subject
Business, 28.12.2020 23:00 vaneayala3078

On January 1, a company issues a $100,000, three-year note that pays 9% interest annually. The market rate on the note is 6%. How much of the note premium should the company amortize in the first year

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 06:40
Depreciation on the company's equipment for 2017 is computed to be $18,000.the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains.the office supplies account had a $700 debit balance on december 31, 2016; and $3,480 of office supplies were purchased during the year. the december 31, 2017, physical count showed $300 of supplies available.two-thirds of the work related to $15,000 of cash received in advance was performed this period.the prepaid insurance account had a $6,800 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $5,800 of coverage had expired.wage expenses of $3,200 have been incurred but are not paid as of december 31, 2017.
Answers: 3
question
Business, 22.06.2019 20:20
Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ยฝ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourseโ€” think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.
Answers: 2
question
Business, 23.06.2019 12:30
Use the internet to research legal concerns that could result from increased use of technology in business. discuss some of these concerns.
Answers: 3
question
Business, 23.06.2019 22:00
New process is run on consecutive mornings for five days and the yields and other performance data are recorded. when the process goes into full-scale operation, it will be run continuously 24 hours a day. is it reasonable to consider the yield and performance data from the five morning runs a simple random sample
Answers: 1
You know the right answer?
On January 1, a company issues a $100,000, three-year note that pays 9% interest annually. The marke...
Questions
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Biology, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
History, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
question
Mathematics, 16.09.2020 06:01
Questions on the website: 13722359