June 23. Received a $48,000, 90-day, 8% note dated June 23 from Radon Express Co. on account. Sept. 21. The note is dishonored by Radon Express Co. Oct. 21. Received the amount due on the dishonored note plus interest for 30 days at 10% on the total amount charged to Radon Express Co. on September 21.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “June 23. Received a $48,000, 90-day, 8% note dated June 23 from Radon Express Co. on account. Sept. 21. The note is dishonored by Radon ...” 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
A dilemma of regulation is that:a. regulated pricing always conflicts with the "due process" provision of the Constitution. b. the regulated price that achieves allocative efficiency is also likely to result in losses. c.
Answers (1)
If a nondiscriminating imperfectly competitive firm is selling its 100th unit of output for $35, its marginal revenue: a. will be less than $35. b. will be greater than $35. c. will also be $35. d. may be either greater or less than $35.
Answers (1)
The risk-free rate is 2%; Stock A's expected return is 8% and its beta is 1.2; Stock B's expected return is 7.5% and its beta is. 89. Which stock has a better risk-adjusted returns?
Answers (1)
Penrose Corporation acquired 80% of the voting stock of Speedy Company several years ago. There were no revaluations of Speedy's identifiable net assets, and the excess of acquisition cost over Speedy's book value was attributed entirely to goodwill.
Answers (1)
CopperCore Inc., a U. S. business, took a 31 percent equity interest in Javier Holdings, a family business based in Spain. According to the U. S. Department of Commerce, this would be an example of
Answers (1)
New Questions in Business
Stock in 1999 your parents bought $3000 worth of stock. in 2000 the value of the stock jumped to $6000. however since that time, the stock has decreased in value by 6.5% per year.
Answers (1)
True or False: When a country is too small to affect the world price, allowing free trade will have a non-negative effect on total surplus in that country, regardless of whether it imports or exports as a result of international trade. True False
Answers (1)
Assume Canada can either produce three bushels of barley or six bushels of hay in a set period of time, and China can produce either two bushels of barley or three bushels of hay in a set period of time.
Answers (1)
The financial statements for Harold Corporation contained the following information: Accounts receivable $ 5,000 Sales revenue 75,000 Cash 15,000 Salaries and wages expense 20,000 Rent expense 10,000 How much was Harold's net income?
Answers (1)
Nastasha has a gross income of $66,429. she can make adjustments of $14,490 for business losses, $3,584 for business expenses, and $4,813 for contributions to her retirement plan. what is nastasha's adjusted gross income? a. $109,971 b. $22,887 c.
Answers (1)