Study guide- Chapter 5 es Mailings Review View Help Tell me what you want to...
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Accounting
Study guide- Chapter 5 es Mailings Review View Help Tell me what you want to do A1 Normal 1 No Spac.. Heading 1 Heading 2Title Subtitle Subtle Em... Emphasis Paragraph 2) On luly 1, 2017, Maple Corp made a loan of $50,000 to an employee. The two year loan carried an 8% interest rate, what is the interest revenue recognized by Maple Corp. in 2017 and 2018 3) Rebel industries accepted a credit card sale fors3,000. The credit cardcompany charges 2%. What is the entry for this transaction on the horizontal equation? What is the impact of collecting the payment from the credit card company? a. b. (Show the individual accounts impacted in the asset section) Liabilities Stockholders' Equity Revenues Net Income Cash 4 5 6 7 8 9 e backspe
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