Business, 14.02.2020 01:48 Fatimaneedhelp
On August 15, 2005, Benet Co. sold goods for which it received a note bearing the market rate of
interest on that date. The four-month note was dated July 15, 2005.
Note that the principal, together with all interest, is due November 15, 2005.
When the note was recorded on August 15, which of the following accounts increased?
A. Unearned discount.
B. Interest receivable.
C. Prepaid interest.
D. Interest revenue.
Answers: 1
Another question on Business
Business, 22.06.2019 19:50
Our uncle has $300,000 invested at 7.5%, and he now wants to retire. he wants to withdraw $35,000 at the end of each year, starting at the end of this year. he also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. for how many years can he make the $35,000 withdrawals and still have $25,000 left in the end? a. 14.21b. 14.96c. 15.71d. 16.49e. 17.32
Answers: 1
Business, 22.06.2019 21:30
China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.
Answers: 3
Business, 22.06.2019 22:00
Which of the following statements about nonverbal communication is most accurate? a. the meanings of some gestures can vary among cultures b. the way an e-mail, letter, memo, or report looks can have either a positive or a negative effect on a receiver c. the manner in which we structure and use time can reveal our personalities and attitudes d. all statements are accurate
Answers: 1
Business, 23.06.2019 02:30
Complete electronics inc. sells a point-of-sale computer with a two-year service contract. complete collects $ 2 comma 500 cash for the selling price of the computer and $ 576 for the two-year service contract. how is revenue recognized?
Answers: 2
You know the right answer?
On August 15, 2005, Benet Co. sold goods for which it received a note bearing the market rate of
Questions
Social Studies, 11.12.2020 01:00
Advanced Placement (AP), 11.12.2020 01:00
English, 11.12.2020 01:00
Geography, 11.12.2020 01:00
Law, 11.12.2020 01:00
Engineering, 11.12.2020 01:00
Mathematics, 11.12.2020 01:00
Mathematics, 11.12.2020 01:00
Health, 11.12.2020 01:00
English, 11.12.2020 01:00
Mathematics, 11.12.2020 01:00
