Maurice Tutor

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About Maurice Tutor

Levels Tought:
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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: 307 Weeks Ago, 4 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 10 Sep 2017 My Price 6.00

Wicker Company

1. On the last day of October, Wicker Company borrows $120,000 on a bank not for 60 days at 11 percent interest. Interest in not included in the face amount. Prepare required journal entries:

 

a. October 31: To record the note

 

b. November 30: To accrue interest expense

 

c. December 30: to record the payment of the note plus interest.

 

 

 

2. Web Design Services billed its customers a total of $490,200 for the month of August, including 9 percent federal excise tax and 5 percent sales tax.

 

a. Determine the proper amount of service revenue to report for the month

b. Prepare an entry in journal form to record the revenue and related liabilities for the month.

Answers

Maurice Tutor
(5)
Status NEW Posted 10 Sep 2017 02:09 PM My Price 6.00

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