Business
Business, 23.04.2020 04:26, rakanmadi87

On August 1, a $42,000, 7%, 3-year installment note payable is issued by a company. The note requires equal payments of principal plus accrued interest of $16,004.17. The entry to record the first payment on July 31 would include:a. $14,000.00.

b. $16,004.17.

c. $14,800.00.

d. $14,400.00.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 21:30, Jbutler15
The following cost data pertain to the operations of montgomery department stores, inc., for the month of july. corporate legal office salaries $ 75,300apparel department cost of sales"evendale store $ 97,200corporate headquarters building lease $ 50,300store manager's salary"evendale store $ 12,900apparel department sales commission"evendale store $ 11,550store utilities"evendale store $ 12,800apparel department manager's salary"evendale store $ 10,450central warehouse lease cost $ 18,600janitorial costs"evendale store $ 11,800 the evendale store is just one of many stores owned and operated by the company. the apparel department is one of many departments at the evendale store. the central warehouse serves all of the company's stores. required: 1. what is the total amount of the costs listed above that are direct costs of the apparel department? 2. what is the total amount of the costs listed above that are direct costs of the evendale store? 3. what is the total amount of the apparel department's direct costs that are also variable costs with respect to total departmental sales?
Answers: 1
image
Business, 22.06.2019 04:40, zayo8468
Who has summer school : ( because i do : (
Answers: 1
image
Business, 22.06.2019 06:30, makarockslynn4764
If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?
Answers: 1
image
Business, 22.06.2019 07:00, glizbethh00
What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?
Answers: 1
Do you know the correct answer?
On August 1, a $42,000, 7%, 3-year installment note payable is issued by a company. The note require...

Questions in other subjects:

Konu
Mathematics, 02.07.2019 08:30
Konu
Mathematics, 02.07.2019 08:30
Konu
Mathematics, 02.07.2019 08:30