Advanced Placement (AP)
Advanced Placement (AP), 31.08.2019 23:30, sabrinarasull1pe6s61

On april 12, hong company agrees to accept a 60-day, 10%, $4,500 note from indigo company to extend the due date on an overdue account. what is the journal entry needed to record the transaction by indigo company?

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Business, 23.07.2019 11:50, Osmin
On april 12, hong company agrees to accept a 60-day, 10%, $4,500 note from indigo company to extend the due date on an overdue account. what is the journal entry that indigo company would make, when it records payment of the note on the maturity date? (use 360 days a year.)
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Business, 28.07.2019 13:50, KyiahDenise
On april 12, hong company agrees to accept a 60-day, 9%, $7,200 note from indigo company to extend the due date on an overdue account. what is the journal entry needed to record the payment of the note by indigo company on the maturity date
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Business, 29.07.2019 19:20, ronniethefun
On april 12, hong company agrees to accept a 60-day, 10%, $6,100 note from indigo company to extend the due date on an overdue account. what is the journal entry needed to record the transaction by indigo company?
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Business, 18.10.2019 20:10, AdiGirlBrainly
Spring designs decorators issued a 180-day, 9% note for $88,400, dated april 13 to jaffe furniture company on account. required: a. determine the due date of the note. b. determine the maturity value of the note. assume a 360-day year when calculating interest. c. journalize the entries to record the following: (1) receipt of the note by jaffe furniture and (2) receipt of payment of the note at maturity. refer to the chart of accounts for exact wording of account titles. chart of accounts jaffe furniture company general ledger
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