Reference no: EM132480255
Question - On November 1, 2018, Accustart Inc. accepted a three-month, 8%, $57,600 note from Uli Inc. in settlement of its account. Interest is due on the first day of each month, starting December 1. Both companies' year ends are December 31.(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
1) Journal entries for Accustart over the term of the note. The note is collected in full on the maturity date.
2) Journal entries for Uli over the term of the note. The note is paid in full on the maturity date.
3) Assume that, instead of honouring the note at maturity, Uli dishonours it. the necessary journal entry on Accustart's books at the maturity date, February 1, 2019, assuming that eventual collection of the note is (1) expected, and (2) not expected. Interest was last paid by Uli on January 1.
|
Estimate revenues to be recognized on a straight-line basis
: Crow estimates the total cost of servicing the warranties will be €55,000 for 2 years. Please estimate revenues to be recognized on a straight-line basis
|
|
Describe the disaster recovery plan
: Describe in 500 words the disaster recovery plan and who is responsible at your place of employment. The response nust be typed, double spaced, times new roman.
|
|
Explain why campaign finance reform
: Explain why campaign finance reform was created and what its present day limitations are.
|
|
Briefly describe the three categories of social policy
: Explain a policy that may have had unintended consequences, and explain why that may have happened. What can we do to try to avoid such consequences?
|
|
Journal entries for Accustart over the term of the note
: On November 1, 2018, Accustart Inc. accepted a three-month, 8%, $57,600 note. Journal entries for Accustart over the term of the note
|
|
Describe the methods of clustering
: Define and Describe the following methods of clustering: Partitioning Method, Hierarchical Method, Density-based Method, Constraint-based Method.
|
|
Stigma symbols label an individual in a negative manner
: The textbook gives the example of food stamps as a stigma symbol as they label the user as one who is receiving welfare.
|
|
Prepare the entry to record bad debts expense for the period
: Tarjee had credit sales of $4,310,000 with cost of goods sold of $3,121,000. Prepare the entry to record bad debts expense for the period
|
|
Speculate on what changes you think will occur in census
: Speculate on what changes you think will occur in census racial categories over the next fifty years, keeping in mind that census categories always reflect
|