WebOn November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $69,000. Alan made the appropriate year-end accrual. What is the journal entry as of March 1 to record the... WebRelease Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight
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Web10 de ago. de 2024 · On November 1, Alan Company signed a 120-day, 8% note payable, with a face value of $9,000. What is the maturity value (principal plus interest) of the … Web29 de nov. de 2024 · (bb) Relocation Period means the period beginning on the Effective Date and ending on the earlier of (i) one hundred and twenty (120) days after the Effective Date or (ii) the date on which Executive relocates his permanent residence to the greater Chicago, Illinois area.
Web18 de nov. de 2024 · On November 1, Alan Company signed a 120-day, 8% note payable, with a face value of $9,000. What is the adjusting entry for the accrued interest at December 31 on the note? Debit interest payable, $120; credit interest expense, $120. Debit interest payable, $240; credit interest expense, $240. WebAnswer Notes payable amount = $27,000 Issued on 1st Nov Term = 120 days Maturity on 1st march. Days from 1st Nov to 31st Dec = 60 days Days from 1st Jan to 1st March = …
Web30 de out. de 2024 · On November 1, Alan Company signed a 120-day, 9% note payable, with a face value of $24,000. Alan made the appropriate year-end accrual. What is the … Web30 de jul. de 2024 · On November 1, Alan Company signed a 120-day, 8% note payable, with a face value of $9,000. What is the adjusting entry for the accrued interest at December 31 on the note? (Use 360 days a year.) See answer Advertisement federicomartinez376 Answer: interest lost 118,84 interest to accrue 118,84 Explanation:
WebA company had interest expense of $3,000, income before interest expense and income taxes of $16,000, and net income of $6,400. The company’s times interest earned ratio equals: Multiple Choice. 5.33. 2.50. 2.13. 0.47. 0.19. Question 44. On November 1, Alan Company signed a 120-day, 11% note payable, with a face value of $23,400.
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