Business
Business, 17.02.2020 23:26, jaydahh4059

During 2018, LeBron Corporation accepts the following notes receivable.

(a) On April 1, LeBron provides services to a customer on account. The customer signs a four-month, 9% note for $6,300.
(b) On June 1, LeBron lends cash to one of the company’s executives by accepting a six-month, 10% note for $10,300.
(c) On November 1, LeBron accepts payment for prior services by having a customer with a past due account receivable sign a three-month, 8% note for $5,300.

Record the acceptance of each of the notes receivable.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, kp2078
The owners of backstreets italian restaurant are considering starting a delivery service forpizza and their other italian dishes in the small college town where they are located. theycan purchase a used delivery van and have it painted with their name and logo for $21,500.they can hire part-time drivers who will work in the evenings from 5 p. m. to 10 p. m. for$8 per hour. the drivers are mostly college students who study at the restaurant when theyare not making deliveries. during the day, there are so few deliveries that the regular employeescan handle them. the owners estimate that the van will last 5 years (365 days per year)before it has to be replaced and that each delivery will cost about $1.35 in gas and othermaintenance costs (including tires, oil, scheduled service, they also estimate that onaverage each delivery order will cost $15 for direct labor and ingredients to prepare andpackage, and will generate $34 in revenue. a. how many delivery orders must backstreets make each month in order for the service to break even? b. the owners believe that if they have approximately the break-even number of deliveries during the week, they will at least double that number on fridays, saturdays, and sundays. if that’s the case, how much profit will they make, at a minimum, from their delivery service each month (4 weeks per month)?
Answers: 2
image
Business, 22.06.2019 02:30, kkpsmith
Required information [the following information applies to the questions displayed below.] the following data is provided for garcon company and pepper company. garcon company pepper company beginning finished goods inventory $ 13,800 $ 18,850 beginning work in process inventory 16,700 20,700 beginning raw materials inventory 8,800 13,500 rental cost on factory equipment 28,250 26,650 direct labor 22,400 37,400 ending finished goods inventory 17,300 14,300 ending work in process inventory 23,200 19,400 ending raw materials inventory 5,900 9,600 factory utilities 11,250 15,000 factory supplies used 10,900 5,700 general and administrative expenses 32,500 44,500 indirect labor 2,500 9,880 repairs—factory equipment 4,820 2,150 raw materials purchases 41,500 63,000 selling expenses 54,800 49,000 sales 238,530 317,510 cash 33,000 23,700 factory equipment, net 222,500 124,825 accounts receivable, net 13,400 23,950 required: 1. complete the table to find the cost of goods manufactured for both garcon company and pepper company for the year ended december 31, 2017. 2. complete the table to calculate the cost of goods sold for both garcon company and pepper company for the year ended december 31, 2017.
Answers: 2
image
Business, 22.06.2019 09:00, nicoleaaliyah
Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit
Answers: 1
image
Business, 22.06.2019 10:30, alyea231
Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst
Answers: 1
Do you know the correct answer?
During 2018, LeBron Corporation accepts the following notes receivable.

(a) On April 1,...

Questions in other subjects:

Konu
English, 21.11.2019 13:31
Konu
Mathematics, 21.11.2019 13:31
Konu
Mathematics, 21.11.2019 13:31