Answer:
yes i can but will have to get back to you in about half a hour just doing maths atm with the teacher
Step-by-step explanation:
Do you need to show your work? the answer is 114.25
Answer: Q=240/11
Step-by-step explanation:
Answer:
Since on July 9, Mifflin Company receives a $ 10,200, 90-day, 6% note from customer Payton Summers as payment on account, to determine what entry should be made on July 9 to record receipt of the note the following calculation must be performed :
90 days = 3 months
6/12 x 3 = 1.5%
10,200 x 1,015 = 10,353
Therefore, a debt cancellation for $ 10,200 must be made in the company's accounting records, plus an interest generation for $ 153, which will be justified by the cash income of $ 10,353.
