Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Management Expert

McNamme Juices sells products in the health-food industry. McNamme sold Johnny Mac merchandise for $5000 on account. Johnny Mac ran into a cash crunch and was able to pay only $1,200 in the prescribed period. Both parties agreed to satisfy the remaining balance with a six month note, at 13% interest, all payable at the end of the note.

Please record the appropriate journal entry establishing the note on McNamee's books.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M928833

Have any Question? 


Related Questions in Business Management

Assignment benefits of business analyticsbusiness analytics

Assignment: Benefits of Business Analytics Business analytics can provide a significant benefit to organizations. If the organization utilizes business analytics and analyzes the data correctly, they will be able to make ...

Project management1 consider this statementnbsp project

Project Management 1. Consider this statement:  "Project management is more important in business today than it was 30 years ago."  Provide several reasons why this is true (more than five reasons).  Add some of your own ...

As it relates to the practices of allopathic vs homeopathic

As it relates to the practices of allopathic vs. homeopathic medicine, has one method proven to be more effective than the other over time? Your response should be at least 75 words in length.

Please answer the following questions with 80 or more

Please answer the following questions with 80 or more words What is efficiency, and what are some of the techniques that managers can use to increase it? Explain your answer. How does operations management have an effect ...

Real world applications we mentioned that many crm

REAL WORLD APPLICATIONS We mentioned that many CRM installations have been less than successful. On the other hand, there are many satisfied users of CRM applications. Log on to the Internet and find at least three examp ...

Employment law case briefusing the internet select and

Employment Law Case Brief Using the Internet, select and research an employment law case no greater than five (5) years old. Write a three to four (3-4) page brief in which you: Summarize the issue of the case, and then ...

1 identify the basic stages in the new product development

1. Identify the basic stages in the new product development process. Discuss each phase of this process. Show how each phase links together towards new product development through stages and decision gates (The stage-gat ...

According to garcia-morales et al 2012 transformational

According to Garcia-Morales et al. (2012), transformational leadership heightens consciousness of collective interest among the organisation's members and helps them to achieve their collective goals. Critically evaluate ...

Tiltle of assignment using strengths to increase

Tiltle of assignment Using Strengths to Increase Motivation Complete  the "What is My Level of PsyCap" self-assessment.  Write  a 1,400-word paper in which you include the following: Explain why you agree or disagree wit ...

Using the csu online library and other disciplinary

Using the CSU Online Library and other disciplinary resources, research how qualitative research is used in your field. Using this information, write an essay that describes how qualitative research tools can be used to ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen