Answered: On Nov. 1, Carter Company signed a…

On Nov. 1, Carter Company signed a 120-day, 10% note payable with a face value of $9,000. What is the maturity value of the note on Mar. 1?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 24Q: Chemical Enterprises issues a note in the amount of $156,000 to a customer on January 1, 2018. Terms...

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On nov.1 carter company signed a 120- day this question solution general accounting

On Nov. 1, Carter Company signed a 120-day, 10%
note payable with a face value of $9,000. What is the
maturity value of the note on Mar. 1?

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