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

Escom-coping with runway capacity needsescom is a producer

ESCOM-COPING WITH RUNWAY CAPACITY NEEDSESCOM is a producer of electronic home appliances, including VHS (Video Home System)television recorders, located in northern California. The packaged product weighs about 75 kg.ESC ...

Assignmentmake-or-buy decisions outsourcing and offshoring

Assignment Make-or-buy decisions, outsourcing, and offshoring are all concepts involving many of the same considerations? Should a company that needs a specific item or service for the products it produces make the item ...

How important is it for a project manager running an it

How important is it for a project manager running an IT project to have technical skills in the technology being used in the project he or she is running? Explain. What are the skills necessary to be an effective project ...

This defines and addresses a new organizationwhat type of

This defines and addresses a new organization. What type of structure will be best suited to a multinational Internet retailer? Why? How would you recommend building a culture that was inclusive of diverse cultures and a ...

Write 350 to 700 word paper in which you investigate the

Write 350 to 700 word paper in which you investigate the interrelationship between the entertainment media and culture. answer the following question In what way have various forms of entertainment media shaped American ...

Select the 4 e-commerce processes of the 9 discussed in

Select the 4 e-commerce processes of the 9 discussed in your text that you perceive are most important to online customers and the company. For each process you select, explain what the process would encompass for the co ...

What types of obstaclesobjections do leaders face from

What types of obstacles/objections do leaders face from stakeholders when implementing change within an organization? What strategies can leaders use to work with stakeholders, remove obstacles, and address objections?

Suppose a monopolist sells in two separate markets with

Suppose a monopolist sells in two separate markets, with demand curves given by and , respectively. and are the price and quantity demanded in the first market, and and are the price and quantity demanded in the second m ...

Question 1 a how can you apply the realistic theory of

QUESTION 1: a. How can you apply the Realistic Theory of political power and trade to explain the reaction of the Chinese Government to the Sale of Opium in China? Was the reaction of the Chinese Government justified com ...

Data communications and project planningmust be new and

Data Communications and Project Planning MUST BE NEW AND ORIGINAL WORK NOT GIVEN TO OTHER STUDENTS. Write in a clear, concise, and organized manner; demonstrate ethical scholarship in the accurate representation and attr ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

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