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Leona [35]
2 years ago
8

Jeff Company issues a promissory note to David Company to get extended time on an account payable. David records this transactio

n by debiting
A. Notes Receivable and crediting Accounts Receivable.

B. Notes Payable and crediting Accounts Payable.

C. Accounts Receivable and crediting Notes Receivable.

D. Accounts Payable and crediting Notes Payable.
Business
2 answers:
victus00 [196]2 years ago
6 0
Jeff Company issues a promissory note to David Company to get extended time on an account payable. David records this transaction by debiting <span>Accounts Payable and crediting Notes Payable.

Hope this helps!!</span>
Olegator [25]2 years ago
6 0

C. Accounts Receivable and crediting Notes Receivable.

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Universal Containers has two sales groups. Each group has its own unique sales process. What is the best way to ensure that sale
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Answer:

The use of a proper CRM.

Explanation:

A CRM basically means or translate to a Customer Management System.

A customer management system is an Information technology tool or software that enables companies to properly manage track and monitor their interactions and relationship with clients or potential customers.

Referring back to the question asked, the best answer to the question is to categories or segment the customer management system into teams and generate a unique assess code such that only the team working on a particular potential customer can access and monitor the status of interaction between a sales person and a customer within the same sales team.

This way, a third party sales team does not have access to the data of other sales team.

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How do you change your profile name on brainly?
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Answer:

i don't think your able to...

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2 years ago
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Consider a $10,000 machine that will reduce pretax operating costs by $3,000 per year over a 5-year period. Assume no changes in
ki77a [65]

Answer:

A) $83

Explanation:

First, find aftertax OCF per year

aftertax OCF = (Operating benefit - depreciation)*(1-tax) +depreciation

Depreciation per year = 10,000/5 = 2,000

Tax = 34%

aftertax OCF per year = (3,000 - 2,000)*(1-0.34) + 2,000

= 660 +2,000

= 2,660

Next, find the PV of the aftertax OCF per year. It is an annuity;

PMT = 2,660

N = 5

I/Y = 10%

FV = 0

then CPT PV = 10,083.493

Subtract the initial cost of the machine to find the Net Present Value (NPV);

NPV = -$10,000 + $10,083.493

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8 0
3 years ago
Which strategy is an effective way to manage risk? A. documenting and sharing risk management procedures B. renouncing changes i
Igoryamba

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Explanation:

5 0
3 years ago
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Garland Company received proceeds of $235000 on 10-year, 6% bonds issued on January 1, 2018. The bonds had a face value of $2500
Lerok [7]

Answer:

$238000

Explanation:

The computation of the carrying value of the bond is shown below:

Given that

Face Value of Bonds = $250,000

Proceeds from issuance of bonds = $235,000

Before that we need to compute the following things

Now

Discount on Bonds Payable = Face Value of Bonds - Proceeds from issuance of bonds

= $250,000 - $235,000

= $15,000

Life of Bonds = 10 years

Now

Discount on Bonds amortized annually = Discount on Bonds Payable ÷ Life of Bonds

= $15,000 ÷ 10

= $1,500

Now

Discount amortized is

= Discount on Bonds amortized annually × expired life

= $1,500 × 2

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Finally

Carrying Value of Bonds = Issue Price + Discount amortized

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