On november 19 nicholson company receives
WebOn November 19, Nicholson Company receives a $23,400, 60-day, 10 % note from a customer as payment on account. What adjusting entry should be made on the … WebQ: On November 19, Nicholson Company receives a $21,600, 60-day, 5% note from a customer as payment on… A: Number of days between Nov 19 to Dec 31 = 42 Interest revenue = $21600 × 5% ×42/360 days = $126
On november 19 nicholson company receives
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WebOn November 19, Nicholson Company receives a $24,000, 60-day, 6% note from a customer as payment on account. What adjusting entry should be made on the … WebOn November 19, Nicholson Company receives a $15,000, 60-day, 8% note from a customer as payment on account. What adjusting entries should be made on the December 31 year-end? (Use 360 days a year.) a. Debit Interest Receivable $1,200; credit Interest Rev
Web4 de dez. de 2024 · On November 19, Nicholson Company receives a $24,600, 60-day, 10% note from a customer as payment on account. What adjusting entry should be made on … WebExpert Answer. 19 Notes Receivable Amount $25,800 Interest rate 10% Date of Accounts receivable 19-Nov Date of year end 31-Dec Days for which interest is accrued 42 …
WebHá 20 horas · Here's Johnny! Jack Nicholson, 85, looks disheveled in his $10 million Beverly Hills compound as he's seen for first time in 18 months - after friends voiced … WebView On November 19, Nicholson Company receives a $15,000, 60-day, 8% note from a customer to replace an from ACCT 301 at American River College. On November 19, Nicholson Company receives a. Expert Help. Study Resources. Log in …
Web19 terms. mmaknojiya96. Accounting Ch 6-10. 47 terms. hritchie02. ACCT 210. 13 terms. Crazylegs121. accounting exam 3. ... The remaining 1, 500 1,500 1, 500 shares were …
Web5 de ago. de 2024 · On November 19, Nicholson Company receives a $25,800, 60-day, 10% note from a customer as payment on account. What adjusting entry should be made on the - 17156… small nails crossword clueWebAccounts Receivable Turnover = Net Sales/Average Accounts Receivable. Accounts Receivable Turnover = $2,475,000/$450,000 = 5.50. The interest accrued on $4,800 at … highlight clues about the setting\\u0027s roleWeb7 April 2024. ( 2024-04-07) –. present. Patriot Brains is a New Zealand comedy panel game show, airing on TVNZ 2 in New Zealand and SBS Viceland in Australia since April 2024. The show, hosted by English comedian Bill Bailey in series 1 and Sue Perkins in series 2, [1] [2] focuses on the trans-Tasman rivalry by pitting two teams of three ... highlight clipping mirrorless cameraWebOn November 19, Nicholson Company receives a $15,000, 60-day, 8% note from a customer as payment on account. What adjusting entry should be made on the December 31 year-end? (Use 360 days a year.) Debit Interest Receivable $1,200; credit Interest Revenue $1,200. highlight clipping lightroomWebOn November 1, 2024, the company paid its landlord $7,500 representing rent for the months of November through January. Prepaid Rent was debited for the entire amount. 3. ... On November 19, Nicholson Company receives a $15,000, 60-day, 8% note from a customer as payment on ... highlight clothing wholesaleWebOn November 19, Nicholson Company receives a $15,000, 60-day, 8% note from a customer as payment on account. What adjusting entry should be made on the December 31 year-end? (Use 360 days a year.) a. Debit Notes Receivable $140; credit Interest Revenue $140. O b. Debit Interest Receivable $140; credit Interest Revenue $140. highlight clues about the setting\u0027s roleWeb12 de abr. de 2024 · Explanation: Based on the information given we were told that On November 19 the Company receives the. amount of $15,000 which includes a 60-day, 8% note from a customer which means that the adjusting Journal entry that should be made on the December 31 year-end will be : Dr Interest Receivable $140. Cr Interest Revenue $140. highlight clothing