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What is the journal entry for credit sales 50 percent now and 50 percent later?
debit accounts receivable (for 50% Sales)credit sales revenue
What is the journal entry if i received 10000 as a interest income and 10 percent percent advance income tax paid?
debit cash 9000debit tax 1000credit interest income 10000
What is journal entry for goods sold costing Rs40000 to Anil at a profit of 20 percent on sales?
by anil dr -------40000 to sale cr---------40000
What is the journal entry to show a credit sale for 1000 with a 5 percent concession discount?
debit accounts receivable 950credit Sales revenue 950
What is journal entry when started business by borrowing cash from friend with interest 12 percent?
[Debit] Cash account xxxx [Credit] Capital xxxx Interest will paid after a year when it will due.
If you charge 4000.00 at 2.99 percent how much interest will be accrued?
200.00
What is your liability if your finance company repossesses a damaged car?
100 percent
A 6 percent coupon US treasury note pays interest on May 31 and November 30 and is traded for settlement on August 10 The accrued interest on 100000 face amount of this note is?
To calculate the accrued interest on a 6 percent coupon US Treasury note with a face value of $100,000 for the period from May 31 to August 10, we first determine the number of days of accrued interest. The coupon pays twice a year, so the semiannual interest payment is $3,000 ($100,000 x 6% ÷ 2). The period from May 31 to August 10 is 70 days. Since the full coupon period is 182 days (from May 31 to November 30), the accrued interest is calculated as follows: Accrued Interest = (Semiannual Interest) x (Days Accrued / Total Days) = $3,000 x (70 / 182) ≈ $1,150.55. Thus, the accrued interest on the note is approximately $1,150.55.
How do you calculate accrued interest at 10 percent per annum?
calculate 10% of number ($2950.00 x 10% = 295.00) then divide it by 12.
What is the journal entry of interest on capital 5 percent pa for a month?
o.5
What is the journal entry for credit sales 50 percent now and 50 percent later?
debit accounts receivable (for 50% Sales)credit sales revenue
How do you beat Kingdom hearts 2 at 100 percent game completion?
Complete Jiminy's Journal and defeat Xemnas.
What is the journal entry if i received 10000 as a interest income and 10 percent percent advance income tax paid?
debit cash 9000debit tax 1000credit interest income 10000
Can an insurance company say an accident was 5 percent my fault?
yes, if your states liability statue is a ''comparative negligent' state which it must be.........
What is the journal entry of interest on capital of Rs 50000 10 percent?
[Debit] Interest on Capital 5000 [Credit]Cash/Bank 5000
What is the journal entry if someone borrowed cash from you with an interest of 6 percent per month?
Debit short term loanCredit cash / bank
How much would savings of 1550 at an annual interest rate of 2 percent be worth in 11 years?
1927.23 IF the interest is compound (accrued on the totalsum each year)... 1891.00 IF the interest is simply calculated on the initial deposit.
