Question: 5.PT Supplier Lala received a note receivable dated August 7, amounting to Rp 210,000,000, with 30 days and 5% interest per year from a customer

5.PT Supplier Lala received a note receivable dated August 7, amounting to Rp 210,000,000, with 30 days and 5% interest per year from a customer who buys on credit. Requested: a. Calculate the maturity date of the note receivable b. Calculate the maturity value of the note receivable c. Prepare journal entries to record receipt of payments when notes receivable are due

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!