On november 1 alan company signed a 120 day
Web9 de mai. de 2024 · On November 1, Alan Company signed a 120-day, 8% note payable, with a face value of $9,000. What is the adjusting entry for the accrued interest at December 31 on the note? Debit interest payable, $120; credit interest expense, $120. Debit interest payable, $240; credit interest expense, $240. Web13 de nov. de 2024 · Answer: $27,900 Explanation: From the question, we are informed that on November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $27,000. The maturity value of the note on the note on March 1 will be the face value plus the interest. This will be: = $27,000 + [ ($27,000 × 10%)/360 × 120] = $27,000 + [ …
On november 1 alan company signed a 120 day
Did you know?
Web31 de jul. de 2024 · From the question, we are informed that on November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $27,000. The … WebQuestion: On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $11.700. What is the adjusting entry for the accrued interest at December …
WebQuestion On November 1, Alan Company signed a 120-day, 8% note payable,with a face value of $9,000. What is the adjusting entry for theaccrued interest at... On November 1, … Web12 de fev. de 2024 · On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $45,000. Alan made the appropriate year-end accrual. What is the …
WebOn November 1, Alan Company signed a 120-day, 12% note payable, with a face value of $10,800 What is the maturity value of the note on March 1? (Use 360 days a year.) a) $11,088 b) $11,016 c) $11,232 d) $10,944 e) $10,800 2. Athena Company provides employee health insurance that costs $15,100 per month. Web30 de out. de 2024 · On November 1, Alan Company signed a 120-day, 9% note payable, with a face value of $24,000. Alan made the appropriate year-end accrual. What is the …
WebOn November 1, Alan Company signed a 120-day, 12% note payable, with a face value of $10,800 What is the maturity value of the note on March 1? (Use 360 days a year.) a) $11,088 b) $11,016 c)...
WebOn November 1, Alan Company signed a 120-day, 9% note payable, with a face value of $25,200. What is the maturity value (principal plus interest) of the note on March 1? (Use 360 days a year.) Multiple Choice $25,956 $25,704 $25,200 $25,452 business accounting 0 0 Add a comment Improve this question Transcribed image text Next > < Previous chuck herring attorneyWeb16 DAYS OF GLOBAL ACTIVISM runs every year from 25 November to 10 December, bringing together thousands of organisations and individuals around the world to campaign for the elimination of all forms of violence against women and girls. chuck hicks actorWebRelease Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight chuck hickeyWebOn November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $22,500. What is the adjusting entry for the accrued Interest at December 31 on the note? (Use 360 days a year.) Answer The adjustment entry would be: DateAccounts titleDebitCreditWorking 31-DecInterest Costs$3751 Nov to Dec = 60 Days Interest payable chuck hicksWebOn November 1, Alan Company signed a 120-day, 9% note payable, with a face value of $36,000. Alan made the appropriate year-end accrual. What is the journal entry as of … chuck hicks mdWeb13 On November 1 Carter Company signed a 120 day 10 note payable with a face. 13 on november 1 carter company signed a 120 day 10. School Sultan Idris University of Education; Course Title ACCOUNTING 1; Uploaded By MegaVulturePerson745. Pages 5 This preview shows page 3 - 5 out of 5 pages. chuck hicks mizzouWebA24 is an American independent entertainment company that specializes in film and television production, as well as film distribution, based in Manhattan, New York City.It was founded as A24 Films by Daniel Katz, David Fenkel, and John Hodges in 2012. The company changed its name to A24 in 2016, and entered co-distribution deals with Apple … chuck hewett - state farm insurance agent