Business, 27.11.2019 06:31 tintlemax6256

On august 1, kim company accepted a 90-day note receivable as payment for services provided to hsu company. the terms of the note were $10,000 face value and 6% interest. on october 30, the journal entry to record the collection of the note should include a

answer

a.
debit to interest receivable for $150
b.
debit to notes receivable for $10,000
c.
credit to notes receivable for $10,150
d.
credit to interest revenue for $150

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 16:10

Reliable electric is a regulated public utility, and it is expected to provide steady dividend growth of 5% per year for the indefinite future. its last dividend was $6 per share; the stock sold for $50 per share just after the dividend was paid. what is the company’s cost of equity? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Answers: 2

Answer

Business, 22.06.2019 09:20

Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.

Answers: 1

Answer

Business, 22.06.2019 11:20

Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii

Answers: 1

Answer

Business, 22.06.2019 16:40

Determining effects of stock splits oracle corp has had the following stock splits since its inception. effective date split amount october 12, 2000 2 for 1 january 18, 2000 2 for 1 february 26, 1999 3 for 2 august 15, 1997 3 for 2 april 16, 1996 3 for 2 february 22, 1995 3 for 2 november 8, 1993 2 for 1 june 16,1989 2 for 1 december 21, 1987 2 for 1 march 9, 1987 2 for 1 a. if the par value of oracle shares was originally $2, what would oracle corp. report as par value per share on its 2015 balance sheet? compute the revised par value after each stock split. round answers to three decimal places.

Answers: 1

Answer

You know the right answer?

On august 1, kim company accepted a 90-day note receivable as payment for services provided to hsu c...

Questions