Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. on october 31, 2022, blossom company issued a $400

On October 31, 2022, Blossom Company issued a $4000, 8%, 6-month note to First National...

70.2K

Verified Solution

Question

Accounting

On October 31, 2022, Blossom Company issued a $4000, 8%, 6-month note to First National Bank. Blossom accrued interest at December 31, 2022. How much will Blossom credit to Cash to record the payment of the note at maturity? O $4107 O $4160 $4000 O $5920 Save for Later Attempts: 0 of 2 used Submit Answer
image
On October 31,2022 , Blossom Company issued a $4000,8%,6-month note to First National Bank. Blossom accrued interest at December 31, 2022. How much will Blossom credit to Cash to record the payment of the note at maturity? $4107 $4160 $4000 $5920

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Hello, please 200 words at least, thank you: Q: There are several accepted methods of determining...

Biology
1.2K views

5. You have a dialysis bag containing 15-mL protein solution in 0.20 M NaCl. a. Would...

Chemistry
1.2K views

if the liquid did not completely vaporize in the experiment would the apparent molecular weight by...

Civil Engineering
1.2K views

Sound attenuation is an important in fabricating walls between rooms in luxury hotels. Three wall cavity...

Psychology
1.2K views

How does the level of security of a prison and the offender’s level of classification determine...

Basic Math
1.2K views

10 29 The quality control department of a motorcycle company classifies new motorcycles according to...

Accounting
1.2K views

Q 3. Mr. Saleem has started a Bicycle Manufacturing Company and...

Accounting
1.2K views

This year Robert had the following income and losses from four passive activities: Activity 4...

Accounting
1.2K views

Required Information On January 1, 2024, the general ledger of Big Blast Fireworks Includes the...

Accounting
1.2K views

Lets suppose that a city such as Norfolk or Richmond successfully opens a gambling casino....

Finance
1.2K views

You are given the following information: Stockholders' equity as reported on the firms balance sheet...

Finance
1.2K views

Consider the three stocks in the following table. Stock price and shares outstanding information are...