subject
Business, 18.09.2019 01:00 gbrightwell

The creditors of chester company agree to accept promissory notes for the amount of its indebtedness with a proviso that two-thirds of the annual profits must be applied to their liquidation. how should these notes be reported on the balance sheet of the issuing company? give a reason for your answer.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:20
It is week 1 and there are currently 20 as in stock. we need 300 as at the start of week 5. if there are scheduled receipts planned for week 3 and week 4 of 120 as each and a has a lead time of 1 week, when and how large of an order should be placed to meet the requirement of 300 as?
Answers: 3
question
Business, 21.06.2019 20:40
Ail industries uses activity-based costing to assist management in setting prices for the company's three major product lines. the following information is available: activity cost pool estimated overhead expected use of cost driver per activity cutting $1,000,000 25,000 labor hours stitching 8,000,000 320,000 machine hours inspections 2,800,000 160,000 labor hours packing 960,000 64,000 finished goods units compute the activity-based overhead rates. (round answers to 2 decimal places, e.g. 12.25.)
Answers: 2
question
Business, 22.06.2019 07:30
When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates
Answers: 1
question
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
Answers: 2
You know the right answer?
The creditors of chester company agree to accept promissory notes for the amount of its indebtedness...
Questions
question
Mathematics, 18.10.2020 14:01
question
Social Studies, 18.10.2020 14:01
question
Mathematics, 18.10.2020 14:01
question
Mathematics, 18.10.2020 14:01
Questions on the website: 13722361