User Account

All Pages

Record the note payable by aviation training

Assignment Help Accounting Basics
Reference no: EM131703957

Question - On November 1, 2018, Aviation training corp. borrows $60000 cash from community savings and loan. Aviation training signs a three month, 7% note payable. Interest is payable at maturity. Aviation's year-end is December 31.

Record the note payable by aviation training.

Record the appropriate adjustment for the note by aviation training on Dec 31, 2018.

Record the payment of the note of maturity.

Reference no: EM131703957

Questions Cloud

Describe that place for the traveler : What one site (not country or region) would you name? describe that place for the traveler - highlighting its historic, cultural and religious significance
Determine problem-miscellaneous journal entries : Prepare journal entries to record the following transactions, and identify all the affected funds. Many transactions require more than one journal entry.
Potential for improving the organization : Your task is to research "Big Data" and provide a brief summary - critical analysis of its usefulness, or not, to the organization.
Shackelford space systems a low-cost : Suppose that Shackelford Space Systems (SSS), a low-cost provider of launch capabilities for getting payloads into orbit, signs a contract with Teleworld,
Record the note payable by aviation training : On November 1, 2018, Aviation training corp. borrows $60000 cash from community savings and loan. Record the note payable by aviation training
Describe the formation of a board risk committee : Its Audit Committee Chairman would like to propose to the board of directors the formation of a board risk committee
What was the war cry of the american revolutionary war : What was war cry of American Revolutionary War. There are five words in it and king is used twice. Happy hunting. List website that you found this information.
Adjusted with the goal of minimizing inventory in process : If the production schedule could be adjusted with the goal of minimizing inventory in the process,
Discuss regulations pertaining to transportation security : dramatically increased the number of regulations pertaining to transportation security and the effects of transportation on the environment

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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