Business
Business, 24.03.2020 18:03, tristanmatthias3456

Blossom Company has the following transactions related to notes receivable during the last 2 months of 2019. The company does not make entries to accrue interest except at December 31.

Nov. 1 Loaned $66,000 cash to C. Bohr on a 12-month, 5% note.
Dec. 11 Sold goods to K. R. Pine, Inc., receiving a $5,400, 90-day, 7% note.
Dec. 16 Received a $7,200, 180-day, 9% note to settle an open account from A. Murdock.
Dec. 31 Accrued interest revenue on all notes receivable.

Required:
Journalize the transactions for Blossom Company.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 09:30, cwebb4383
Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?
Answers: 2
image
Business, 22.06.2019 11:30, Merida06
12.     to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill. student a   incorrect which is correct answer?
Answers: 2
image
Business, 22.06.2019 13:30, Geo777
You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?
Answers: 1
image
Business, 22.06.2019 15:00, aesthetickait
(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?
Answers: 2
Do you know the correct answer?
Blossom Company has the following transactions related to notes receivable during the last 2 months...

Questions in other subjects:

Konu
English, 27.02.2021 01:00
Konu
History, 27.02.2021 01:00
Konu
Mathematics, 27.02.2021 01:00
Konu
English, 27.02.2021 01:00
Konu
Mathematics, 27.02.2021 01:00