On January 1, a company borrowed cash by issuing a $480,000, 6%, installment note to be paid in three equal payments at the end of each year beginning December 31. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)
What would be the amount of each installment?
Prepare an amortization table for the installment note.
Prepare the journal entry for the second installment payment.
- Annual Payment
- Amort Table
- General Journal
What would be the amount of each installment? (Round final answers to the nearest whole dollar.)
|
-
Prepare an amortization table for the installment note. (Round your intermediate calculations to the nearest dollar. Round final answers to the nearest whole dollar.)
Cash Payment Interest Expense Decrease in Balance Outstanding Balance $480,000 1 2 3 Total - Record the second installment payment.
-
Note: Enter debits before credits.
Event General Journal Debit Credit 1
Homework Answers
Answers
- Requirement 1
|
Table or calculator function: |
|
|
Amount Borrowed: |
$480,000 |
|
n = |
3 |
|
i = [Table 6: PVA of $1] |
6% [value to be used 2.67301] |
|
Annual Payment: = 480000 / 2.67301 |
$179,573 |
- Requirement 2
|
Cash Payment |
Interest Expense |
Decrease in Balance |
Outstanding balance |
|
|
$480,000 |
||||
|
1 |
$179,573 |
$28,800 |
$150,773 |
$329,227 |
|
2 |
$179,573 |
$19,754 |
$159,819 |
$169,408 |
|
3 |
$179,573 |
$10,164 or $ 10165 |
$169,408 |
($0) |
|
TOTAL |
$538,719 |
$58,718 |
$480,000 |
- Requirement 3
|
Accounts title |
Debit |
Credit |
|
Interest expense |
$19,754 |
|
|
Notes Payable |
$159,819 |
|
|
Cash |
$179,573 |
|
|
(Second installment paid) |
Add Answer to:
On January 1, a company borrowed cash by issuing a $480,000, 6%, installment note to be...
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Fill out the tables below of the starting material and pure
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analyze this NMR & IR S23 CDC13 QE-300 240 UN (43 MIL.) 10.02s, 1H), 7.716.J-2 Hz....
analyze this NMR & IR
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5. Based on this analysis, the compound might be or contain the following substructure: 6. How...
5. Based on this analysis, the compound might be or contain
the following substructure:
6. How many different types of carbons appear to be present?
What are the chemical shifts for these carbons?
UN (43 MIL.) 10.02s, 1H), 7.716.J-2 Hz. ) 2.0 11.5 11.0 10.5 10.0 9.5 9.0 8.5 8.0 7.5 7.0 6.5 6.0 4.0 3.5 3.0 2.5 20 15 100.5 0.0 -0.5 -1.0 -1.5 -2. 5.5 5.0 4.5 fl (ppm)
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A variety of spectra for an organic compound with molecular formula C10H16O are presented below. The experimental accurate mass using (+) APCI source is 153.1280 u. The 1H, 13C, COSY, HSQC and HMBC NM...
A variety of spectra for an organic compound with molecular
formula C10H16O are presented below. The
experimental accurate mass using (+) APCI source is 153.1280 u. The
1H, 13C, COSY, HSQC and HMBC NMR spectra are given in the following
slides. Propose a structure for this unknown and answer or address
the following questions or requirements:
a. Using the most abundant isotopes of C, H and O, what are the
errors in ppm and milli-Daltons for the experimental accurate
mass?...
7. What kind of carbons correspond to these chemical shifts? 8. Based on this analysis, the unknown might contain the f...
7. What kind of carbons correspond to these chemical
shifts?
8. Based on this analysis, the unknown might contain the
following substructure:
UN (43 MIL.) 10.02s, 1H), 7.716.J-2 Hz. ) 2.0 11.5 11.0 10.5 10.0 9.5 9.0 8.5 8.0 7.5 7.0 6.5 6.0 4.0 3.5 3.0 2.5 20 15 100.5 0.0 -0.5 -1.0 -1.5 -2. 5.5 5.0 4.5 fl (ppm)
1. How many different types of protons appear to be present? What are the chemical shifts...
1.
How many different types
of protons appear to be present? What are the chemical shifts for
these protons? What does this indicate (if anything) about the
electronic environment of the protons?
2.
What are the multiplicities for each peak?
UN (43 MIL.) 10.02s, 1H), 7.716.J-2 Hz. ) 2.0 11.5 11.0 10.5 10.0 9.5 9.0 8.5 8.0 7.5 7.0 6.5 6.0 4.0 3.5 3.0 2.5 20 15 100.5 0.0 -0.5 -1.0 -1.5 -2. 5.5 5.0 4.5 fl (ppm)
Fill out the tables below of the starting material and pure
product by using the given NMR spectrums. Identify if the pure
isomer of methyl nitrobenzoate as ortho, meta, or para.
Complete the table below using your proton NMR spectrum of your starting material. Be sure to include all peaks. Note: The table is expandable. Use the structure below for the letter assignments in your table. Splitting Integration Assignment Peak (ppm) Other Notes -7.95 -7.92 0627 -787 785 7.30 751...
analyze this NMR & IR
S23 CDC13 QE-300 240 UN (43 MIL.) 10.02s, 1H), 7.716.J-2 Hz. ) 2.0 11.5 11.0 10.5 10.0 9.5 9.0 8.5 8.0 7.5 7.0 6.5 6.0 4.0 3.5 3.0 2.5 20 15 100.5 0.0 -0.5 -1.0 -1.5 -2. 5.5 5.0 4.5 fl (ppm)
5. Based on this analysis, the compound might be or contain
the following substructure:
6. How many different types of carbons appear to be present?
What are the chemical shifts for these carbons?
UN (43 MIL.) 10.02s, 1H), 7.716.J-2 Hz. ) 2.0 11.5 11.0 10.5 10.0 9.5 9.0 8.5 8.0 7.5 7.0 6.5 6.0 4.0 3.5 3.0 2.5 20 15 100.5 0.0 -0.5 -1.0 -1.5 -2. 5.5 5.0 4.5 fl (ppm)
A variety of spectra for an organic compound with molecular
formula C10H16O are presented below. The
experimental accurate mass using (+) APCI source is 153.1280 u. The
1H, 13C, COSY, HSQC and HMBC NMR spectra are given in the following
slides. Propose a structure for this unknown and answer or address
the following questions or requirements:
d. If there are still any questionable assignments, propose
additional NMR experiments which would solve those questions and
briefly explain specifically what correlations you...
Below are four bivariate data sets and the scatter plot for each. (Note that each scatter plot is displayed on the same scale.) Each data set is made up of sample values drawn from a population. y 1.0 7.4 2.0 9.0 3.0 7.0 11 10- 11 102 9 8+ 7+ 8+ 71 61 5 5 41 4.0 5.4 5.0 7.5 6.05.2 7.0 4.5 8.0 7.1 9.0 5.5 10.0 3.9 V 1.0 8.0 2.0 6.9 3.07.3 4.0 6.1 5.0 7.4 6.0...
A variety of spectra for an organic compound with molecular
formula C10H16O are presented below. The
experimental accurate mass using (+) APCI source is 153.1280 u. The
1H, 13C, COSY, HSQC and HMBC NMR spectra are given in the following
slides. Propose a structure for this unknown and answer or address
the following questions or requirements:
a. Using the most abundant isotopes of C, H and O, what are the
errors in ppm and milli-Daltons for the experimental accurate
mass?...
7. What kind of carbons correspond to these chemical
shifts?
8. Based on this analysis, the unknown might contain the
following substructure:
UN (43 MIL.) 10.02s, 1H), 7.716.J-2 Hz. ) 2.0 11.5 11.0 10.5 10.0 9.5 9.0 8.5 8.0 7.5 7.0 6.5 6.0 4.0 3.5 3.0 2.5 20 15 100.5 0.0 -0.5 -1.0 -1.5 -2. 5.5 5.0 4.5 fl (ppm)
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How many different types
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What are the multiplicities for each peak?
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