Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 12 Aug 2017 My Price 4.00

note is dishonored

Prepare general journal entries for the following transactions:
Aug. 4 Received a 120-day, 12% note in payment for accounts receivable balance of $4,000.
14 Discounted the note at a rate of 14%.
Sept. 5 Received a 30-day, 11% note in payment for accounts receivable balance of $1,200.
Oct. 5 The $1,200, 30-day, 11% note is dishonored.
Nov. 4 The dishonored note is paid, plus interest at 11% on the maturity value.

Answers

(5)
Status NEW Posted 12 Aug 2017 09:08 PM My Price 4.00

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