Question: PLEASE ANSWER EACH 1) 2) 3) 4) PLEASE ANSWER EACH Along-term notes payable is signed on 1/1/20xx in exchange for $197,000 in cash. Principal in

PLEASE ANSWER EACH 1) PLEASE ANSWER EACH 1) 2) 3) 4) PLEASE ANSWER EACH Along-term
2)notes payable is signed on 1/1/20xx in exchange for $197,000 in cash.
3)Principal in the amount of $15,000 is due annually on 12/31 with
4)interest paid monthly. When the loan is originally recorded on 1/1, what
PLEASE ANSWER EACH

Along-term notes payable is signed on 1/1/20xx in exchange for $197,000 in cash. Principal in the amount of $15,000 is due annually on 12/31 with interest paid monthly. When the loan is originally recorded on 1/1, what is the credit to the long-term notes payable account? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 On 7/1, Ace Home Security Systems receives $12,000 in advance to provide provide security monitoring services to a client over the next 6 months. When the business transaction is recorded on 7/1, what amount, if any, would be recorded for Service Revenue? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 On 11/1 Hannah's Home Security Systems has a beginning balance of $0.00 in their deferred revenue account before they receive an advance of $12,000 from a cliert to provide security monitoring services to the client over the next 4 months. What is the balance in the deferred revenue account on 12/31 after the required adjusting entry? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 On 7/1/20xx, Student Union Corporation purchased a building for $3,000,000 by signing a 15-year note payable. If Student Union Corp use straight line depreciation to calculate depreciation expense and the building has a useful of 10 years, what is the amount of depreciation expense that will be recorded by the end of the year on 12/31/20xx? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123

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