Receivables Issues
Hogan Company uses the net method of accounting for sales discounts. Hogan also offers trade discounts to various groups of buyers. On August 1, 2019, Hogan factored some accounts receivable on a without-recourse basis. Hogan incurred a finance charge.
Hogan also has some notes receivable bearing an appropriate rate of interest. The principal and total interest are due at maturity. The notes were received on October 2, 2019, and mature on October 1, 2020. Hogan’s operating cycle is less than one year.
Required:
College Accounting, Chapters 1-27
Financial And Managerial Accounting
Financial Accounting
Accounting Information Systems
Financial & Managerial Accounting
Managerial Accounting: The Cornerstone of Business Decision-Making
Corporate Financial Accounting
Fundamentals of Financial Management (MindTap Course List)
Accounting Information Systems
Essentials of Economics (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Principles of Microeconomics (MindTap Course List)
MKTG 12:STUDENT ED.-TEXT
Contemporary Marketing
Management, Loose-Leaf Version
Principles of Macroeconomics (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
Foundations of Business (MindTap Course List)
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Principles of Economics (MindTap Course List)
Essentials of Business Communication (MindTap Course List)
College Accounting (Book Only): A Career Approach
Financial Accounting
Financial & Managerial Accounting
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Accounting (Text Only)
College Accounting (Book Only): A Career Approach
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Exploring Economics
Pkg Acc Infor Systems MS VISIO CD
Principles of Macroeconomics (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
Statistics for Business & Economics, Revised (MindTap Course List)
Corporate Financial Accounting
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Survey of Accounting (Accounting I)
Cornerstones of Cost Management (Cornerstones Series)
Macroeconomics
Purchasing and Supply Chain Management
Economics For Today
Economics (MindTap Course List)
Microeconomics
Practical Management Science
Cornerstones of Financial Accounting
Managerial Accounting
Micro Economics For Today
Macroeconomics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
MACROECONOMICS FOR TODAY
Principles of Microeconomics
Understanding Management (MindTap Course List)
Microeconomics: Private and Public Choice (MindTap Course List)