Data relate to notes receivable and interest

Assignment Help Accounting Basics

Reference no: EM131025560

The following data relate to notes receivable and interest for CGH Cable Co., a cable manufacturer and supplier. (All notes are dated as of the day they are received.)Apr. 10. Received a $144,000, 5%, 60-day note on account.May 15.Received a $270,000, 7%, 120-day note on account.June 9.Received $145,200 on note of April 10.Aug. 22.Received a $150,000, 4%, 45-day note on account. Sept. 12.Received $276,300 on note of May 15.30.Received a $210,000, 8%, 60-day note on account.Oct. 6.Received $150,750 on note of August 22.18.Received a 120,000, 5%, 60-day note on account.Nov. 29.Received $212,800 on note of September 30.Dec. 17.Received $121,000 on note of October 18.

Reference no: EM131025560

Questions Cloud

Exchange rates are in currency pairs notation : Ferd Rumpledink, a foreign exchange trader at UBS Bank, is exploring covered interest arbitrage opportunities. He has 10,000,000 USD (or the CHF equivalent at the current spot rate) to invest and is considering a 180 day investment. Assume he already..

Use the formula for the present value of an annuity : Ford’s current incentives include 4.9% financing for 60 months (monthly payments for 5 years) or $1000 cash back for a Mustang. Let’s assume a student wants to buy a Mustang convertible that costs $25,000, and she has no down payment other than the c..

Subtract the budgeted number : For things that you want more of as a business owner, because they increase income, subtract the budgeted number from the actual number.

What is your role and function as a therapist : What theory from the selected readings did you select and why? What are the most important goals for therapy? What is your role and function as a therapist?

Data relate to notes receivable and interest : The following data relate to notes receivable and interest for CGH Cable Co., a cable manufacturer and supplier. (All notes are dated as of the day they are received.)Apr. 10. Received a $144,000, 5%,

Find out the largest number from an unordered array : Write an Assembly Language Program to Find out the largest number from an unordered array of 16 numbers( 8-bit) starting at the location 0500H (offset) in the segment 2000H

What is your total percentage return on this investment : One year ago, you purchased 100 shares of Best Wings stock at a price of $49.65 a share. The company pays an annual dividend of $.64 per share. Today, you sold for the shares for $43.30 a share. What is your total percentage return on this investment..

What will be the annual deposit : My grandchild will be attending Pace Law School in New York; four-year college, in year 2036. The college tuition and fees for 2015 – 2016 is $45,624 per year. According to the College Board’s Trends in College Pricing, 2015, there is a 3.75% rate in..

Spot exchange rate of the british pound : Assume that the spot exchange rate of the British pound is $1.6500. How will this spot rate adjust over the next year according to PPP if the United Kingdom experiences an inflation rate of 7.2 percent while the United States experiences an inflation..

User Account

All Pages