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A table of notes receivable for 2018 follows: : (Click the icon to view the table...
For each of the following notes receivable, compute the amount of (Click the icon to view...
For each of the following notes receivable, compute the amount of (Click the icon to view the notes.) revenue eamed during 2018. Use a 360-day year, and round to the nearest dollar. Enter the amount of interest revenue earned during 2018 for each note. Use a 360-day year. (Round your final answers to the nearest whole dollar.) Note 1 Note 2 Note 3 Note 4 Enter any number in the edit fields and then continue to the next question Compu...
For each of the following notes receivable, compute the amount of interest revenue eamed during 2018. Use a 360-da...
For each of the following notes receivable, compute the amount of interest revenue eamed during 2018. Use a 360-day year, and round to the nearest dollar Click the icon to view the notes.) Enter the amount of interest revenue earned during 2018 for each note. Use a 360-day year. (Round your final answers to the nearest whole dollar.) Note 1 Note 2 Note 3 Note 4 i Data Table Interest Period During 2018 2 months Principal Interest Rate Note 1...
For each of the following notes receivable, compute the amount of interest revenue earned during 2018....
For each of the following notes receivable, compute the amount of interest revenue earned during 2018. Use a 360-day year, and round to the nearest dollar. (Click the icon to view the notes.) Enter the amount of interest revenue eamed during 2018 for each note. Use a 360-day year. (Round your final answers to the nearest whole dollar) Note 1 Note 2 Note 3 Note 4 rest revenue eamed during 2018. Use a 360-day year, and round to the nearest...
For each of the following notes receivable, compute the amount of interest revenue earned during 2020....
For each of the following notes receivable, compute the amount of interest revenue earned during 2020. Use a 365 day year or base your calculations on the number of months, depending on how the interest period is stated, and round only your answer to the nearest dollar Note 1 Note 2 Note 3 Note 4 Principal interest Rate $360,000 12% 46,000 30,000 15% 116,000 10% Interest Period During 2020 8 months 30 days 90 days 6 months Compute the amount...
Sea Spray Marine experienced these events during the current year. (Click the icon to view the...
Sea Spray Marine experienced these events during the current year. (Click the icon to view the facts.) Requirement 1. For each item, indicate the account and the related amount to be reported as a current liability on the Sea Spray Marine balance sheet at December 31. Account Amount i More Info Account Amount Account Amount a. December revenue totaled $150,000; and, in addition, Sea Spray collected sales tax of 5%. The tax amount will be sent to the state of...
JUL 9 of 11 (9 complete) HW Score: 62.46%, 6.87 of 11 pts P8-29A (similar to)...
JUL 9 of 11 (9 complete) HW Score: 62.46%, 6.87 of 11 pts P8-29A (similar to) Question Help At September 30, 2018, the accounts of Mountain Terrace Medical Center (MTMC) include the following: During the last quarter of 2018, MTMC completed the following selected transactions Click the icon to view the transactions.) $ Accounts Receivable Allowance for Bad Debts (credit balance) 146,000 3,400 Read the requirements Requirement 1. Open T-accounts for Accounts Receivable and Allowance for Bad Debts. Journalize the...
Motorsports of Philadelphia, Inc., reported the following financial statements for 2018: (Click the icon to view...
Motorsports of Philadelphia, Inc., reported the following financial statements for 2018: (Click the icon to view the income statement.) 3 (Click the icon to view the comparative balance sheets.) Read the requirement. a. Calculate the new borrowing or payment of long-term notes payable. Motorsports of Philadelphia had only one long-term note payable transaction during the year. The of long-term notes payable is $ | thousand. Reference Motorsports of Philadelphia, Inc. Income Statement Year Ended December 31, 2018 (In thousands) 700...
I can not get the correct answers for these. Part 1 - Notes Receivable = -...
I can not get the correct answers for these.
Part 1 - Notes Receivable = - Required (Complete the table): 1) Determine the maturity date for each note 2) For each note, calculate the total amount of accrued interest from the note date throught December 31, 2017 (the Company's year end). 3) What is the amount that would be collected for each note, assuming that both interest and principal are collected at maturity? Note Date Face Value Note Term Maturity...
Greenberry Inc.'s trial balance follows. E (Click the icon to view the trial balance.) Compute these...
Greenberry Inc.'s trial balance follows. E (Click the icon to view the trial balance.) Compute these amounts for Greenberry: 1. Total assets 2. Total liabilities 3. Net income or loss during November 4. Total shareholders' equity 1. Total assets 2. Total liabilities 3. Net income 4. Total shareholders' equity X Х i Data Table Account Title Debit Credit Cash $ 7,000 Accounts receivable 15,000 2,500 Supplies Equipment 26,000 Land 50,000 Accounts payable $ 15,000 28,000 Note payable Share capital Retained...
Motorvehicles of Philadelphia, Inc., reported the following financial statements for 2018: (Click the icon to view...
Motorvehicles of Philadelphia, Inc., reported the following financial statements for 2018: (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheets.) Calculate the following investing cash flows; enter all amounts in thousands. a. Acquisitions of plant assets (all were for cash). Motorvehicles of Philadelphia sold no plant assets during the year. b. Proceeds from the sale of investments. Motorvehicles of Philadelphia purchased no investments during the year. a. Compute the acquisitions of plant...
For each of the following notes receivable, compute the amount of (Click the icon to view the notes.) revenue eamed during 2018. Use a 360-day year, and round to the nearest dollar. Enter the amount of interest revenue earned during 2018 for each note. Use a 360-day year. (Round your final answers to the nearest whole dollar.) Note 1 Note 2 Note 3 Note 4 Enter any number in the edit fields and then continue to the next question Compu...
For each of the following notes receivable, compute the amount of interest revenue eamed during 2018. Use a 360-day year, and round to the nearest dollar Click the icon to view the notes.) Enter the amount of interest revenue earned during 2018 for each note. Use a 360-day year. (Round your final answers to the nearest whole dollar.) Note 1 Note 2 Note 3 Note 4 i Data Table Interest Period During 2018 2 months Principal Interest Rate Note 1...
For each of the following notes receivable, compute the amount of interest revenue earned during 2018. Use a 360-day year, and round to the nearest dollar. (Click the icon to view the notes.) Enter the amount of interest revenue eamed during 2018 for each note. Use a 360-day year. (Round your final answers to the nearest whole dollar) Note 1 Note 2 Note 3 Note 4 rest revenue eamed during 2018. Use a 360-day year, and round to the nearest...
For each of the following notes receivable, compute the amount of interest revenue earned during 2020. Use a 365 day year or base your calculations on the number of months, depending on how the interest period is stated, and round only your answer to the nearest dollar Note 1 Note 2 Note 3 Note 4 Principal interest Rate $360,000 12% 46,000 30,000 15% 116,000 10% Interest Period During 2020 8 months 30 days 90 days 6 months Compute the amount...
Sea Spray Marine experienced these events during the current year. (Click the icon to view the facts.) Requirement 1. For each item, indicate the account and the related amount to be reported as a current liability on the Sea Spray Marine balance sheet at December 31. Account Amount i More Info Account Amount Account Amount a. December revenue totaled $150,000; and, in addition, Sea Spray collected sales tax of 5%. The tax amount will be sent to the state of...
JUL 9 of 11 (9 complete) HW Score: 62.46%, 6.87 of 11 pts P8-29A (similar to) Question Help At September 30, 2018, the accounts of Mountain Terrace Medical Center (MTMC) include the following: During the last quarter of 2018, MTMC completed the following selected transactions Click the icon to view the transactions.) $ Accounts Receivable Allowance for Bad Debts (credit balance) 146,000 3,400 Read the requirements Requirement 1. Open T-accounts for Accounts Receivable and Allowance for Bad Debts. Journalize the...
Motorsports of Philadelphia, Inc., reported the following financial statements for 2018: (Click the icon to view the income statement.) 3 (Click the icon to view the comparative balance sheets.) Read the requirement. a. Calculate the new borrowing or payment of long-term notes payable. Motorsports of Philadelphia had only one long-term note payable transaction during the year. The of long-term notes payable is $ | thousand. Reference Motorsports of Philadelphia, Inc. Income Statement Year Ended December 31, 2018 (In thousands) 700...
I can not get the correct answers for these.
Part 1 - Notes Receivable = - Required (Complete the table): 1) Determine the maturity date for each note 2) For each note, calculate the total amount of accrued interest from the note date throught December 31, 2017 (the Company's year end). 3) What is the amount that would be collected for each note, assuming that both interest and principal are collected at maturity? Note Date Face Value Note Term Maturity...
Greenberry Inc.'s trial balance follows. E (Click the icon to view the trial balance.) Compute these amounts for Greenberry: 1. Total assets 2. Total liabilities 3. Net income or loss during November 4. Total shareholders' equity 1. Total assets 2. Total liabilities 3. Net income 4. Total shareholders' equity X Х i Data Table Account Title Debit Credit Cash $ 7,000 Accounts receivable 15,000 2,500 Supplies Equipment 26,000 Land 50,000 Accounts payable $ 15,000 28,000 Note payable Share capital Retained...
Motorvehicles of Philadelphia, Inc., reported the following financial statements for 2018: (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheets.) Calculate the following investing cash flows; enter all amounts in thousands. a. Acquisitions of plant assets (all were for cash). Motorvehicles of Philadelphia sold no plant assets during the year. b. Proceeds from the sale of investments. Motorvehicles of Philadelphia purchased no investments during the year. a. Compute the acquisitions of plant...
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