During the month of May 2020 Window Traders entered into the following transaction:
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A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…
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- please help meThe following table describes your bank account balance before and after each time point as well as deposit and withdrawal history from April 1, 2020 to April 1, 2021. Date Balance before Deposit Withdrawal Balance after Apr. 1, 2020 300 300 Jul. 1, 2020 350 100 250 Dec. 1, 2020 280 200 480 Apr. 1, 2021 500 500 Calculate the dollar-weighted interest rate during the entire period. O less than 33% at least 33%, but less than 34% at least 34%, but less than 35% at least 35%, but less than 36% at least 36%, but less than 37% at least 37% Question 9 (Continued from the last question.) Calculate the time-weighted interest rate during the entire period. less than 33% at least 33%, but less than 34% at least 34%, but less than 35% at least 35%, but less than 36% at least 36%, but less than 37% at least 37%Adjusting entry: On 1 December 2019, Count-On-Us Pty Ltd invested $50,000 in a term deposit at Commonwealth Bank. Interest is received after one year and the interest rate is 6% p.a. Instructions: Record the adjusting entry for the year ending 30 June 2020 by selecting the correct accounts and amounts that are debited and credited.
- At 1 June 2017 bank Muscat issued CD in Muscat securities market with face value of 10000 OMR. This CD will mature in 10 November 2019. The CD pays 8 percent interest rate. Calculate the interest payment on this CD.Please help meThe company issued a ₱66,501 10% 120-day Notes Payable on September 30, 2020. The adjusting entry on year-end, December 31, 2020 will involve a debit to Interest Expense for how much?
- An invoice dated 15th March 2021 for RM750 was paid on the 31st March 2021. If the trade discount was 15% and the cash discount terms were 8/10, 5/30 and n/30, find:a) The trade discount offered.b) The cash discount offered.c) The amount paid.1. Download the monthly prices for IVV and VOO for the time period between January 1, 2018 and December 31, 2022 [60 observations]Prepare the journal entries, with appropriate journal entry descriptions, for 2020, including any required year-end adjusting entries.The company prepares annual adjusting entries.
- Give the entry in January 2026, when the 37,500-gallon shipment is received, assuming that the situation given in (b2) above existed at December 31, 2025, and that the market price in January 2026 was $3.35 per gallon. Prepare the journal entry for when the materials are received in January 2026. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Jan. 2026 Inventory Estimated Liability on Purchase Commitments Accounts Payable Debit 125625 13125 Credit 138750Davis Inc. uses the gross method for recording purchase and sales discounts. They had the following transactions occur in October of 2022. Oct 1: Purchased inventory costing $5000, terms 2/10, n/30. Oct 8: Paid for the inventory purchased on Oct 1. Oct 18: Returned one-half of the inventory purchased on Oct 1 back to the supplier. The supplier will apply the return against future payables for Davis. Record the October transactions in the general journal assuming Davis Inc. uses the periodic and perpetual inventory.Complete the following: (Use Table 7.1) Invoice Date goods are received Terms Last day of discount period Final day bill is due (end of credit period) June 18 1/10, n/30