Chapter 1, Problem 10.6EC

Transactions: Dec. 3 Wrote off Langston Corporation’s past-due account as uncollectible, $645.75. M203.   9 Accepted a 90-day, 8% note from Farris Company for an extension of time on its account, $2,400.00. NR23.   18 Received cash from Storage Solutions for the maturity value of NR19, a 90-day, 9% note for $2,000.00. R455.   21 Coastal Supply dishonored NR21, a 90-day, 8% note, for $3,000.00. M245.   30 Received cash in full payment of Langston Corporation’s account, previously written off as uncollectible, $645.75. M232 and R463.       Task 1 Journalize the transactions for Miller Corporation in Questions Assets that were completed during December of the current year. Use page 12 of the general journal and page 12 of the cash receipts journal. Task 2 Post each entry to the general ledger and to the customer accounts in the accounts receivable ledger. You will not need to make entries to the Item columns of the ledgers. Task 3 Continue to…

E-M:11-18 Using payback to make capital investment decisions Consider the following three projects. All three have an initial investment of $600,000. Net Cash Inflows Year Project L Project M Project N   Annual Accumulated Annual Accumulated Annual Accumulated 1 $ 150,000 $    150,000  $ 100,000 $   100,000   $ 300,000  $300,000 2   150,000    300,000   200,000   300,000   300,000   600,000 3   150,000   450,000   300,000   600,000     4   150,000    600,000   400,000 1,000,000      5   150,000   750,000   500,000 1,500,000     6   150,000   900,000         7  150,000 1,050,000         8 150,000 1,200,000         1. Determine the payback period of each project. Rank the projects from most desirable to least desirable based on payback. 2. Are there other factors that should be considered in addition to the payback period?

Kindly help me with this General accounting questions not use chart gpt please fast given solution

Please help me solve this general accounting problem with the correct financial process.

Can you solve this general accounting problem using accurate calculation methods?

Can you solve this general accounting problem using appropriate accounting principles?

Horngren's Financial & Managerial Accounting: The Managerial Chapters,  8th Edition E-M:10-12 Making pricing decisions  Sufyan Builders builds 1,500-square-foot starter tract homes in the fast-growing suburbs of Atlanta. Competition among developers is fierce. The homes are a standard model, with any upgrades added by the buyer after the sale. Sufyan Builders’ costs per developed sublot are as follows:Land                         $  59,000Construction              124,000Landscaping                  6,000Variable selling costs     5,000 Sufyan Builders would like to earn a profit of 14% of the variable cost of each home sold. Similar homes offered by competing builders sell for $208,000 each. Assume the company has no fixed costs. Questions:1. Which approach to pricing should Sufyan Builders emphasize? Why? 2. Will Sufyan Builders be able to achieve its target profit levels? 3. Bathrooms and kitchens are typically the most important selling features of a home. Sufyan Builders could…

Can you provide a detailed solution to this financial accounting problem using proper principles?

Please explain the solution to this general accounting problem with accurate explanations.