Prepare the necessary journal entry tyson motors would need

Reference no: EM131911398

Problem

On March 31, 2013 Rogue's Hot Rods negotiated with Tyson Motors to enter into a 1 year 8.5% Note for the Account Receivable balance outstanding. Rogue's Hot Rods is expected to make a one time payment on the outstanding balance of the Note on March 31, 2014. Prepare the necessary journal entry Tyson Motors would need to make to account for the issuance of the Note Receivable on March 31, 2013.

Reference no: EM131911398

Questions Cloud

What software applications or tools would you use : How does this toolkit differ from that you would use for an application security assessment, wireless security assessment?

Determining the person view on particular topic : What is the disadvantage of relying on the demographics when determining the person's view on this particular topic?

What are some foundational concepts of a computer network : What are some foundational concepts and components of a computer network?What are the components of an internet protocol version four (IPv4) IP address?

What is the purpose of a balanced scorecard : A) What is the purpose of a "balanced scorecard? B) What is it used for?

Prepare the necessary journal entry tyson motors would need : Prepare the necessary journal entry Tyson Motors would need to make to account for the issuance of the Note Receivable on March 31, 2013.

Differences with the united states influence : Choose a country other than the United States that you know well to answer the questions. How do cultural differences with the United States influence

What is the amount of interest cost to be capitalized : On March 1, 2017, Newton Company purchased land for an office site by paying $2,700,000 cash. What is The amount of interest cost to be capitalized during 2017.

How much has the price of the bond decreased : How much has the price of the bond decreased returns required by hand holders are now 2% higher than they were 3 years ago

Possible commencement of a rehabilitation program : How can an agent ensure the earliest possible commencement of a rehabilitation program?

User Account

All Pages