Maurice Tutor

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About Maurice Tutor

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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: 402 Weeks 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 12 Aug 2017 My Price 11.00

Relaxing Recliner Chairs

Relaxing Recliner Chairs completed the following selected transactions:    
             
2011            
Dec 6 Received a $7,000, 90-day, 12% note on account from Dark Star Music.          
31 Made an adjusting entry to accrue interest on the Dark Star Music note.          
31 Made a closing entry for interest revenue.          
             
2012            
Mar 4 Collected the maturity value of the Dark Star Music note.          
Jun 30 Loaned $11,000 cash to Love Joy Music, receiving a six-month, 11% note.          
Oct 2 Received a $2,400, 60-day, 11% note for a sale to Voice Publishing. Ignore cost of goods sold.  
   
Dec 1 Voice Publishing dishonored its note at maturity; wrote off the note as          
  uncollectible, debiting Allowance for uncollectible accounts.          
30 Collected the maturity value of the Love Joy Music note.    
             
             
             
             
Requirements
1. Journalize all transactions for Jo Jo Music. Round all amounts to the nearest  
  dollar. (For notes stated in days, use a 360-day year.)

Answers

Maurice Tutor
(5)
Status NEW Posted 12 Aug 2017 06:08 PM My Price 11.00

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