User Account

All Pages

Prepare the journal entry on the maturity date of the note

Assignment Help Financial Accounting
Reference no: EM132692205

On the assignment submission excel sheet record your answer. Rate 3% of Accounts Receivables On the assignment submission excel sheet record the journal entry A 90 day, 4%, $9,200 note was signed by L. Tron on June 16, 2018 converting her overdue Account Receivable.

Required:

Question 1: Record the maturity date of the note

Question 2: Prepare the journal entry on the maturity date of the note. Note: L. Tron honoured the note. Record your answers on the Excel assignment sheet.

Question 3: Prepare the journal entry if the company uses the Accounts Receivable Approach.

Reference no: EM132692205

Questions Cloud

Determine the net realizable value of accounts receivable is : Accounts Receivable of $350,000, an Allowance for Uncollectibles based on aging of $18,000. The net realizable value of accounts receivable is
Calculate the company financial break-even price : If the company intends on selling 50,000 units and has a 10% return requirement, calculate the company's financial break-even price.
Record the journal entry for mec corporation : On September 18, 2018, MEC corporation decided to write off. Record the journal entry. Note: On the assignment submission excel sheet record the journal entry
Explain the vba in brief with example : Discuss the difference between VBA and VB.Net. What are the differences and use scenarios for each? Prepare a quality, substantive journal post that addresses.
Prepare the journal entry on the maturity date of the note : Make the journal entry on the maturity date of the note. Note: L. Tron honoured the note. Record your answers on the Excel assignment sheet.
Employees is vital-yet delicate-responsibility : Managing the performance of employees is vital-yet delicate-responsibility. Creating work environment in which people can perform to the best of their abilities
Compute the unit costs for materials costs : Find the unit costs for materials costs. Production costs chargeable to the Sanding Department in July for Recycled Art are $20,000.
Calculate natalie net pay : Natalie's claim code is 2 on her federal and provincial TD1 forms. Calculate Natalie's net pay.
Prepare the ordinary shares capital account ledgers account : Prepare the Ordinary shares capital account and Application account ledgers account to record the above transactions in the book of Moon Berhad.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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