You currently have a four-year-old mortgage outstanding on your house. You make monthly payments of $ 1 comma 900. You have just made a payment. The mortgage has 26 years to go (i.e., it had an original term of 30 years). Show the timeline from your perspective. How would the timeline differ if you created it from the bank's perspective?
Solved
Show answers
More tips
- H Health and Medicine How to Help Men Gain Weight?...
- A Auto and Moto Discovering the Leader: What is the Most Expensive Car in the World?...
- H Health and Medicine Hangover: How to Get Rid of It Quickly?...
- S Style and Beauty How to Choose the Right Fur Coat and Avoid Regrets?...
- C Computers and Internet How to Create a Folder on Your iPhone?...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
Answers on questions: Business
- M Mathematics I need to know the answer to this is radical form...
- H History Which of the following statements is FALSE...
- M Mathematics 1) 7 3 – 2x 2) 8(x-1) - 1 6x - 1 3) 9x + 1 2x - 1 4 4) 8y - 3y + 1 29 5) 3x + 1 2x + 7 6) -7y - 4 6 + 2y 7) x - 1 x + 3 xx3 2 8) 2x - 1 4 - 1/2x 9) 8x 5(2x+4) 10) -3y...
Ответ:
Entries are given
Explanation:
We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.
DEBIT CREDIT
April 01
Account Receivable $3,800
Sales $3,800
Apr - 01
Cost of Goods Sold $2,280
Merchandise $2,280
Apr - 04
Sales Return $460
Account Receivable $460
Apr - 04
Merchandise $276
Cost of Goods Sold $276
Apr - 08
Account Receivable $1,400
Sales $1,400
Apr - 08
Cost of Goods Sold $980
Merchandise $980
Apr - 11
Cash $3,340
Account Receivable $3,340