Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 6 Days Ago
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Education

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

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 31 Jul 2017 My Price 4.00

Dougherty Corp.

Notes Receivable On September 1, 2010, Dougherty Corp. accepted a six-month, 7%, $45,000 interest- bearing note from Rozelle Company in payment of an accounts receivable. Dougherty’s year-end is December 31. Rozelle paid the note and interest on the due date.

Required
1. Who is the maker and who is the payee of the note?
2. What is the maturity date of the note?
3. Identify and analyze the effect of the transactions to be recorded on each of the following dates:
a. September 1, 2010
b. December 31, 2010
c. March 1, 2011

Answers

Maurice Tutor
(5)
Status NEW Posted 31 Jul 2017 06:07 PM My Price 4.00

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