Business, 18.09.2019 22:10, NarutoBeast8049
Plunder inc. accepted a six-month noninterest-bearing note for $2,800 on january 1, 2018. the note was accepted as payment of a delinquent receivable of $2,500. the cash collection on july 1, 2018, would be recorded as:
discount on note receivable 300 interest revenue 300cash 2,800 note receivable 2,800cash 2,500 note receivable 2,500cash 2,800 accounts receivable 2,500interest revenue 300cash 2,500 discount on note receivable 300 note receivable 2,800
Answers: 1
Business, 22.06.2019 11:40, derrion67
During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million
Answers: 1
Business, 22.06.2019 17:50, nayelieangueira
What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories
Answers: 3
Plunder inc. accepted a six-month noninterest-bearing note for $2,800 on january 1, 2018. the note w...
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