Face value | Annual rate | Fraction | Interest |
10,000 | 6% | 4 months | 200 |
20,000 | 4% | 12 months | 800 |
25,000 | 4% | 6 months | 500 |
15,000 | 8% | 6 months | 600 |
Calculate the missing amount for each of the following notes receivable. Annual Interest Rate Interest 6%...
Calculate the missing amount for each of the following notes receivable. Face Value $ 10,600 $ 26,000 $ 31,000 Annual Interest Rate - 6% 4% is Fraction of the Year 4 months months 6 months 6 months. interest 212 260 1550 660 $ $ 10% < Prey, 2 of 10 !! Next
a) For each of the following t-accounts, calculate the missing amount and enter it in the space provided. Land 4/1 Beginning balance 40,000 4/6 Transaction A 8,000 4/12 Transaction B 5,000 4/18 Transaction C 25,000 4/20 Transaction D ? Ending balance 118,000 b) For each of the following t-accounts, calculate the missing amount and enter it in the space provided. Accounts Payable 2/1 Beginning balance 20,000 2/16 Transaction C 5,100 2/6 Transaction...
Calculate the missing amount for each of the following notes receivable. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) S $ 8 months 15,000 23,000 35,000 ΕΕΕ 19 8 O
3. Calculate the amount of interest revenue on the following notes receivable: a. 6 month note with a principal balance of $10,000 and interest rate of 5% b. 12 month note with a principal balance of $50,000 and an interest rate of 8% C. 24 month note with a principal balance of $100,000 and an interest rate of 10%
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 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...
The following information is available regarding the interest revenue recognized on a note receivable: Face Value Fraction of the Year Interest $50,000 9 months $1,500 Question: What must have been the annual interest rate on this note? Select one: a. 4% O b. 8% C. 6% d. 3% e. 2%
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...
a) For each of the following t-accounts, calculate the missing amount and enter it in the space provided. Accounts Receivable 8/1 Beginning balance 4,800 8/15 Transaction C ? 8/7 Transaction A 1,500 8/19 Transaction D 1,200 8/14 Transaction B 6,000 8/30 Transaction F 4,200 8/29 Transaction E 8,700 Ending balance 10,100 b) For each of the following t-accounts, calculate the missing amount and enter it in the space provided. Sales 7/9 Transaction B...