Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - On April 1, 2020, Sage Company assigns $525,800 of its accounts receivable to the Third National Bank as collateral for a $342,800 loan due July 1, 2020. The assignment agreement calls for Sage to continue to collect the receivables. Third National Bank assesses a finance charge of 2% of the accounts receivable, and interest on the loan is 10% (a realistic rate of interest for a note of this type).
Required - Make the April 1, 2020, journal entry for Sage Company.
The company pays $44,900 to tear down the old building and $66,374 to fill and level the lot. It also pays a total of $1,857,382 in construction costs"this amount consists of $1,747,100 for the new building and $110,282 for lighting and paving a p..
on january 1 of the current year palm corporation purchased the net assets of vickis unincorporated business for
Dalton Brother pays 15% in taxes on income between $1 and $40,000. All income above $40,000 is taxed at 40%. Prepare a CVP graph for Dalton
An alumnus of a small university donated $150,000 to establish a permanent endowment for scholarships. The first scholarships were awarded 5 years after the money was donated.
What is the benefit of preparing the post-closing trial balance and Classified Balance Sheet after the closing entries are made
april and may formed a partnership on january 1 2011. april contributed 180000 cash and equipment with a market value
he elects to use Section 179 whenever possible, and he elects not to take additional first year depreciation
Prepare in good form, a Statement of Changes in Net Assets for the year ended December 31, 2015. Record the transactions described above.
What are the tax consequences to Euclid from the following independent events,Euclid bought 500 shares of common stock five years ago
Given total used to create CVP income statement; Sales (100 units) $10,000, Direct labor $1,000. Calculate Contribution Margin Percentage
How would you use the financial statement to determine when to the need for the purchase of inventory?
Collections of sales are 50% in the month of sale and 50% the next month. What is the budgeted net income for February
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd