On october 1, 2017, chung, inc. assigns $1,000,000 of its accounts receivable to seneca national bank as collateral for a $750,000 note. the bank assesses a finance charge of 2% of the receivables assigned and interest on the note of 9%.

prepare the october 1 journal entries for both chung and seneca. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. c

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

The different concepts in the architecture operating model are aligned with how the business chooses to integrate and standardize with an enterprise solution. in the the technology solution shares data across the enterprise.

You cannot make copies of media, even as a personal backup, without violating copyright. true