Prepare the adjusting entry for july for johnson inc

Assignment Help Accounting Basics
Reference no: EM132828207

Problem 1: Johnson Inc. borrowed $30,000 at 9% on 180 day note from first national bank on July 10, 2019 using a 365 day year. prepare the adjusting entry for July 31, 2019

Reference no: EM132828207

Questions Cloud

Calculate the present value of the payments : Calculate the present value of the payments that you are going to receive
Analyze the grievance process from a state of your choice : Analyze the grievance process from a state of your choice that inmates must follow while incarcerated. Critique the grievance process and whether it is enough.
Importance of accounting analysis for financial analysis : 1. Describe the importance of accounting analysis for financial analysis.
What lump sum should lauren deposit today : Lauren wants to withdraw $4,000 at the beginning of each year for the next 7 years. What lump sum should Lauren deposit today
Prepare the adjusting entry for july for johnson inc : Prepare the adjusting entry for July 31, 2019. Johnson Inc. borrowed $30,000 at 9% on 180 day note from first national bank on July 10, 2019
Discuss about the high levels of stress : Discuss why levels of stress are higher in policing than in other occupations and discuss ways police departments can address the high levels of stress.
Determine the level of net income : Cab will receive a salary of P30,000 and a bonus. Determine the level of net income that would be necessary
Discuss the various types of business-type funds : Discuss the various types of business-type funds used in governmental units and provide an example of when each is appropriate.
Describe the characteristics of a good police officer : Describe the characteristics of a good police officer and the typical selection process most police departments use to identify and select qualified police.

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