Maurice Tutor

(5)

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About Maurice Tutor

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Algebra,Applied Sciences See all
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Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 5 Days Ago
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Education

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

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 17 Aug 2017 My Price 6.00

DCL Industries

DCL Industries purchased a supply of mechanical components from E Corporation on November 1, 2009. In payment for the $48,000 purchase, DCL issued a 1-year installment note to be paid in equal monthly payments at the end of each month. The payments include interest at the rate of 12%. The cost of the inventory to E Corporation was $43,000.

Lender:

Prepare the journal entry for E CorporationAc€?cs (Lender) sale of the components on November 1, 2009.

Prepare the journal entry for the first installment payment on November 30, 2009 by E Corporation (Lender).

Prepare the journal entry for the second installment payment on December 31, 2009 by E Corporation (Lender).

Answers

Maurice Tutor
(5)
Status NEW Posted 17 Aug 2017 07:08 PM My Price 6.00

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