Taylor Bank lends Guarantee Company $92,811 on January 1. Guarantee Company signs a $92,811, 12%, nine-month note. The entry made by Guarantee Company on January 1 to record the proceeds and issuance of the note is
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Taylor Bank lends Guarantee Company $92,811 on January 1. Guarantee Company signs a $92,811, 12%, nine-month note. The entry made by ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
McKenzie purchased qualifying equipment for his business that cost $309,500 in 2019. The taxable income of the business for the year is $40,100 before consideration of any § 179 deduction.
Answers (1)
Beef, pork and poultry are part of what category in the food manufacturing industry
Answers (2)
Which group creates regulations in mixed-market economies? Consumers governments monopolies producers
Answers (2)
During october, alameda company had $102,500 of cash receipts and $103,150 of cash disbursements. the october 31 cash balance was $18,600. determine how much cash the company had at the close of business on september 30.
Answers (1)
15. Physical counts of inventory: A) Are not necessary under the perpetual system. B) Are necessary to adjust the Inventory account to the actual inventory available. C) Must be taken at least once a month.
Answers (2)
New Questions in Business
A "universal product code" (upc) : 1. was required by the federal fair packaging and labeling act. 2. slows down the retail checkout process. 3. all of the above are true. 4. involves placing the price per ounce on or near the product. 5.
Answers (1)
On September 15, 2021, Oliver's Mortuary received a $3,600, nine-month note bearing interest at an annual rate of 14% from the estate of Jay Hendrix for services rendered. Oliver's has a December 31 year-end.
Answers (1)
The fixed-order quantity inventory model is more appropriate for important items such as critical repair parts because there is closer monitoring and therefore quicker response to a potential stockout. a) trueb) false
Answers (1)
Requiring segregation of duties in a business eliminates the need for the work of one employee to serve as a check on the work of other employees.
Answers (1)
At December 31, 2018, the following information was available for Deen Company: ending inventory $22,600; beginning inventory $21,400; cost of goods sold $171,000; and sales revenue $430,000.
Answers (1)