subject
Business, 18.12.2019 21:31 naomi5321

Valley spa purchased $10,800 in plumbing components from tubman co. valley spa studios signed a 60-day, 14% promissory note for $10,800.

if the note is dishonored, what is the journal entry to record the dishonored note? (use 360 days a year.)a. debit accounts receivable-valley spa $10,800; credit notes receivable $10,800.b. debit accounts receivable-valley spa $11,052, credit interest revenue $252; credit notes receivable $10,800.c. debit bad debt expense $11,052; credit accounts receivable $11,052.d. debit accounts receivable $11,052; debit bad debt expense $252; credit notes receivable $10,800.e. debit bad debt expense $10,800; credit notes receivable $10,800.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:50
Which statement below best describes george waring's approach to solving the problems of water-borne illness? a. waring is going with his "gut," because he believes that instincts and emotions are the best guides for action. b. waring efficiently and thoroughly lays out the case for why the problems are too large and overwhelming to be solved: people should just move out of cities back to their farms. c. waring has gathered the testimonies of people who live in densely populated areas in order to learn how they themselves have solved their problems. d. waring exhibits the industrial age's increased respect for and reliance on science and the scientific method.
Answers: 1
question
Business, 22.06.2019 09:30
Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?
Answers: 2
question
Business, 22.06.2019 18:00
Match the different financial task to their corresponding financial life cycle phases
Answers: 3
question
Business, 22.06.2019 18:30
Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.
Answers: 3
You know the right answer?
Valley spa purchased $10,800 in plumbing components from tubman co. valley spa studios signed a 60-d...
Questions
question
Mathematics, 15.12.2020 21:40
question
Mathematics, 15.12.2020 21:40
Questions on the website: 13722367