Business
Business, 19.11.2019 04:31, 1thousandwishes

Keesha co. borrows $200,000 cash on november 1, 2018, by signing a 90-day, 9% note with a face value of $200,000. 1. on what date does this note mature? 2. & 3. what is the amount of interest expense in 2018 and 2019 from this note? 4. prepare journal entries to record (a) issuance of the note (b) accrual of interest at the end of 2018.(c) payment of the note at maturity. (assume no reversing entries are made.)'

answer
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, Bri0929
Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.
Answers: 1
image
Business, 22.06.2019 03:00, marahsenno
How could brian, who doesn't want his car insurance premiums to increase, show he poses a low risk to his insurance company? a: drive safely to avoid accidents and traffic citations b: wash and wax his car regularly to keep it clean c: allow unlicensed drivers to drive carelessly in his car d: incur driver's license points from breaking driving laws
Answers: 1
image
Business, 22.06.2019 06:00, esnyderquintero
Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.
Answers: 1
image
Business, 22.06.2019 11:40, maddied2443
The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?
Answers: 3
Do you know the correct answer?
Keesha co. borrows $200,000 cash on november 1, 2018, by signing a 90-day, 9% note with a face value...

Questions in other subjects:

Konu
Mathematics, 07.07.2020 17:01
Konu
Health, 07.07.2020 17:01
Konu
Mathematics, 07.07.2020 17:01