subject
Business, 23.07.2020 02:01 aaqa3735

On April 12, Hong Company agrees to accept a 60-day, 10%, $5,900 note from Indigo Company to extend the due date on an overdue account. What is the journal entry needed to record the transaction by Indigo Company

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:40
Steffi is reviewing various licenses and their uses. match the licenses to their respective uses.
Answers: 3
question
Business, 22.06.2019 08:40
Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates
Answers: 2
question
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
question
Business, 22.06.2019 19:40
Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.
Answers: 3
You know the right answer?
On April 12, Hong Company agrees to accept a 60-day, 10%, $5,900 note from Indigo Company to extend...
Questions
question
Mathematics, 19.12.2020 02:50
question
Social Studies, 19.12.2020 02:50
Questions on the website: 13722367