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Recent Questions and Answers
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Recent Note Receivable News:
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China Forestry Industry Group, Inc. , a company involved in the production and sale of floor materials and related products to residential and commercial customers in China through its subsidiaries Aosen Forestry and Silvan Flooring, announced its financial results for the fourth quarter and fiscal year 2010 ended December 31, 2010 on April 15, 2011. Â
BLUE BELL, Pa., April 25, 2011 /PRNewswire/ -- Continued strengthening of balance sheet; $211 million debt reduction in 1Q; additional $179 million debt reduction in April Pre-tax loss of $7.8 million includes previously announced $31.8 million charge related to 1Q debt reduction 1Q results impacted by $50 million revenue decline in U.S. Federal business Unisys Corporation (NYSE: UIS) today ...
Wausau Paper today reported that:
Fitch Ratings has determined that today's addition by Ally Bank of approximately $2.6 billion in total principal receivables from 947 accounts to the Ally Master Owner Trust will not have an impact on Fitch's existing ratings on the outstanding transactions issued from the trust listed below.
MINNEAPOLIS, April 22, 2011 /PRNewswire/ -- HEI, Inc. (Pink Sheets: HEII; http://www.heii.com ) today announced its financial results for its first quarter of fiscal year 2011, which ended April 2, 2011. Sales for the first quarter were $9,723,000, compared to $9,520,000 for the first quarter of 2010. The Company generated a net income of $186,000 for the first quarter ...
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Additional Note Receivable Resources:
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1.
Principles of Accounting Chapter 7
Notes receivable and interest, including dishonored obligations. .. ACCOUNTING FOR NOTES RECEIVABLE: To illustrate the accounting for a note receivable,
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Accounts and Notes Receivable
Receivables. Notes receivable. Design internal controls A note receivable may arise from a sale or may be given in settlement of an account receivable.
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