subject
Business, 04.04.2020 03:58 PopRoxs20

On April 12, Hong Company agrees to accept a 60-day, 6%, $6,900 note from Indigo Company to extend the due date on an overdue account. What is the journal entry that Indigo Company would make, when it records payment of the note on the maturity date

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 08:00
Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate
Answers: 2
question
Business, 22.06.2019 12:20
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
question
Business, 22.06.2019 14:00
Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate
Answers: 1
question
Business, 22.06.2019 14:30
Taking commercial paper means the holder acts honestly
Answers: 1
You know the right answer?
On April 12, Hong Company agrees to accept a 60-day, 6%, $6,900 note from Indigo Company to extend t...
Questions
question
History, 09.05.2020 17:57
Questions on the website: 13722361