User Account

All Pages

How much interest revenue xyz should record

Assignment Help Accounting Basics
Reference no: EM132748880

Question: On January 1, 2019, ABC borrows $20,000 from XYZ by signing a 12% note due in nine months. How much interest revenue XYZ should record on Sep. 30, 2019. The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132748880

Questions Cloud

Compute the cash flow from investing activities : The following information is given for Tripp Company, which uses the indirect method. Net income $20,000. Compute the cash flow from investing activities
What is the impact of the notice on the accounting equation : ABC received a notice that the XYZ company is not able to make the payment for the outstanding accounts receivables due to bankruptcy.
Describe your expectations on finding law : Describe your expectations on finding law from anywhere in the world by use of the internet.
What would the libor index have : If the interest rate is at its maximum, what would the LIBOR index have to be to reach the maximum interest rate
How much interest revenue xyz should record : On January 1, 2019, ABC borrows $20,000 from XYZ by signing a 12% note due in nine months. How much interest revenue XYZ should record on Sep. 30, 2019.
What was the balance in the fund at the end of the period : Janet saved $1,150 at the beginning of every month in a fund that earned 5.54% compounded annually. What was the balance in the fund at the end of the period
Reduce potential vulnerabilities-protect against intrusion : Explain how you would reduce potential vulnerabilities, protect against intrusion attempts, and better anticipate future threats.
What is PATs adjusted basis and holding period in the land : The land had an adjusted basis in Peter's hands of $25 and a fair market value of $100. What is PATs adjusted basis and holding period in the land
Which is correct after the redemption : Tanya acquired 1,000 shares of stock in Swan Corporation seven years ago for $100 a share. Which is correct after the redemption

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss prepare an insurance claim for a theft loss

You are requested by a client on September 28 to prepare an insurance claim for a theft loss that occurred on that day

  What is the estimated accounts payable balance

If the cost of raw material purchases in June is $173,760, what are the estimated cash disbursements for raw materials purchases in July

  What is the net cash provided by financing activities

The following information relates to the Stockton Company: Bought equipment $5,000. What is the net cash provided by financing activities

  Based on the relative amount of their initial investment

The investments increased in value by $ 3,000 Income of $ 10,000 was paid to the two cities, based on the relative amount of their initial investment.

  Working capital simulation in managing growth

Acting as the CEO of a small company, you will apply the principles of capital budgeting to invest in growth and cash flow improvement opportunities in three phases over 10 simulated years. Each opportunity has a unique financial profile and you m..

  Compute the break-even point in dollar sales for year

The maximum output capacity of the company is 40,000 units per year. Compute the break-even point in dollar sales for year 2011

  Period and incurred overhead costs

The company used 1,000 hours of processing on Job No. B12 during the period and incurred overhead costs totaling $630,000. The budgeted machine hours for the year totaled 20,000. How much overhead should be applied to Job No. B12?

  The coca cola company are presented in appendix b

Which company has reported the greater amount of future long-term commitments for the 5 succeeding years?

  Marios nursery uses a perpetual inventory system at

marios nursery uses a perpetual inventory system. at december 31 the perpetual inventory records indicate the

  Decision of utilizing spot versus forward exchange rates

You are assigned the duty of ensuring the availability of 100,000 yen for the payment that is scheduled for next month. Considering that your company possesses only U.S. dollars, identify the spot and forward exchange rates. What are the factors t..

  Prepare the journal entry to record the shrinkage loss

Prepare the journal entry to record the shrinkage loss assuming that Software City uses the FIFO flow assumption

  Find the total deferred tax liability

Enacted tax rates are 40% in 2018, Find the total deferred tax liability to be reported on Pharoah's balance sheet at December 31, 2018

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd