Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 09 Oct 2017 My Price 5.00

LeBron Corporation

During 2012, LeBron Corporation accepts the following notes receivable.

a. On April 1, LeBron provides services to a customer on account. The customer signs a four-month, 9% note for $6,000.

b. On June 1, LeBron lends cash to one of the company’s executives by accepting a six-month, 10% note for $10,000.

c. On November 1, LeBron accepts payment for prior services by having a customer with a past-due account receivable sign a three-month, 8% note for $5,000.

Required:

Record the acceptance of each of the notes receivable.

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Oct 2017 03:10 PM My Price 5.00

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