Plunder inc. accepted a six-month noninterest-bearing note for $2,800 on january 1, 2018. the note was accepted as payment of a delinquent receivable of $2,500. the cash collection on july 1, 2018, would be recorded as:
discount on note receivable 300 interest revenue 300cash 2,800 note receivable 2,800cash 2,500 note receivable 2,500cash 2,800 accounts receivable 2,500interest revenue 300cash 2,500 discount on note receivable 300 note receivable 2,800

After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.

Tina is applying for the position of a daycare assistant at a local childcare center. which document should tina send with a résumé to her potential employer? a. educational certificate b. work experience certificate c. cover letter d. follow-up letter

As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget