Question: Marigold Graphics accepted a 7%, 90-day note for $18000 from Blossom Plastics. What is the total cash to be received on maturity of this note

Marigold Graphics accepted a 7%, 90-day note for $18000 from Blossom Plastics. What is the total cash to be received on maturity of this note receivable? $16740.00 $18311.00 $19260.00 $18949.32

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!

Marigold Graphics accepted a 9%, 90-day note for $31000 from Novak Plastics. What is the total cash to be received on maturity of this note receivable? O $28210.00 O $31688.00 O $33790.00 O $33102.05

1.Coronado Graphics accepted a 9%, 90-day note for $35000 from Cheyenne Plastics. What is the total cash to be received on maturity of this note receivable? a. $31850.00 b. $35777.00 c. $38150.00 d....

Marigold Graphics accepted a 9%, 2-month note for $31000 from Novak Plastics. What is the total cash to be received on maturity of this note receivable? Select answer from the options below $31465.00...

Bonita Graphics accepted a 9%, 90-day note for $34000 from Swifty Plastics. What is the total cash to be received on maturity of this note receivable? O $33235.00 $34765.00 $34000 $765.00

Question 11 Coronado Graphics accepted a 7%, 30-day note for $22000 from Nash's Trading Plastics. What is the total cash to be received on maturity of this note receivable? O $20460.00 $22127.00 O...

a Saved The following selected transactions are from Mitchell Company 2016 Dec. 16 Accepted a $20,400, 60-day, 12 % note dated this day in granting Kathy Perry a time extension on his past-due...

1.. During 2022Oriole Companyhad sales on account of $723000, cash sales of $321000, and collections on account of $500000. In addition, they collected $9400which had been written off as...

Please answer the questions attached and show the work in a different excel sheet. Thank you in advance A check drawn by a Elli Catering Services for $180 in payment of a liability was recorded in...

1) PLEASE FIND ANSWER FOR RED BOXES 2) 3) 29 Mar. Apr. May 30 28 29 Received a $50,400, 60-day, 6% note dated March 29 from Karie Platt on account. Received a $46,200, 60-day, 5% note dated April 30...

] and these questions: help me find the correct answer. Instructions Chart of Accounts Journal Instructions The following were selected from among the transactions completed by Caldemeyer Co. during...

Using terminology introduced in chapter 7, describe ruminant microbes according to their nutritional, temperature, pH, and oxygen adaptations.

Is there anything odd about these two situations? (a) A check to Larson Electric Supply was endorsed with Larson Electric above the signature of Eloise Garfunkle. (b) Numerous checks were issued and...

The 1 1 - year $ 1 1 , 0 0 0 par bonds of Vail Inc. pay 9 percent interest. The market's required yield to maturity on a comparable - risk bond is 6 percent. The current market price for the bond is...

VID - CO - 1 9 has hired you as an Operations Management expert to help them to forecast demand for year 2 0 X 2 using the Linear Regression Method. What is the value of intercept a ? ( write your...

3. Discuss the pros and cons of at least eight performance appraisal methods.pg 87

3. What performance appraisal system would you develop for the secretaries if you were Rob Winchester? Defend your answer.pg 87

8. Discuss the pros and cons of using various potential raters to appraise an employees performance.pg 87