oct7 - 4 $84,200 5 $7,900 E7-5 a-1 3-Jun Accounts...

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Michael McCormick ACG 3103 P6-7 a. the annuity returns 9.03% the single sum returns 10.50% the single sum of $1.9 million is the better investment.   b. 18.40% c. $341,928  d. $7,336  P6-8 The net present value of maintenance is $14144 a. PV $150000 b. PV $144136 c. PV $139144 I would buy from vendor C P6-13 $36,542  P7-2 1 Bad Debt Expense 22500      Allowance for Doubtful Accounts 22500 2 $1,570,000  3 $58,000  4 $1,034,000  5 $12,300  E7-2 1 $925,000  2 $584,650  3 $590,000 
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Unformatted text preview: 4 $84,200 5 $7,900 E7-5 a-1 3-Jun Accounts Receivables 3000 Sales 3000 12-Jun Cash 2040 Sales Discount 60 Accounts Receivables 3000 a-2 3-Jun Accounts Receivables 2040 Sales 2040 12-Jun Cash 2040 Accounts Receivables 2040 b 3-Jun Accounts Receivables 2040 Sales 2040 29-Jul cash 3000 sales discounts forrfeited 60 accounts receivabel 2040 Michael McCormick ACG 3103...
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This note was uploaded on 07/04/2011 for the course ACG 101 taught by Professor Burnett during the Spring '09 term at Edison State College.

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oct7 - 4 $84,200 5 $7,900 E7-5 a-1 3-Jun Accounts...

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