subject
Business, 12.03.2020 05:08 Yangster9305

On April 12, Hong Company agrees to accept a 60-day, 8%, $8,100 note from Indigo Company to extend the due date on an overdue account. What is the journal entry that Indigo Company would make, when it records payment of the note on the maturity date?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:00
Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:
Answers: 2
question
Business, 22.06.2019 11:40
You are a manager at asda. you have been given the demand data for the past 10 weeks for swim rings for children. you decide to run multiple types of forecasting methods on the data to see which gives you the best forecast. if you were to use exponential smoothing with alpha =.8, what would be your forecast for week 22? (the forecast for week 21 was 1277.) week demand 12 1317 13 1307 14 1261 15 1258 16 1267 17 1256 18 1268 19 1277 20 1277 21 1297
Answers: 3
question
Business, 22.06.2019 19:20
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as
Answers: 2
question
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
You know the right answer?
On April 12, Hong Company agrees to accept a 60-day, 8%, $8,100 note from Indigo Company to extend t...
Questions
question
Mathematics, 15.01.2020 14:31
question
English, 15.01.2020 14:31
Questions on the website: 13722362