Nmarch 1, terrell & associates provides legal services to whole grain bakery regarding some recent food poisoning complaints.

legal services total $10,400. in payment for the services, whole grain bakery signs a 9% note requiring the payment of the face amount and interest to terrell & associates on september 1.

required: for terrell & associates, record the acceptance of the note receivable on march 1 and the cash collection on september 1. (if no entry is required for a particular transaction/event, select "no journal entry required" in the first account field.)

What is credit and debit in accounting

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.

Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is: