What is the unpaid balance of the note on march

Assignment Help Accounting Basics
Reference no: EM132216682

Question - On January 1, 2016, Alpha Company secured a $100,000, 6% annual rate mortgage note. Monthly payments are $1,500, with the first payment being due on January 31 2016, what is the unpaid balance of the note on March 1, 2016? (Round your answer to the nearest whole dollar.)

Reference no: EM132216682

Questions Cloud

Concepts of career planning and career management : Integrate the concepts of career planning and career management with an understanding of those same or similar concepts from a Christian worldview.
How much was net income for the year : Beginning stockholders' equity was $120,000. Ending stockholders' equity was $195,000. How much was net income for the year
Research the term digital redlining : Research the term “digital redlining”.
Discuss the timing of performing what service : Discuss the "timing of performing what service?", "quantity of required parts and type of required equipment and technique support?"
What is the unpaid balance of the note on march : Monthly payments are $1,500, with the first payment being due on January 31 2016, what is the unpaid balance of the note on March 1, 2016
Prepare general journal entry to record the june bond issue : Use this information to prepare the General Journal entry (without explanation) to record the June 1, 2016 bond issue
Why are analytical and interpersonal skills important : Why are analytical and interpersonal skills important when building a model of a new system??
Prepare the general journal entry to record bond issue : Use this information to prepare the General Journal entry (without explanation) to record the April 1, 2016 bond issue
Study conditions with the qualitative research approach : control over study conditions with the quantitative research approach. control over study conditions with the qualitative research approach;

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