear, . draw a uml class diagram that describes the beach dudes sales and collection process.b. using microsoft access, implement a relational database from your uml class diagram. identify at least three fields per table.c. describe how you would use the relational database to determine the beach dude’s accounts receivable.
Answers: 3
question
Business, 22.06.2019 07:30
When the national economy goes from bad to better, market research shows changes in the sales at various types of restaurants. projected 2011 sales at quick-service restaurants are $164.8 billion, which was 3% better than in 2010. projected 2011 sales at full-service restaurants are $184.2 billion, which was 1.2% better than in 2010. how will the dollar growth in quick-service restaurants sales compared to the dollar growth for full-service places?
Answers: 2
question
Business, 22.06.2019 16:10
The brs corporation makes collections on sales according to the following schedule: 30% in month of sale 66% in month following sale 4% in second month following sale the following sales have been budgeted: sales april $ 130,000 may $ 150,000 june $ 140,000 budgeted cash collections in june would be:
Answers: 1
question
Business, 22.06.2019 16:20
Carlos hears juan and rita’s complaints about the new employees with whom they have to work with, as well as their threats to quit the company. if carlos were to reassign juan and rita to new, unique roles and separate them from the ronny and bill, it would signal that carlos has moved into the stage of managing resistance.
Answers: 3
You know the right answer?
Sheridan corporation sells rock-climbing products and also operates an indoor climbing facility for...
Questions
question
Mathematics, 05.09.2020 20:01
Questions on the website: 13722360