However, GREY will be granted 5% discount if it pays within 10 days. The journal entry to record the sale would be:Dr. Accounts Receivable 90,000.00 Cr. Sales 90,000.00If the customer paid after the discount period has expired, the journal entry to record the collection would simply be:...
A promissory note is a written document that promises to repay a loan or debt under certain terms. The note usually specifies certain terms within the document. These terms include a specified series of payments over a certain amount of time. The promiss
Have you recently visited Pizza Ranch to satisfy your hunger than check on the receipt you paid your bills through, this receipt has a survey code. This code is your feedback invitation code by Pizza Ranch. Feel free to share your experiences directly with Pizza Ranch. Your candid feedback ...
Sett. Payment Entry No. WHT Product Posting Group EFT Bank Code EFT BSB No. EFT Security No. EFT Balancing Record Required EFT Security Name Post Dated Check No. WHT Amount PDC Check No. Interest Amount EFT BSB No. Full GST on Prepayment VAT Realized Amount Paid VAT Base (ACY) VAT Amou...
the life of the bond. Since the debit amount in the account Discount on Bonds Payable will be moved to the account Interest Expense, the amortization will cause each period’s interest expense to be greater than the amount of interest paid during each of the years that the bond is ...
How does interest paid in cash affect a balance sheet in accounting? $700 advertising bill received but is yet unpaid what, would be debited? What is money and what functions does it perform? How is the supply of money measured? Who influences how much ...
The streaming service is on the hunt for the ultimate movie buff, offering the best candidate a paid full-time role across summer to recommend the latest Prime Video film and TV shows to Australians. Someone who is a novice, or has not seen or owned countless watches just thinks it it ...
Less attention has been paid to the service sector, in part because of the claim that many services are not exposed to the international economy. This article examines one service industry in Germany, grocery retailing. This industry is of interest because its most successful firms – the 'hard...
Sherwood Group received some help in September 1988, when S.G.I. Partners, L.P., paid $2.7 million for about 15 percent of the company. The purchase price, however, was only a little more than $1 a share, compared to the $8.50 a share of the initial public offering the previous ye...
Sett. Payment Entry No. WHT Product Posting Group EFT Bank Code EFT BSB No. EFT Security No. EFT Balancing Record Required EFT Security Name Post Dated Check No. WHT Amount PDC Check No. Interest Amount EFT BSB No. Full GST on Prepayment VAT Realized Amount Paid VAT Base (ACY) VAT Amou...