Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

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, 6 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 31 Jul 2017 My Price 12.00

Emergency Pharmacies

The following transactions of Emergency Pharmacies occurred during 2014 and 2015:
2014
Mar 1 Borrowed $360,000 from Lessburg Bank. The six-year, 10% note requires payments due annually, on March 1. Each payment consists of $60,000 principal plus one year’s interest.
Mar 1 Reclassified current portion of Lessburg Bank note.
Dec 1 Mortgaged the warehouse for $200,000 cash with Saputo Bank. The mortgage requires monthly payments of $4,000. The interest rate on the note is 9% and accrues monthly. The first payment is due on January 1, 2015.
Dec 1 Reclassified current portion of the Saputo Bank note for the principal due in 2015 of $31,505
Dec 31 Recorded interest accrued on the Saputo Bank note.
Dec 31 Recorded interest accrued on the Lessburg Bank note.
2015
Jan 1 Paid Saputo Bank monthly mortgage payment
Feb 1 Paid Saputo Bank monthly mortgage payment
Mar 1 Paid Saputo Bank monthly mortgage payment
Mar 1 Paid first installment on note due to Lessburg Bank
Requirements
1. Journalize the transactions in Emergency Pharmacies’ general journal. Round all answers to the nearest dollar. Explanations are not required.
2. Assume Emergency Pharmacies only adjusts the current portion of long-term notes on the last day of each year, December 31. Prepare the liabilities section of the balance sheet for Emergency Pharmacies on March 1, 2015.

Answers

Maurice Tutor
(5)
Status NEW Posted 31 Jul 2017 07:07 AM My Price 12.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------sol-----------uti-----------on.-----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be----------- ca-----------tch-----------

Not Rated(0)