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Presented below are three receivable transactions. Journalize these u.pdf

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Present value For the case shown in the following table, calculate the present value of the cash flow, discounting at the rate given and assuming that the cas is received at the end of the period noted. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) The present value is $ (Round to the nearest cent.).

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Presented below are three receivable transactions. Journalize these using the proper account names and indicate whether that receivable account would be reported with Accounts Receivable, Notes Receivable, or Other Receivables on the Balance Sheet. a) Received a promissory note of $57,000 for sale of Inventory. B/S - [ b) Advanced $10,000 Cash to a company officer, there is $550 of interest owed also. B/S. c) Sold merchandise on account for $64,000 ro a customer. B/S.

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