1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vladimir2022 [97]
3 years ago
7

2016 may 1 received a $5,300, 12-month, 3% note in exchange for an outstanding account receivable from r. stoney. dec. 31 accrue

d interest revenue on the r. stoney note. 2017 may 1 received principal plus interest on the r. stoney note. (no interest has been accrued since december 31, 2016.) record the transactions in the general journal. the company does not make entries to accrue interest except at december 31.(credit account titles are automatically indented when amount is entered. do not indent manually. record journal entries in the order presented in the problem.)
Business
1 answer:
suter [353]3 years ago
4 0
2016 may 1  Debit Notes Receivable $5,300
                     Credit Accounts Receivable $5,300
2016 dec 31 Debit Interest Receivable $106
                     Credit Interest Income $106
2017 may 1  Debit Cash $5,459
                     Credit Notes Receivable $5,300
                     Credit Interest Receivable $159
You might be interested in
The largest cattle rancher in a given region will be unable to have a __________ when sufficient numbers of smaller cattle ranch
stepladder [879]
<span>The largest cattle rancher in a given region will be unable to have a __________ when sufficient numbers of smaller cattle ranchers provide sources of competition.

Monoply 
</span>
7 0
2 years ago
A public good rev: 04_09_2018 Multiple Choice generally results in substantial negative externalities. can never be provided by
DochEvi [55]

Answer:

cannot be provided to one person without making it available to others as well.

Explanation:

A public good is a good that is non excludable and non rivalrous. It cannot be  provided to one person without making it available to others as well. If one person is using it, it does not stop other people from using it also. An example of a public good is roads.

Public goods contrasts with club goods and private goods

A club good is a type of public good. It is excludable but non-rivalrous. For example paid streaming services are an example of a club good. Those who do not subscribe are excluded from using the service. But all subscribers have equal assess to the service

A private good is a good that is excludable and rivalrous.e.g. a privately owned car

6 0
3 years ago
Customers can purchase HP computers from retail stores like Best Buy and Office Depot, online directly from HP, and through vari
masya89 [10]

Answer:

Multiple

Explanation:

For instance,Customers can purchase HP computers from retail stores like Best Buy and Office Depot, online directly from HP, and through various catalogs. In this case, HP is using a(n) multiple distribution arrangement.

Distribution channel can be regarded as chain of businesses or intermediaries whereby good or service is been passed until it reaches the final buyer. Distribution channels could be wholesalersor retailers or distributors. Multi-channel distribution can be regarded as a channel whereby

business uses one or more than one type of distribution channel. For instance, a street retailer could

also distribute directly to customer with the use of e-commerce, even with the use of catalogues which could be sent via direct mail.

5 0
3 years ago
Future value of an annuity: Carlos Menendez is planning to invest $3,500 every year for the next six years in an investment payi
emmainna [20.7K]
7 is the annual rate for 6 years
8 0
3 years ago
Fenton Manufacturing Company at June 30: Cash in bank account $ 6,455 Inventory of postage stamps $ 74 Money market fund balance
Dmitrij [34]

Answer:

$19,462

Explanation:

The computation of the cash and cash equivalent is shown below:

= Cash in bank account + Money market fund balance + petty cash balance + money orders

= $6,455 + $12,400 + $350 + $257

= $19,462

It includes only cash in bank account, balance in money market, petty cash balance and the money orders

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
Other questions:
  • Titan Info Group is a software consulting firm based in Redmond. The firm uses a standardized job analysis questionnaire contain
    13·1 answer
  • A common cost that should not be assigned to a particular product on a segmented income statement is:
    8·1 answer
  • Rob only has 30 minutes off for lunch, so he typically goes somewhere within a block or two of his building, and is careful abou
    13·1 answer
  • Sabrina’s father is the limo driver to the President and CEO of RSG, an investment bank in New York. Sabrina buys RSG stock when
    12·1 answer
  • Jordan files his income tax return on a calendar-year basis. he is the principal partner of a partnership reporting on a june 30
    10·1 answer
  • What is the stated cause of action in the 2005 complaint filed by the U.S. Justice Department against the Zeon Chemical company
    11·1 answer
  • Production possibilities curves are useful to businesses because they
    8·1 answer
  • The three primary reasons startups need funding are _____.
    9·1 answer
  • Which type of tax is based on the retail price of goods owned, possessed, or consumed within a state that were NOT purchased wit
    5·1 answer
  • What is the most important thing that a venture capitalist is looking for in a company to invest in? discuss your response.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!