Question
The following information relates to Kate Company Beginning inventory 170 units at $4 each Purchases 430 units at $7 each At the end of the
The following information relates to Kate Company Beginning inventory 170 units at $4 each Purchases 430 units at $7 each At the end of the period , Kate had 190 units left in inventory. Kate sold the remaining units for $23 each. How many units did Kate sell?
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On June 1, 2017, Kevin Co loaned an employee $10,000 for 9 months. The employee signed a note. The annual interest rate on the note will be 10%. The employee will pay the principal and interest when it comes due in 2018.
When the note comes due in 2018, the credit to notes receivable will be $_______
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