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PT Supplier Lala received a note receivable dated August 7, amounting to Rp 210,000,000, with 30 days and 5% interest per year from a customer
PT Supplier Lala received a note receivable dated August 7, amounting to Rp 210,000,000, with 30 days and 5% interest per year from a customer who buys on credit.
Required:
a. Calculate the maturity date of the note receivable.
b. Calculate the maturity value of the note receivable.
c. Prepare journal entries to record receipt of payments when notes receivable are due.
Required:
a. Calculate the maturity date of the note receivable.
b. Calculate the maturity value of the note receivable.
c. Prepare journal entries to record receipt of payments when notes receivable are due.
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Step: 1
a To calculate the maturity date of the note receivable we need to add the number of days in the cre...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
