On october 30 seba salon inc issued a 90-day note with a

Assignment Help Accounting Basics
Reference no: EM13583126

On October 30, Seba Salon, Inc. issued a 90-day note with a face amount of $60,764 to Reyes Products, Inc. for merchandise inventory. Determine the proceeds of the note assuming the note is discounted at 7%.

Reference no: EM13583126

Questions Cloud

On november 3 this year kerry acquired and placved into : on november 3 this year kerry acquired and placved into service 7-year business equipment costing 80000. in addition on
Accounts receivable from sales transactions were 45338 at : accounts receivable from sales transactions were 45338 at the beginning of the year and 63068 at the end of the
During the current period department a finished and : during the current period department a finished and transferred 50000 units to department b. of the 50000 units 20000
2 years ago aspen ridge purchased a photo with the intent : 1. for 2011 compete aspen ridge limited partnerships page 1 of form 1065 schedule k on page 4 of form 1065 complete
On october 30 seba salon inc issued a 90-day note with a : on october 30 seba salon inc. issued a 90-day note with a face amount of 60764 to reyes products inc. for merchandise
What factors including other drugs do affect the toxicities : what factors including other drugs do affect the toxicities associated with aminoglycosides and how is dosing adjusted.
Do mental health counselors with doctoral degrees earn a : 1. do mental health counselors with doctoral degrees earn a higher yearly income than those with masters degrees 5
Zach company owns 40 of the voting stock of tomas : zach company owns 40 of the voting stock of tomas corporation and uses the equity method in recording this
Land costing 76614 was sold for 97702 cash the loss on the : land costing 76614 was sold for 97702 cash. the loss on the sale was reported on the income statement as other expense.

Reviews

Write a Review

Accounting Basics Questions & Answers

  The stewart cake factory owns a building for its operations

the stewart cake factory owns a building for its operations. stewart uses only half of the building and is considering

  Economic entity concept

Under the economic entity concept, which of the following statements is true?

  What does it mean to obtain a competitive advantage

What does it mean to obtain a competitive advantage? What role does the cost management system play in helping to achieve this goal?

  This comprehensive problem is to acquaint you with the

this comprehensive problem is to acquaint you with the content of the 2009 financial statements of home depot inc.

  Budgeting usually begins with the sales forecast since this

the following is a statement by a management consultantmany managers claim that budgets are impractical because

  Calculate the equity owing to the retiring partner

What is the equity of each of the remaining partners and of the business after settlement to the retiring partner?

  Place a check mark in the appropriate column to identify

place a check mark in the appropriate column to identify whether each of the following costs is a product cost or a

  What was the balance in the investment in account

Reported net income of $670,000. What was the balance in the Investment in Lennon Co. account found in the financial records of Pacer as of December 31, 2011?

  Format you are required to submit a report detailing your

format you are required to submit a report detailing your calculations and your analysis.you are required to select

  What type of lease is this to walden be specific and

walden company leases manufacturing equipment from preston rentals co. on january 1 2012. the following data pertain to

  A change in the method of accounting for leases for tax

various types of accounting changes can affect the financial statements of a business enterprise differently. assume

  Which method of depreciation is used by most u s companies

which method of depreciation is used by most u. s. companies for financial reporting purposes?straight lineunits of

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