This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: On September 8, Alice paid $3,568 to Cheshire Co. to fulfill her promissory note agreement. Of the ... (Read 417 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
on: Feb 18, 2020
On September 8, Alice paid $3,568 to Cheshire Co. to fulfill her promissory note agreement. Of the $3,568, $400 is interest. The journal entry Cheshire Co. will record is to:
◦ debit Note Receivable/Alice, $3,568; credit Cash $3,168; credit Interest Revenue, $400.
◦ debit Cash, $3,568; credit Note Receivable/Alice, $3,568.
◦ debit Note Receivable/Alice, $3,568; credit Cash $3,568.
◦ debit Cash, $3,568; credit Note Receivable/Alice, $3,168; credit Interest Revenue, $400.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by azncindy619 on Feb 18, 2020

frogdreck123456

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly


Danh Nguyen

  • Newbie
  • *
  • Posts: 4
Reply #2 on: Oct 21, 2020
Thank you


Joley Ann

  • Newbie
  • *
  • Posts: 1
Reply #3 on: Apr 24, 2021
thank you


« previous next »
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Ectopic pregnancies. (a) An ectopic pregnancy may occur in any of the locations shown. Interstitial Ectopic pregnancies. (a) An ectopic pregnancy may occur in any of the locations shown. Interstitial
Two ginkgo biloba labels, note the lack of standardization in (a) 60 mg of extract, 24% ginkgo flavo Two ginkgo biloba labels, note the lack of standardization in (a) 60 mg of extract, 24% ginkgo flavo
Model of a longitudinal study in which 983 students were surveyed in 1984 and then again in 1985, 19 Model of a longitudinal study in which 983 students were surveyed in 1984 and then again in 1985, 19
Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s
Equinoxes: March 21 and September 21 Equinoxes: March 21 and September 21
After 159 days,she paid a maturity value of $11,626, which included interest of $814. After 159 days,she paid a maturity value of $11,626, which included interest of $814.
Video: Labor and Childbirth - The Three Stages of Labor: Dilation, Expulsion & Placental مراحل الولادة

For a complete list of videos, visit our video library