On november 1 2010 salem corporation sold land priced at

Assignment Help Accounting Basics
Reference no: EM13609782

On November 1, 2010 Salem Corporation sold land priced at $900,000 in exchange for a 6% six month note receivable. The journal entry made by salem to record tis transaction on November 1, 2010 includes.

Reference no: EM13609782

Questions Cloud

Riggins inc manufactures one product called tybos the : riggins inc. manufactures one product called tybos. the company uses a standard cost system and sells each tybo for 8.
As of december 31 2009 valley company has 16920 cash in its : as of december 31 2009 valley company has 16920 cash in its checking account as well as several other items below bank
If the battery is disconnected and then the plates are : a parallel-plate air capacitor is made from two plates 0.300 square spaced 0.800 apart. it is connected to a 120
The initial temperature of the copper is 60oc and the final : a 16 kg mass of copper is dropped into an insulated tank which contains water at 20oc and 1 bar. the initial
On november 1 2010 salem corporation sold land priced at : on november 1 2010 salem corporation sold land priced at 900000 in exchange for a 6 six month note receivable. the
Marsh corporation purchased a machine on july 1 2008 for : marsh corporation purchased a machine on july 1 2008 for 750000. the machine was estimated to have a useful life of 10
What is the power dissipated in the heating element when : a toaster using a nichrometm heating element operates on 120. when it is switched on at 21.0 the heating element
Johnston inc engaged in the following transactions : johnston inc. engaged in the following transactions involving treasury stock feb. 10 - purchased for cash 17000 shares
N may1 2011 the note is collected in full by salem : n may1 2011 the note is collected in full by salem corporation assuming a fiscal year end of december 31 salem

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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