Question: RESEARCH & DEVELOPMENT begin { tabular } { | c | c | c | c | c | c | }

RESEARCH \& DEVELOPMENT
\begin{tabular}{|c|c|c|c|c|c|}
\hline & Cake & NA & NA & NA & NA \\
\hline Performance & 6.4 & 0.0 & 0.0 & 0.0 & 0.0\\
\hline Size & 13.6 & 0.0 & 0.0 & 0.0 & 0.0\\
\hline MTBF & 21000 & 0 & 0 & 0 & 0\\
\hline
\end{tabular}
MARKETING
\begin{tabular}{|c|c|c|c|c|c|}
\hline & Cake & NA & NA & NA & NA \\
\hline Price & \$ 34.00 & \$ 0.00 & \$ 0.00 & \$ 0.00 & \$ 0.00\\
\hline Promo Budget & \$ 1,000 & \$ 0 & \$ 0 & \$ 0 & \$ 0\\
\hline Sales Budget & \$ 1,000 & \$ 0 & \$ 0 & \$ 0 & \$ 0\\
\hline Your Sales Forecast & 0 & 0 & 0 & 0 & 0\\
\hline
\end{tabular}
PRODUCTION
\begin{tabular}{|c|c|c|c|c|c|}
\hline & Cake & NA & NA & NA & NA \\
\hline Scheduled Production & 1,300 & 0 & 0 & 0 & 0\\
\hline Capacity Change & 0 & 0 & 0 & 0 & 0\\
\hline Automation Rating & 3.0 & 0.0 & 0.0 & 0.0 & 0.0\\
\hline
\end{tabular}
FINANCE
HUMAN RESOURCES
\begin{tabular}{|l|r|}
\hline Stock Issue & \(\$ 0\)\\
\hline Stock Retire & \(\$ 0\)\\
\hline Dividend Per Share & \(\$ 0.00\)\\
\hline Short Term Debt & \(\$ 0\)\\
\hline Bond Retire & \(\$ 0\)\\
\hline Bond Issue & \(\$ 0\)\\
\hline A/R Policy & 30\\
\hline A/P Policy & 30\\
\hline
\end{tabular}
\begin{tabular}{|l|r|r|}
\hline Labor Negotiations & \multicolumn{1}{|c|}{ Starting } & \multicolumn{1}{l|}{ Ceiling }\\
\hline Wages & \(\$ 20.00\) & \(\$ 20.00\)\\
\hline Benefits & \(\$ 2500\) & \(\$ 2500\)\\
\hline Profit Sharing & \(2.0\%\) & \(2.0\%\)\\
\hline Annual Wage Increase & \(0.0\%\) & \(0.0\%\)\\
\hline Complement & 248.000 & \\
\hline Recruiting Spend & \(\$ 0\) & \\
\hline Training Hours & 0 & \\
\hline
\end{tabular} On January 1,2021, Eagle Company borrows \(\$ 33,000\) cash by signing a four-year, \(6\%\) installment note. The note requires four equal payments of \(\$ 9,524\), consisting of accrued interest and principal on December 31 of each year from 2021 through 2024.
pare the journal entries for Eagle to record the note's issuance and each of the four payments.
e: Round your intermediate calculations and final answers to the nearest dollar amount.
Journal entry worksheet
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Eagle borrows \$33,000 cash by signing a four-year, 6\% installment note.
Record the issuance of the note on January 1,2021.
Note: Enter debits before credits.
RESEARCH \ & DEVELOPMENT \ begin { tabular } { |

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