age X* Cengage X Cengage XCengage x MindTar x MindTap XG module xS ACC202com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=falseeBookShow Me HowJournalizing Installment NotesOn the first day of the fiscal year, a company issues $52,000, 11%, five-year installment notes that have annual payments of $14,070. The first notepayment consists of $5,720 of interest and $8,350 of principal repayment.a. Journalize the entry to record the issuance of the installment notes. If an amount box does not require an entry, leave it blank.38b. Journalize the first annual note payment. If an amount box does not require an entry, leave it blank.PreviousNextCheck My Work6:34 PM55°F11/27/2021 * Cengage X- Cengage x Cengage X Cengage x MindTar x MindTap xG module xS ACC202 xgagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress-falseеВookShow Me HowQuick ratioAdieu Company reported the following current assets and current liabilities for two recent years:Dec. 31, 20Y4 Dec. 31, 20Y3Cash$830$1,090Temporary investments1,2001,500Accounts receivable820910Inventory2,1002,500Accounts payable1,9002,500a. Compute the quick ratio on December 31 for each year. Round to one decimal place.20Υ420Υ3Quick Ratiob. Is the quick ratio improving or declining?Check My WorkPreviou55°F

Note means an instrument acknowledging as debt due from one party to another party. It carry defined…

Journalizing Installment Notes On the first day of the fiscal year, a company issues $52,000, 11%, five-year installment notes that have annual payments of $14,070. The first note payment consists of $5,720 of interest and $8,350 of principal repayment. a. Journalize the entry to record the issuance of the installment notes. If an amount box does not require an entry, leave it blank. 88 b. Journalize the first annual note payment. If an amount box does not require an entry, leave it blank.

Journalizing Installment Notes On the first day of the fiscal year, a company issues $52,000, 11%, five-year installment notes that have annual payments of $14,070. The first note payment consists of $5,720 of interest and $8,350 of principal repayment. a. Journalize the entry to record the issuance of the installment notes. If an amount box does not require an entry, leave it blank. 88 b. Journalize the first annual note payment. If an amount box does not require an entry, leave it blank.

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter9: Long-term Liabilities

Section: Chapter Questions

Problem 94PSA

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TO: Bill Bugnay MEMORNDUM FROM: M. Lasker Please make the GST Remittances (nomally monthly) to the Receiver General for November (#2147) now as we will be closed until January 5.20XX + 1. For Computer Software Applications: November Detail Sales for GST purposes Purchases for ITC purposes Owing (December 1 Balance carried Forward) GST $1,000,000 $50.000 $759,000 $37.950 $12.050 (#2147) Thanks Arif Record the transaction in the general journal.
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ORION Proficienc End of C Homewor Watch & Interact Solution Walkthro Applied Exce Vi Resource Classeos Addition Crosve Elashcar NOTE DATED 11/24/2021 DUE IN 156 DAYS, FACE OF THE NOTE IS $ 75,000, INTEREST RATE IS 9 4% CALCULATE THE FOLLOWING COURSE Chcte THE DUE DATE THE INTEREST AMOUNT (PXRXT) MATURITY VALUE (face amount plus the interest amount) I PRACTI CH0 CH.CR + 94% PAGE 2 OF 2 192 WORDS . ee
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Journal entry worksheet
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