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Note receivable Prefix Supply Company
Note receivable
Prefix Supply Company received a 120-day, 6% note for $500,000, dated April 12 from a customer on account. Assume
1 answer
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17. On January 1, 2007, R company had Accounts Receivable $146,000, notes receivable $15,000, Allowance for Doubtful Accounts
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asked by
Alazer Hagota
131 views
23. On January 1,2007,R company had Accounts Receivable $146,000, notes Receivable $15,000,and Allowance for doubutful accounts
1 answer
asked by
Alazer Hagota
112 views
Cypress Oil Company's December 31, 2013, balance sheet listed $645,000 of notes receivable and $16,000 of interest receivable
1 answer
asked by
joyCypre
1,442 views
Which of the following adjustmnts will require the company to record a debit memo sent by the bank?
a. The bank collected a $550
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asked by
Anonymous
577 views
Hiroole Supply Corp. has the following selected transactions for notes receivable.
Nov. 1 Lent $114,000 cash to A. Bouchard on a
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asked by
Maya
1,051 views
A note receivable Mild Max Cycles discounted with recourse was dishonored on its maturity date. Mild Max would debit:
A. A loss
1 answer
asked by
Moore
987 views
Journalize the following transactions for Tammy Company:
Sept. 1 Sold $3,500 of merchandise to Jim on account Oct. 1 Exchanged
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asked by
Rescueme417
558 views
Mobile Oil Company accepted a $10,000, 120 day note, dated on March 3, at 8.5% to settle past due accounts receivable. Mobile
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asked by
Terry
973 views
Mobilee Oil Company accepted a $10,000, 120-day note,
dated March 3, at 8.5% to settle a past due accounts receivable. Mobilee
1 answer
asked by
maria
797 views