subject
Business, 20.11.2019 21:31 Kelseyzim

Lyric company issued a 90-day zero-interest-bearing note with a face amount of $3,000. the present value of the note is $2,855. the journal entry to record the issuance of the note will )a credit to notes payable for $2,855.(b)a debit to interest expense for $145.(c)a debit to cash for $2,855.(d)none of these answers are correct.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:00
Alex is a working professional and has managed to save a small amount of money from his earnings. he wants to invest in something that is customized to his risk appetite. which financial institution should he choose? a. hedge funds b. mutual funds c. life insurance companies d. credit unions e. pension funds
Answers: 1
question
Business, 22.06.2019 04:00
Last week paul, ceo of quality furniture in south carolina, traveled to europe to visit customers. while overseas, paul checked his e-mail daily and showed his company's website to customers, explaining how the website will them place orders and receive merchandise more quickly. after visiting the last customer friday morning, paul was able to return to the corporate office in south carolina to meet with his board of directors that night. is the "shrinking" of time and space with air travel and electronic media.
Answers: 1
question
Business, 22.06.2019 10:00
In a small group, members have taken on the task roles of information giver, critic/analyzer, and recorder, and the maintenance roles of gatekeeper and follower. they need to fulfill one more role. which of the following would be most effective for their group dynamics? a dominator b coordinator c opinion seeker d harmonizer
Answers: 1
question
Business, 22.06.2019 13:30
After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only person voting for you. the company has 375,000 shares outstanding, and the stock currently sells for $40, if there are four seats in the current election, how much will it cost you to buy a seat?
Answers: 2
You know the right answer?
Lyric company issued a 90-day zero-interest-bearing note with a face amount of $3,000. the present v...
Questions
question
Mathematics, 18.11.2020 21:30
question
Computers and Technology, 18.11.2020 21:30
question
History, 18.11.2020 21:30
Questions on the website: 13722360