Amount required for adjusting journal entry, Accounting Basics

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Amount required for adjusting journal entry

On november 15,2010 betty corportion accepted notes receivable in place of an outstanding account receivable in the amount of 138460.the notes due on 90 days and na interest rate 7.5%.what would be the amount required for the december 31,2010 adjusting journal entry?

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Accounting Basics: Amount required for adjusting journal entry

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Amount required for adjusting journal entry

Reference No:- TGS054455

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What is the profit-maximizing level of output

Q : Management in a large and a small accounting firm

Q : Calculating the required rate of return on stock

Q : Aftertax cost of debt of waller comapny

Q : Amount required for adjusting journal entry

Q : Does purchasing power parity hold

Q : Evaluate net present value of a project

Q : Determine the company roi

Q : Compute monopolist-s profit and total consumer surplus

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Amount required for adjusting journal entry

Reference No:- TGS054455

Recent Questions Asked Accounting Basics

Q : What is the profit-maximizing level of output

Q : Management in a large and a small accounting firm

Q : Calculating the required rate of return on stock

Q : Aftertax cost of debt of waller comapny

Q : Amount required for adjusting journal entry

Q : Does purchasing power parity hold

Q : Evaluate net present value of a project

Q : Determine the company roi

Q : Compute monopolist-s profit and total consumer surplus

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