NOTE RECEIVABLE EXAMPLE

NOTE RECEIVABLE EXAMPLE - 99,039 SALES 94,758 3,962 3,000...

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NOTE RECEIVABLE PROBLEM I=8 N=3 PMT=6,000 FV=100,000 1/1/20X1 NOTE RECEIVABLE 94,846 SALES 94,846 31/12/20X1 INTEREST RECEIVABLE 7,588 INTEREST INCOME 7,588 1/1/20X2 CASH 6,000 NOTE RECEIVABLE 1,588 INTEREST RECEIVABLE 7,588 31/12/20X2 INTEREST RECEIVABLE 7,715 INTEREST INCOME 7,715 1/1/20X3 CASH 6,000 NOTE RECEIVABLE 1,715 INTEREST RECEIVABLE 7,715 31/12/20X3 INTEREST RECEIVABLE 7,852 INTEREST INCOME 7,852 1/1/20X4 CASH 6,000 NOTE RECEIVABLE 1,852 INTEREST RECEIVABLE 7,852
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NOTE RECEIVABLE PROBLEM I=4 94,758 N=6 3,790 3,000 790 95,548 PMT=3,000 3,822 3,000 822 96,370 FV=100,000 3,855 3,000 855 97,225 3,889 3,000 889 98,114 1/1/20X1 NOTE RECEIVABLE 94,758 3,925 3,000 925
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Unformatted text preview: 99,039 SALES 94,758 3,962 3,000 962 100,000 30/06/20X1 CASH 3,000 NOTE RECEIVABLE 790 INTEREST INCOME 3,790 31/12/20X1 INTEREST RECEIVABLE 3,822 INTEREST INCOME 3,822 1/1/20X2 CASH 3,000 NOTE RECEIVABLE 822 INTEREST INCOME 3,822 30/06/20X2 CASH 3,000 NOTE RECEIVABLE 855 INTEREST INCOME 3,855 31/12/20X2 INTEREST RECEIVABLE 3,889 INTEREST INCOME 3,889 1/1/20X3 CASH 3,000 NOTE RECEIVABLE 889 INTEREST INCOME 3,889 30/06/20X3 CASH 3,000 NOTE RECEIVABLE 925 INTEREST INCOME 3,925 31/12/20X3 INTEREST RECEIVABLE 3,962 INTEREST INCOME 3,962 1/1/20X4 CASH 3,000 NOTE RECEIVABLE 962 INTEREST INCOME 3,962...
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NOTE RECEIVABLE EXAMPLE - 99,039 SALES 94,758 3,962 3,000...

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