Business, 28.08.2020 01:01 towelmearowel

On July 9, Mifflin Company receives a $8,900, 90-day, 12% note from customer Payton Summersas payment on account. What entry should be made on the maturity date assuming the maker pays in full? (Use 360 days a year.)A. Debit Cash $8,100; credit Notes Receivable $8,100.B. Debit Cash $8,262; credit Interest Revenue $162; credit Notes Receivable $8,100.C. Debit Cash $8,222; credit Interest Revenue $122; credit Notes Receivable $8,100.D. Debit Cash $8,208; credit Interest Revenue $108; credit Notes Receivable $8,100.E. Debit Notes Receivable $8,100; debit Interest Receivable $162; credit Sales $8,262.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 15:00

The boston hotel high-end linens 600-thread-count sheets coffeemaker and selected teas imported beer fresh-squeezed juices affordability food and drink double-thick bath towels silk pillowcases raw silk curtains with gold embellishments $100/night four-star rooms free snacks, shampoo, and conditioner free wireless internet

Answers: 3

Answer

Business, 22.06.2019 11:40

Select the correct answer brian wants to add a chart to his dtp project. what is the best way he can do this? a draw the chart using the dtp program draw option b create the chart in a spreadsheet then import it c. use the dtp chart wizard to create the chart within the dtp d. create an image of the chart in an image editor then import the image e use html code to create a chart within the dtp program

Answers: 3

Answer

Business, 22.06.2019 18:00

Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?

Answers: 3

Answer

Business, 22.06.2019 18:00

Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less

Answers: 1

Answer

You know the right answer?

On July 9, Mifflin Company receives a $8,900, 90-day, 12% note from customer Payton Summersas paymen...

Questions