Lcd industries purchased a supply of electronic components from entel corporation on november 1, 2016. in payment for the $24.9 million purchase, lcd issued a 1-year installment note to be paid in equal monthly payments at the end of each month. the payments include interest at the rate of 18%. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) 1 & 2 prepare the journal entries for lcd’s purchase of the components on november 1, 2016 and the first installment payment on november 30, 2016. 3. what is the amount of interest expense that lcd will report in its income statement for the year ended december 31, 2016? .
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Business, 22.06.2019 19:00, RoyalGurl01
Describe how to write a main idea expressed as a bottom-line statement
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Business, 22.06.2019 20:40, shaunalab
Helen tells her nephew, bernard, that she will pay him $100 if he will stop smoking for six months. helen was hopeful that if bernard stopped smoking for six months, he would stop altogether. bernard stops smoking for six months but then resumes his smoking. helen will not pay him. she says that the type of promise she made cannot constitute a binding contract and that, furthermore, it was at least implied that he would stop smoking for good. can bernard legally collect $100 from helen
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Business, 23.06.2019 00:20, hdhdhd49jdhd
Barney corporation recognized a $100 million preferred stock balance on 12/31/2019. on january 1, 2020, barney issued $10 million in preferred dividends. on the same date, barney raised an additional $20 million via a new issuance of preferred stock. on december 31, 2020, the market value of the original amount of preferred shares rose $5 million. under us gaap, the 12/31/2020 year ending preferred stock balance is:
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Lcd industries purchased a supply of electronic components from entel corporation on november 1, 201...
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