Bennett Enterprises issues a $732,000, 60-day, 8%, note to Spectrum Industries for merchandise inventory. Assume a 360-day year. If required, round your answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank.
a. Journalize Bennett Enterprises’ entries to record: the issuance of the note. the payment of the note at maturity.
b. Journalize Spectrum Industries’ entries to record: the receipt of the note. the receipt of the payment of the note at maturity.
Answers: 1
Business, 22.06.2019 05:30
Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.
Answers: 1
Business, 22.06.2019 07:20
Suppose that real interest rates increase across europe. this development will u.s. net capital outflow at all u.s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.
Answers: 1
Business, 22.06.2019 19:30
Dollar shave club is an ecommerce start-up that delivers razors to its subscribers by mail. by doing this, dollar shave club is using a(n) to disrupt an existing market.a. innovation ecosystem b. architectural innovation c. business model innovation d. incremental innovation
Answers: 2
Business, 22.06.2019 19:50
Which of the following would create the most money? the initial deposit is $6,500 and the required reserve ratio is 20 percent. the initial deposit is $3,000 and the required reserve ratio is 10 percent. the initial deposit is $7,500 and the required reserve ratio is 25 percent. the initial deposit is $4,500 and the required reserve ratio is 15 percent.
Answers: 1
Bennett Enterprises issues a $732,000, 60-day, 8%, note to Spectrum Industries for merchandise inven...
Social Studies, 05.02.2021 01:00
English, 05.02.2021 01:00
Mathematics, 05.02.2021 01:00
Biology, 05.02.2021 01:00
Computers and Technology, 05.02.2021 01:00
History, 05.02.2021 01:00
Mathematics, 05.02.2021 01:00