Entries for notes receivable valley designs issued a 120-day, 5% note for $60,000 dated april 15 to bork furniture company on account. assume a 360-day year. a. determine the due date of the note. august 13 b. determine the maturity value of the note. $ 60,000 feedback c1. journalize the entry to record the receipt of the note by bork furniture. notes receivable accounts receivable-valley designs feedback c2. journalize the entry to record the receipt of payment of the note at maturity. if an amount box does not require an entry, leave it blank.

The following cost data relate to the manufacturing activities of chang company during the just completed year: manufacturing overhead costs incurred: indirect materials $ 15,800 indirect labor 138,000 property taxes, factory 8,800 utilities, factory 78,000 depreciation, factory 150,600 insurance, factory 10,800 total actual manufacturing overhead costs incurred $ 402,000 other costs incurred: purchases of raw materials (both direct and indirect) $ 408,000 direct labor cost $ 68,000 inventories: raw materials, beginning $ 20,800 raw materials, ending $ 30,800 work in process, beginning $ 40,800 work in process, ending $ 70,800 the company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. a total of 20,500 machine-hours were used during the year. required: 1. compute the amount of underapplied or overapplied overhead cost for the year. 2. prepare a schedule of cost of goods manufactured for the year.

Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.

Match the type of agreements to their descriptions. will trust living will prenuptial agreement