Business, 24.10.2019 05:00 alexussaniyah
On december 31, 2014, thomas, inc. borrowed $850, 000 on an eight percent, 15-year mortgage note payable. the note is to be repaid in equal semiannual installments of $49, 156 (payable on june 30 and december 31). prepare journal entries to reflect (a) the issuance of the mortgage note payable, (b) the payment of the first installment on june 30, 2015, and (c) the payment of the second installment on december 31, 2015. round amounts to the nearest dollar.
Answers: 1
Business, 22.06.2019 08:30
Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance
Answers: 3
Business, 22.06.2019 10:30
You meet that special person and get married. amazingly your spouse has exactly the same income you do 47,810. if your tax status is now married filing jointly what is your tax liability
Answers: 2
Business, 22.06.2019 23:30
As a result of a thorough physical inventory, waterway company determined that it had inventory worth $320200 at december 31, 2020. this count did not take into consideration the following facts: walker consignment currently has goods worth $47400 on its sales floor that belong to waterway but are being sold on consignment by walker. the selling price of these goods is $75900. waterway purchased $21900 of goods that were shipped on december 27, fob destination, that will be received by waterway on january 3. determine the correct amount of inventory that waterway should report.
Answers: 2
Business, 23.06.2019 03:00
Depasquale corporation is working on its direct labor budget for the next two months. each unit of output requires 0.61 direct labor-hours. the direct labor rate is $8.70 per direct labor-hour. the production budget calls for producing 6,700 units in may and 7,100 units in june. if the direct labor work force is fully adjusted to the total direct labor-hours needed each month, what would be the total combined direct labor cost for the two months?
Answers: 3
On december 31, 2014, thomas, inc. borrowed $850, 000 on an eight percent, 15-year mortgage note pay...
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