What does it mean if a note is dishonoured?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
A dishonoured note is a note that is not paid in full at maturity Th...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting Principles Part 2
ISBN: 978-1118306796
6th Canadian edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
Question Posted:
Students also viewed these Cost Accounting questions
-
What does it mean if a contract has multiple deliverables?
-
What does it mean if a tax plan is reversible? Give some examples to illustrate this concept. What costs are associated with contractual provisions that make tax plans reversible?
-
What does it mean if an overall audit plan is said to be cost effective? How do auditors develop a cost-effective overall audit plan?
-
JinsAppliances has a return-on-assets (investment) ratio of 8 percent. a. If the debt-to-total-assets ratio is 40 percent, what is the return on equity? b. If the firm had no debt, what would the...
-
Net sales revenue, net income, and common stockholders equity for Shawnee Mission Corporation, a manufacturer of contact lenses, follow for a four-year period. Requirements 1. Compute trend analyses...
-
Classifying Costs: Product or SG&A/Asset or Expense Required Use the following format to classify each cost as a product cost or a selling, general, and administrative (SG&A) cost. Also indicate...
-
Describe various principles identified in the medical code of ethics.
-
Arsenal Electronics is to construct a new $1.2 billion semiconductor plant and has selected four small towns in the Midwest as potential sites. The important decision criteria and grades for each...
-
Below is the Unadjusted Trial Balance for Allan dated December 3 1 , 2 0 1 9 : Allan Castillo Unadjusted Trial Balance 3 1 - Dec - 1 9 Account Name Debits Credits Cash 3 2 , 8 0 0 . 0 0 Accounts...
-
Table 1 shows Apple's online orders for the last week. When shoppers place an online order, several "recommended products" (upsells) are shown as at checkout an attempt to upsell See table 2 in cell...
-
Why will a company take a note receivable from a customer in settlement of a late account receivable?
-
How would the entries differ if a note receivable is dishonoured and eventual collection is expected versus a note receivable where collection is not expected?
-
In problem, show that (f g)(x) = (g f)(x) = x. f(x) 3 + b; g(x) ( b) #0
-
Distinguish between: (i) Short-Term Sources of Funds, and (ii) Long-Term Sources of Funds, by giving suitable illustrative examples .Name the various sources of short-term financing.
-
Essential thrombocythemia, all hematopoietic lines have increased cell proliferation Option. Which lineage has the greatest increase? Solve A patient has the CML phenotype, but the genetic karyotype...
-
Marty's stock broker sent him a report on a stock currently selling at $25.00. The expected dividend is $2.00 next year and the twelve month expected prince is $30.00. The commission for trading...
-
Han zolo wants to invest in a bank certificate of deposit that will pay him 9 percent interest, compounded daily. If he is investing $6,110 today, how many years later will he reach his goal of...
-
Stock Valuation And Required Return (LO1] Red, Inc., Yellow Corp., And Blue Company Each Will Pay A Dividend Of $2.20 Next Year. The Growth Rate In Dividends For All Three Companies Is 6 Percent. 2...
-
Sharma Corporation has decided that, in preparing its 2020 financial statements under IFRS, two changes should be made from the methods used in prior years: 1. Depreciation. Sharma has used the tax...
-
Listed below are several terms and phrases associated with basic assumptions, broad accounting principles, and constraints. Pair each item from List A (by letter) with the item from List B that is...
-
Pat Kabza, a student, asks for your help in understanding the different corporation characteristics. (a) Explain the following characteristics to Pat and identify whether they are an advantage or a...
-
Compare the rights of preferred shareholders with those of common shareholders. Include in your answer the areas in which preferred shares are given priority over common shares.
-
Indicate whether each of the following transactions would be added to (+) or subtracted from (-) profit to calculate net cash provided (used) by operating activities using the indirect method. If a...
-
1. Develop a definition for the Triple C model of project management. 2. List some of the factors that can impede the flow of information for project planning purposes. How can these factors be...
-
The Meat Mart has $900,000 in net income. The firm has 200,000 shares of stock outstanding. The market price per share is $76. What is the PE (price to earnings) ratio?
-
Cost of Goods Manufactured for a Manufacturing Company The following information is available for Fuller Manufacturing Company for the month ending January 31: Cost of direct materials used in...
Study smarter with the SolutionInn App