FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Journal entry for 1. Borrowed 260000 from the bank. Cougliato signed a note payable to the bank in the name of Showtime 2. Received 21000

Journal entry for

1. Borrowed 260000 from the bank. Cougliato signed a note payable to the bank in the name of Showtime

2. Received 21000 cash from service revenue and deposited that amount to bank

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Foundations of Financial Management

Foundations of Financial Management

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

16th edition

978-1259277160

Students also viewed these Accounting questions

Question

1. What is the function of a CPU?

Answered: 1 week ago

Question

★★★★★
In 2008, Keenan Company paid dividends totaling $3,600,000 on net income of $10.8 million. Note that 2008 was a normal year and that for the past 10 years, earnings have grown at a constant rate of...

Answered: 1 week ago

Question

★★★★★
8a. Calculate the Sharpe ratio for small-cap stocks. (Page 282) U.S. Treasury bills average returns, 1926-2016 (risk-free rate) 3.4% Small-cap stocks average return, 1926-2016 16.6% Small-cap stocks...

Answered: 1 week ago

Question

★★★★★
Marks per round in cricket. Cricket is a dart game that uses the numbers 15 to 20 and the bulls-eye. Each time you hit one of these regions, you score either 0, 1, 2, or 3 marks. Thus, in a round of...

Answered: 1 week ago

Question

★★★★★
Water enters a crossflow heat exchanger (both fluids unmixed) at 16 C and flows at the rate of 7.5 kg/s to cool 10.0 kg/s of air from 120 C. For an overall heat transfer coefficient of 225 W/m K and...

Answered: 1 week ago

Question

★★★★★
In week 4, you will choose your topic and write thesis statement for the Argumentative Essay. Please select a topic and complete thesis statement. You are free to select whatever topic you like, as...

Answered: 1 week ago

Question

★★★★★
https://youtu.be/Mi1QBxVjZAw Please watch the video and share the essential points in the movie

Answered: 1 week ago

Question

★★★★★
Based on the set-up of the 3D cantilevered beam ANSYS/Workbench model, model the beam with a single 2D beam element. After boundary conditions are applied, the model will reduce to a 2 2 global mass...

Answered: 1 week ago

Question

★★★★★
1. 2. San Jose Inc. uses a weighted-average process costing system. All materials are introduced at the start of manufacturing, and conversion cost is incurred evenly throughout production. The...

Answered: 1 week ago

Previous Question Next Question