Business, 16.01.2020 23:31 love0000

Kessel company purchased a building and land with a fair market value of 575,000 (building, 475,000, and land 100,000) on january 1, 2018 kessel signed a 25-year, 15% mortage payable. kessel will make monthly payments of 7,364.78. round to two decimal places. no explenations required. requirements: 1.journalize the mortage payable issuance on january 1, have done the entry as pictured below.2. prepare an amortization schedule for the fist two i got some of the numbers in there not sure if i did it correctly3. journalize the first payment on january 31, 2018.4. journalize the second payment on february 28, 2018.requirement 1. journalize the mortgage payable issuance on january? 1, 2018.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 01:20

All of the industries and businesses in the country of marksenia are privately owned and sell products at different prices that are not controlled by the government or any other organizational body. consumers in marksenia are free to buy as much of the products as they like from the businesses they want. the country of marksenia has a

Answers: 1

Answer

Business, 22.06.2019 09:40

Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)

Answers: 1

Answer

Business, 22.06.2019 11:00

The following information is available for ellen's fashions, inc. for the current month. book balance end of month $ 7 comma 000 outstanding checks 700 deposits in transit 4 comma 500 service charges 120 interest revenue 45 what is the adjusted book balance on the bank reconciliation?

Answers: 2

Answer

Business, 22.06.2019 16:00

Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?

Answers: 3

Answer

You know the right answer?

Kessel company purchased a building and land with a fair market value of 575,000 (building, 475,000,...

Questions