Business
Business, 07.05.2020 11:58, lobatospitones

Paper Company receives a $6,000, 3-month, 6% promissory note from Dame Company in settlement of an open accounts receivable. What entry will Paper Company make upon receiving the note? Group of answer choices Notes Receivable—Dame Company 6,000 Accounts Receivable—Dame Company 6,000 Notes Receivable—Dame Company 6,090 Accounts Receivable—Dame Company 6,090 Notes Receivable—Dame Company 6,000 Interest Revenue 90 Accounts Receivable—Dame Company 6,000 Interest Receivable 90 Notes Receivable—Dame Company 6,090 Accounts Receivable—Dame Company 6,000 Interest Revenue 90

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 20:20, derpmuffin47
On february 3, smart company sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. smart uses the perpetual inventory system and the gross method. truman pays the invoice on february 8, and takes the appropriate discount. the journal entry that smart makes on february 8 is:
Answers: 3
image
Business, 21.06.2019 20:40, ernie27
Which of the following actions is most likely to result in a decrease in the money supply? a. the discount rate on overnight loans is lowered. b. the government sells a new batch of treasury bonds. c. the federal reserve bank buys treasury bonds. d. the required reserve ratio for banks is decreased. 2b2t
Answers: 2
image
Business, 22.06.2019 08:30, dezmondpowell
Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price
Answers: 1
image
Business, 22.06.2019 10:30, foreignlove1039
When sending a claim to an insurance company for services provided by the physician, why are both icd-10 and cpt codes required to be submitted? how are these codes dependent upon each other? what would be the result of not submitting both codes on a medical claim to an insurance company?
Answers: 2
Do you know the correct answer?
Paper Company receives a $6,000, 3-month, 6% promissory note from Dame Company in settlement of an o...

Questions in other subjects:

Konu
English, 06.02.2021 01:40