Gwynne Supply Co. has the following transactions related to notes receivable during the last 2 months of the year.

Nov. 1 Loaned $60,000 cash to B. Akey on a 1-year, 7% note.

Dec. 11 Sold good to R. P. Maryrl, Inc., receiving a $3,600, 90-day, 8% note.

Dec. 16 Received a $12,00, 6-month, 9% note to settle an open account from M. Colvin.

Dec. 31 Accured interest revenue on all notes receivables.

Journalize the transactions for Gwynne Supply Co. (Omit cost of goods sold entries)

Suppose you want to know if more technical service calls are made to homes with cable television or with satellite dish television. should you use frequencies or relative frequencies to make the comparison? why?

Chance company had two operating divisions, one manufacturing farm equipment and the other office supplies. both divisions are considered separate components as defined by generally accepted accounting principles. the farm equipment component had been unprofitable, and on september 1, 2018, the company adopted a plan to sell the assets of the division. the actual sale was completed on december 15, 2018, at a price of $600,000. the book value of the division’s assets was $1,000,000, resulting in a before-tax loss of $400,000 on the sale. the division incurred a before-tax operating loss from operations of $130,000 from the beginning of the year through december 15. the income tax rate is 40%. chance’s after-tax income from its continuing operations is $350,000. required: prepare an income statement for 2018 beginning with income from continuing operations. include appropriate eps disclosures assuming that 100,000 shares of common stock were outstanding throughout the year. (amounts to be deducted should be indicated with a minus sign. round eps answers to 2 decimal places.)

Steffi is reviewing various licenses and their uses. match the licenses to their respective uses. you are eligible to work within the state. you are eligible to sell limited investment securities. you are eligible to sell fixed income investment products. your compensation is fee based. section 6 section 7 section 63 section 65