Randie Company lends Luann Company $10,000 on April 1, accepting a four-month, 6% interest note. Randie Company prepares financial statements on April 30. What adjusting entry should be made before the financial statements can be prepared?
A. Interest Receivable 200
Interest Revenue 200
B. Note Receivable 10,000
Cash 10,000
C. Interest Receivable 50
Interest Revenue 50
D. Cash 50
Interest Revenue 50
Answers: 1
Business, 21.06.2019 18:10, diamondk2019
In a sumif conditional function, what should be the order of terms in the parentheses?
Answers: 1
Business, 22.06.2019 06:00, slimt69561
When an interest-bearing note comes due and is uncollectible, the journal entry includes debitingaccounts receivable and crediting notes receivable and interest revenue. accounts receivable and crediting interest revenue. notes receivable and crediting accounts receivable and interest revenue. notes receivable and crediting accounts receivable.
Answers: 3
Business, 22.06.2019 13:30, Mariaisagon9050
Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.
Answers: 1
Business, 22.06.2019 21:00, victorialeverp714lg
Adecision is made at the margin when each alternative considers
Answers: 3
Randie Company lends Luann Company $10,000 on April 1, accepting a four-month, 6% interest note. Ran...
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