Apri 5 billing date, Michaele Chappell had a balance due of $1145 54 on her credit card From April 5 through May 4, Michaele charged an additional $408 76 a) Find the finance charge on May 5, using the previous balance method Assume that the interest rate is 1.1% per month b) Find the new balance on May 5 a) The finance charge on May 5 S Round to the nearest cant as needed)

K An invoice is dated June 18 with terms 3/10-50 ex. Find the final discount date and the net payment date. The net payment date is 20 days after the final discount date. The final discount date is The net payment date is June July ▼ ▼ CHE

Use the unpaid balance method to find the finance charge on the credit card account for April. The starting balance from the previous month is ​$200. The transactions on the account for the month are given in the table to the right. Assume an annual interest rate of 18​% on the account and that the billing date is April 1st.   .....   Date Transaction April 3 Charged ​$125 for a coat April 11 Made payment of ​$142 April 21 Charged ​$34 for DVDs April 28 Charged ​$25 for groceries       The finance charge for the month of April is ​$enter your response here.

Complete accrued interest payable and journal entry 1-2  Dec 31 please and thank you  1-record the accrued interest expense 2-record the payment of note at maturity on February 5th

Chapter 08 Homework (Application) Show Me How eBook Calculator Entries for Notes Receivable 1. EX.08.01 Valley Designs issued a 90-day, 9% note for $60,000, dated April 17, to Bork Furniture Company on account. Assume 360 days in a year when 2. EX.08.02 ALGO computing the interest. 3. EX.08.03 ALGO a. Determine the due date of the note. July 16 v 4. EX.08.04 ALGO b. Determine the maturity value of the note. 5. EX.08.06 ALGO 6. EX 08.07 Feedhack 7. EX.08.20 ALGO YChec My Work The due date is the date the note is to be paid. 8. PR.08.02A BLANKSHEET Remember the interest rate is stated on an annual basis, while the term is expressed as days. Assume a 360 day year. The maturity value is the amount that must be paid at the due date of the note. c1. Journalize the entry to record the receipt of the note by Bork Furniture. If an amount box does not require an entry, leave it blank. Notes Receivable v Accounts Receivable-Valley Designs v Feedback

Check my work Exercise 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $104,000 cash on May 15 by slgning a 30-day, 5%, $104,000 note. 1. On what date does this note mature? 2-a. Prepare the entry to record Issuance of the note. 2-b. First, complete the table below to calculate the Interest expense at maturity. Use those calculated values to prepare your entry to record payment of the note at maturity. Complete this question by entering your answers In the tabs below. Required 2B Interest at Maturity Required 2B General Journal Required 1 Required 2A On what date does this note mature? On what date does this note mature? K Required Required 2A Fook Air

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