Business, 21.11.2019 02:31 talanna394
On january 1, 2021 exibit company purchased land costing $800.000. instead of paying cash at the time of purchase. jalen plans to make four installment payments of $215,221.64 on june 30 and december 31 in 2021 and 2022.
they payments include interest at a rate of 6%.1.record the purchase of land when the note is issued2. record the first installment payment on june 30, 2021 and the second installment payment on december 31, 20213.calculate the balance of notes payable and interest expense on december 31, 2021
Answers: 3
Another question on Business
Business, 22.06.2019 00:00
If his parents cannot alex with college, and two of his scholarships will be awarded to other students if he does not accept them immediately, which is the best option for him?
Answers: 1
Business, 22.06.2019 11:00
In each of the following cases, find the unknown variable. ignore taxes. (do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) accounting unit price unit variable cost fixed costs depreciation break-even 20,500 $ 44 $ 24 $ 275,000 $ 133,500 44 4,400,000 940,000 8,000 75 320,000 80,000
Answers: 3
Business, 22.06.2019 16:50
Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?
Answers: 2
Business, 22.06.2019 21:10
Ahospital purchases a $500,000 magnetic resonance imaging (mri) machine that has a useful life of 9 years. the salvage value at the end of 9 years is $77,000. (a) write a linear equation that describes the value y (in dollars) of the mri machine in terms of the time t (in years), 0 ≤ t ≤ 9. (b) find the value, in dollars, of the machine after 6 years. $ (c) find the time, in years, when the value of the equipment will be $140,000. (round your answer to two decimal places.) yr
Answers: 2
You know the right answer?
On january 1, 2021 exibit company purchased land costing $800.000. instead of paying cash at the tim...
Questions
Chemistry, 29.11.2019 23:31
Social Studies, 29.11.2019 23:31
Mathematics, 29.11.2019 23:31
Social Studies, 29.11.2019 23:31
Mathematics, 29.11.2019 23:31
History, 29.11.2019 23:31
Mathematics, 29.11.2019 23:31
Mathematics, 29.11.2019 23:31
English, 29.11.2019 23:31
