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Note receivable Prefix Supply Company received a 120-day, 6% note

Note receivablePrefix Supply Company received a 120-day, 6% note for $500,000, dated April 12 from a customer on account. Assume
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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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2. asked by Alazer Hagota
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23. On January 1,2007,R company had Accounts Receivable $146,000, notes Receivable $15,000,and Allowance for doubutful accounts
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2. asked by Alazer Hagota
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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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2. asked by Maya
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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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2. asked by Rescueme417
3. 546 views
Amy has a 10% interest bearing note dated 3 March 2020. The term of the note is 120 days.On 15 May 2020, she discounts the note
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2. asked by chun
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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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2. asked by Terry
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A note receivable Mild Max Cycles discounted with recourse was dishonored on its maturity date. Mild Max would debit:A. A loss
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2. asked by Moore
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22. Assume that united company accepts 60 days 7% note of $600 dated Apirl 17, from national company in settlement of the
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2. asked by Alazer Hagota
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Cypress Oil Company's December 31, 2013, balance sheet listed $645,000 of notes receivable and $16,000 of interest receivable
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2. asked by joyCypre
3. 1,431 views