Market rate of return, Equestrain Roads sold $50,000 of

Market rate of return

Reference no: EM13126672

Equestrain Roads sold $50,000 of goods and accepted the customer's $50,000 10% 1-year note receivable in exchange. Assuming 10% approximates the market rate of return, what would be the debit in this journal entry to record the sale?

Reference no: EM13126672

Questions Cloud

Maintaining an ending finished-goods inventory : Smith, Inc. anticipates sales of 50,000 units, 48,000 units and 51,000 units in July, August and Septemeber, respectively. Company policy is to maintain an ending finished-goods inventory to 40% of the following months sales.

Examination of molecular so2 needed for protecting wine : Determination of Molecular SO2 Needed for Protecting Wine, You have just finished fermenting a wine and the pH = 3.7. You need 2mg/L "molecular" SO2 to protect the wine. What level of free SO2 do you have to add to achieve the level of the molecul..

Why do companies choose to incur these costs : Discuss the costs of quality associated with the mass production of a product. At the least, address the following question.

Significant concepts about physical-social domains : What are the most signification concepts that you have learned about the physical and social domains on the basis of your reading and experience with children?

Market rate of return : Equestrain Roads sold $50,000 of goods and accepted the customer's $50,000 10% 1-year note receivable in exchange. Assuming 10% approximates the market rate of return, what would be the debit in this journal entry to record the sale?

What is the balance in the investment in harrison account : On January 1, Pucket company paid 1.6 million for 50,000 shares of Harrison's voting common stock, which represents a 40 percent investment.

Find standard temperature pressure and volume : Standard Temperature Pressure and Volume, The respiratory rate of a person is 20 breathes per minute. If every average breath is about 310cm^3 of air at 22C and 740mmHG

Utilise specific, relevant and clearly explained frameworks : Some of the business practices portrayed in the film Inside Job would be criticised by both John Rawls and Robert Nozick. Identify and describe some of these problematic practices in Inside Job and then.

Problem regarding investor in common stock : An investor in common stock received dividends in excess of the investor's share of investee's subsequent to the date of the investment. How will the investor's investment account be affected by those dividends under each of the following accounti..

User Account

All Pages