Robert corporation purchased some equipment by issuing $20.000 non interest bearing, four year note wwhen interest rate were 8%. Acturial information for 8% and 4 period follows furutre amount of 1: 1.360 present value of 1 : 0.735 in the entyr to record this purchse, there would be a 1. $20000 debit to equipment 2. $5300.00 credit to discount on notes payable 3. $27,210.88 credit to notes payable 4.$ 14,700..0 debit to euqipment

Q: On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $1700. What is…

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A: Hi student Since there are multiple questions, we will answer only first question.  Bonds payable is…

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Q: 11. Complete the following for this interest-bearing note that is discounted at 11 percent. (Use…

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Q: ABC Company accepted from a customer ₱600,000 face amount, 9-month, 8% note dated June 15, 20x2. On…

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Q: LISA Corp. received from MIK Corp. a one-year, $375,000 note bearing annual interest of 8%. After…

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Q: make a journal entry   HG Delivery Services paid 125,000.83 cash on the purchase of vehicle…

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Q: 728,964

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