Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question 1: Prepare journal entries for Tanzania Inc. for:
a) Accounts receivable of $700,000 that were assigned to Chad Finance Co. by Tanzania as security for a loan of $580,000. Chad charged a 4% commission on the value of the accounts receivable; the interest rate on the note is 11%.
b) During the first month, Tanzania collected $300,000 on assigned accounts. As well, Tanzania wrote off a $1,100 assigned account as a bad debt.
c) Tanzania paid Chad the amount collected plus one month's interest on the note.
Compute the best option of lease or buy on the facts given - What is the minimal number of copies for which your law office should buy the machine instead of leasing it?
Describe the journal entry, including the cash flow implications for financial statement analysis and valuation
Is A factory owned by Connect Ltd and is being rented out to a manufacturer of computer accessories on a non-cancellable three-year lease?
Determine the interest rate earned on a $3,000 deposit when $3,600 is paid back in one year. (Round your answer to 2 decimal places.)
Describing how information systems are changing the various aspects of the accounting profession. Include a description of a variety of new technologies and their effects on accounting processes. Discuss how these technologies have changed the way ac..
Compute the book value of the building at the end of the second year. (Omit the "$" sign in your response.)
A town in Florida is contemplating purchasing a new parking system that would enhance the collection of parking fees while providing additional convenience to shoppers. The hardware requires an immediate outflow of $800. The town estimates the new sy..
On January 1, 2016, Dreamworld Co. began construction of a new warehouse. The building was finished and ready for use on September 30, 2017. What was the final cost of Dreamworld's warehouse?
How much should People magazine report as the balance for magazine subscriptions collected in advance in its December 31, 2016 balance sheet?
Trek Company has the following production data for April: units transferred out 41,300, and ending work in process 6,190 units that are 100% complete for materials and 40% complete for conversion costs. If unit materials cost is $4 and unit conversio..
The following information relates to the Cliff Division of Mountain Enterprises: If the company has an imputed interest rate of 6%, Cliff's residual income would be:
MacKenzie Company sold $320 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 5.0% service charge for sales on its credit cards. MacKenzie electronically remits the credit card sales receipts to the credit car..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd