How much interest revenue did you earn

Assignment Help Accounting Basics
Reference no: EM131969305

Problem

You received a 4-month, 6%, $10,000 note on 10/1/2015. Your accounting period starts at 1/1 and ends at 12/31. How much interest revenue did you earn during 2015 on this note?

Reference no: EM131969305

Questions Cloud

Guidelines for smith to follow during supervision : As the judge, you agree to the deal, but you will be identifying certain guidelines for Smith to follow during his supervision.
Discuss the gender differences found in personality disorder : Discuss the gender differences found in personality disorders. Give specific examples of disorders where gender differences occur.
Define facilitating payments and bribes : Define facilitating payments and bribes. Discuss the difference between them. Which are all allowed and which are prohibited? Explain.
Prescribing medications for children and adolescents : What are some of the issues surrounding prescribing medications for children and adolescents? How can this be improved?
How much interest revenue did you earn : You received a 4-month, 6%, $10,000 note on 10/1/2015. How much interest revenue did you earn during 2015 on this note?
Describe the nature of attachment : Describe the nature of "attachment" in early childhood and its importance. What other concept in the Thompson (2014) reading held interest for you?
Behavior activation system aspects be applied in case : How would the Bio-psychological, behavior inhibition system, and behavior activation system aspects be applied in this case?
Prepare a working paper to compute the amount of cash : Prepare a working paper to compute the amount of cash that may be paid to creditors and to partners at this time assuming that all partners are insolvent.
Tell us about a person that is a schizophrenic : In the Carl Jung Personality theory what would this theory tell us about a person that is a schizophrenic?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Expenses and revenues in the matching concept

How to balance the expenses and revenues in the matching concept?

  Mae charged the following amounts of overhead to jobs

m.a.e. charged the following amounts of overhead to jobs during the year 20000 to jobs still in process 60000 to jobs

  Airflow company sells a product in a competitive

airflow company sells a product in a competitive marketplace. market analysis indicates that their product would

  Ann and irene transfer their respective businesses and form

ann and irene transfer their respective businesses and form aib corporation. ann exchanges her property with a basis to

  Calculate suzy''s recognized gain or loss on the distribution

Calculate Suzy's recognized gain or loss on the distributions, if any.  Calculate Suzy's basis in the inventory received.

  Which of the three methods of inventory costing fifo lifo

Which of the three methods of inventory costing-FIFO, LIFO, or average cost- will in general yield an inventory cost most nearly approximating current replacement cost?

  How much overhead cost is fixed and how much is variable

TCO3 Patrick Ross, the president of Ross's Wild Game Company, has asked for information about the cost behavior of manufacturing overhead costs. Specifically, he wants to know how much overhead cost is fixed and how much is variable.

  Why are closing entries required in the accounting cycle

Why are closing entries required in the accounting cycle - i.e. what purpose does the closing process serve

  Prepare schedule showing the employer total cost of wages

Windsor Hardware Company's payroll for November 2017 - Prepare a schedule showing the employer's total cost of wages for November by function

  Would a share of food service costs be allocated

Food services are used by employees in the human resources department. Would a share of food service costs be allocated to human resources

  Red skies equipment company uses the aging approach to

red skies equipment company uses the aging approach to estimate bad debt expense at the end of each accounting year.

  Prepare the first two years of an amortization table using

hillside issues 1700000 of 8 15-year bonds dated january 1 2013 that pay interest semiannually on june 30 and december

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!

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