Business, 26.03.2020 21:49 diamondk2019
On June 30, 2021, the Esquire Company sold merchandise to a customer and accepted a noninterest-bearing note in exchange. The note requires payment of $48,000 on March 31, 2022. The fair value of the merchandise exchanged is $44,760. Esquire views the financing component of this contract as significant. Required: 1. Prepare journal entries to record the sale of merchandise (omit any entry that might be required for the cost of the goods sold), any December 31, 2021 interest accrual, and the March 31, 2022 collection. 2. What is the effective interest rate on the note
Answers: 3
Business, 21.06.2019 21:30
An office manager is concerned with declining productivity. despite the fact that she regularly monitors her clerical staff four times each dayāat 9: 00 am, 11: 00 am, 1: 00 pm, and again at 3: 00 pmāoffice productivity has declined 30 percent since she assumed the helm one year ago. would you recommend that the office manager invest more time monitoring the productivity of her clerical staff? explain.
Answers: 3
Business, 22.06.2019 11:00
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 1
Business, 22.06.2019 11:00
What is the advantage of developing criteria for assessing the effectiveness of business products and processes? a. assessment criteria are answers. b.assessment criteria are inexpensive. c.assessment criteria provide you with a list of relevant things to measure. d.assessment criteria provide you with a list of people to contact to learn more about process mentoring.
Answers: 3
Business, 22.06.2019 13:30
Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, peteās three children, naomi, daniel, nick; fredās three children, heather, chris and steve; and lucyās two children, david and rachel. joseās will states the following āi leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.ā which of the following statements is correct? (a) under joseās will rachel will receive $150,000. (b) under joseās will chris will receive $150,000. (c) under joseās will nick will receive $100,000. (d) under joseās will pete will receive $200,000.
Answers: 1
On June 30, 2021, the Esquire Company sold merchandise to a customer and accepted a noninterest-bear...
Mathematics, 10.06.2020 21:57
Mathematics, 10.06.2020 21:57
Mathematics, 10.06.2020 21:57
English, 10.06.2020 21:57
Physics, 10.06.2020 21:57
Mathematics, 10.06.2020 21:57
Biology, 10.06.2020 21:57
Social Studies, 10.06.2020 21:57