题目内容
SIAS corp. held trading investments valued at $55,000 at December 31, 2008. These investments cost SIAS $50,000. What should appear on the SIAS income statement for the year ended December 31, 2008, for the trading investments?
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On August 1, 2010, Botores, Inc., sold equipment and accepted a six-month, 12%, $50,000 note receivable. Botores year-end is December 31. How much interest revenue should Botores accrue on December 31, 2010?
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Ifabuyertakesadvantageofasalesdiscount,thejournalentryrecordedbythesellerwillincludea(n):
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