Prefix supply company received a 120-day 8 note for 450000, Accounting Basics

+44 141 628 6080
[email protected]

Prefix supply company received a 120-day 8 note for 450000

PE 8-5B Note receivable

Prefix Supply Company received a 120-day, 8% note for $450,000, dated April 9 from a customer on account.

a. Determine the due date of the note.

b. Determine the maturity value of the note.

c. Journalize the entry to record the receipt of the payment of the note at maturity.

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Prefix supply company received a 120-day 8 note for 450000

Reference No:- TGS01519786

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Statement about political systems controlled by men

Multiple Choice Question Identify a true statement about political systems controlled by men. Multiple choice question.

Discussion about idea of the tramp stamp

Jane is doing a study about tattoos. She is interested in studying the idea of the "tramp stamp" (a tattoo in the small of a woman's back).

Identify problems and concerns that contributed

Identify problems and concerns that contributed to the many race-related protests and unrest during the 2020 year.

Problem regarding culturally relativistic

"Gender inequality is not some accidental, hit-or-miss affair. Rather, each society's institutions work together to maintain the group's particular form of

How does the pyramid change

Staying with Nigeria, rewind the year to 1950. Using the +5 year control, fast forward in 5 year increments until you reach 2020.

How sociological models help understand mental illness

Based on the chapter by Allen Furr on the sociology of mental illness, How do sociological models help you understand mental illness differently

Discuss statements about sociological approaches

Question: Which of the following statements about sociological approaches are true?

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Prefix supply company received a 120-day 8 note for 450000

Reference No:- TGS01519786

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : For this assignment think of something you would like to

Q : A based on the data given prepare a variable costing

Q : Stewardship and accountability the owner of touring inc mei

Q : It is difficult to make changes in ones life do you agree

Q : Prefix supply company received a 120-day 8 note for 450000

Q : Suggest how the project management team can filter out

Q : A savings account earns 84 apr interest calculated monthly

Q : Use the net price rate to calculate the net price for40

Q : Explain the gender or racial stereotype in media and film