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Do the following exercises in which you must analyze the methods to evaluate accounts receivable, perform exercises of notes receivable (notes receivable) and define
Do the following exercises in which you must analyze the methods to evaluate accounts receivable, perform exercises of notes receivable (notes receivable) and define the different types of accounts receivable: 1. Defines and explains short-term and long-term accounts receivable. 2. Equipos y Ms a is an electronic equipment company and had several notes receivable. Journalize the entries of the following accounts receivable: Date Transaction A note payable for $150,000 was received with a Feb. 10 term of 4% and 60 days for payment. A note payable for $185,000 was received with a March 12 term of 6% and 120 days for payment. Received $150,984 of the April 3 February 10 note payable. A note payable of $125,000 was Ireceived with a May 16 term of 5% and 40 days for payment. $188,640.80 was received from the June 2nd March 12 note October 11th payable. A note payable of $210,000 was received with a term of 8% and 90 days for payment. $214,126.08 was received from the November 11th October 11 account payable.
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