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In-s [12.5K]
3 years ago
14

On November 1, 2021, Ziegler Products issued a $200,000, 9-month, noninterest-bearing note to the bank. Interest was discounted

at a 12% discount rate. Required: Prepare the appropriate journal entry by Ziegler to record the issuance of the note. Determine the effective interest rate. Suppose the note had been structured as a 12% note with interest and principal payable at maturity. Prepare the appropriate journal entry to record the issuance of the note by Ziegler. Prepare the appropriate journal entry on December 31, 2021, to accrue interest expense on the note described requirement 3, for the 2021 financial statements. Comparing the two structures of the note presented in the problem, which will incur more interest over the 9-month period? Explain Why?
Business
1 answer:
IceJOKER [234]3 years ago
7 0

Answer:

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Your company decides to implement sap in the united states before implementing it in canada. this is an example of ___________ c
nlexa [21]

Your company decides to implement sap in the united states before implementing it in canada. this is an example of pilot conversion.

A hardware or software migration technique known as a "pilot conversion" involves introducing the new system to a small number of users for testing and review. Users in the test group can offer helpful comments on the system during the trial deployment to improve the eventual distribution to all users.

The pilot conversion procedure entails changing a company's single-entry accounting system to a double-entry one. Single-entry bookkeeping is a quick and easy approach for new small enterprises to record their revenue and expenses.

Learn more about pilot conversion here

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8 0
2 years ago
The Attaran Corporation manufactures two electrical​ products: portable air conditioners and portable heaters. The assembly proc
Wittaler [7]

Answer:

Number of air conditioners to be produced​ = 40

Optimal solution value = $1,900

Explanation:

See attached pictures.

7 0
3 years ago
Of the following mortars, type ____ is the strongest
pochemuha

Type M is the strongest

Is that what you were looking for I'm not a 100% sure.


3 0
3 years ago
The budgeted annual cost of operating a post office truck is $5,500 plus $0.50 per mile. In 2008 the truck was to be driven 25,0
finlep [7]

Answer:

The total cost of operating a truck would be $18000 as calculated below.

Explanation:

The total costs of operating the truck is a combination of fixed costs of $5500 per year and variable of $0.50 per mile ,hence the total cost function is given as:

TC=5500+0.50X

Where represents the number of miles driven per year.

Since X=25000 miles

TC=$5500+($0.50*25000)

TC=$5500+$12500

TC=$18000

The understanding here is that wages paid to the two employees working  with the truck is already embedded in the fixed costs of $5500 per year, otherwise that would been given as a distinct cost entirely.

7 0
3 years ago
Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for
coldgirl [10]

Answer:

Option (A) is correct.

Explanation:

Given that,

Order costs for pepperoni = $10.00 per order

Carrying costs = 4 cents per pound per day

Lead time for each order = 3 days

Pepperoni itself costs = $3.00 per pound

Total Order = 80 pounds of pepperoni

Demand rate = 20

Total ordering cost = Total order × cost per order

                                = 80 × $10

                                = $800

Length of an order cycle:

=\frac{Order\ quantity}{Demand\ rate}

=\frac{80}{20}

= 4 days

3 0
3 years ago
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