Maurice Tutor

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Teaching Since: May 2017
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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 25 Sep 2017 My Price 6.00

CGH Cable Co.

PR 8-5A Notes receivable entries

The following data relate to notes receivable and interest for CGH Cable Co., a cable manufacturer and supplier. (All notes are dated as of the day they are received.)

Apr. 10. Received a $144,000, 5%, 60-day note on account.

May 15. Received a $270,000, 7%, 120-day note on account.

June 9. Received $145,200 on note of April 10.

Aug. 22. Received a $150,000, 4%, 45-day note on account.

Sept. 12. Received $276,300 on note of May 15.

30. Received a $210,000, 8%, 60-day note on account.

Oct. 6. Received $150,750 on note of August 22.

18. Received a 120,000, 5%, 60-day note on account.

Nov. 29. Received $212,800 on note of September 30.

Dec. 17. Received $121,000 on note of October 18.

Instructions

Journalize the entries to record the transactions.

Answers

Maurice Tutor
(5)
Status NEW Posted 25 Sep 2017 10:09 PM My Price 6.00

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