Lowery company hasn't received payment upon the maturity date on a $6,000 note from basket corporation. lowery expects to collect the note eventually. assuming no accrual of interest of $100 has been made, journalize the appropriate entry?

The journal entry for the following is as follows:

Explanation:

Accounts Receivable A/cDr      $6,000

       To Notes Receivable A/cDr    $6,000

As the company did not received the payment on the maturity date so collecting the note. So, the accounts receivable is debited and the account of notes receivable is credited. And it is assumed no accrual of interest is made , there will be no entry for the same otherwise it would be credited.

a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.