Solution-Compute cash sales, If accounts receivable

Compute cash sales

Reference no: EM131704477

Question - Blossom Co. reported sales on an accrual basis of $97,000. If accounts receivable increased $33,500 and the allowance for doubtful accounts increased $8,700 after a write-off of $2,700, compute cash sales.

Reference no: EM131704477

Questions Cloud

How much is veneia adjusted gross income increased : Veneia is a 30% general partner in the calendar year, cash basis TUV partnership. How much is Veneia's adjusted gross income increased as a result

What are the components of the net position section : What are the components of the net position section of a governmental hospital's balance sheet?

Stimulus package of the president : Although the Congress accepted an early stimulus package of the president in 2008, it has been very reluctant and disagreeable with a second round.

Nicaraguan catholics disappointed with the popes position : Why were some Nicaraguan Catholics disappointed with the pope's position on political action

Compute cash sales : If accounts receivable increased $33,500 and the allowance for doubtful accounts increased $8,700 after a write-off of $2,700, compute cash sales

Accounting for and reporting patient service revenues : The Maggie King Hospital, a not-for-profit hospital, had the following transactions regarding its patient service billings.

Employee satisfaction and engagement within organization : what type of benefits drive the highest employee satisfaction and engagement within an organization?

What is impact on net income over the two accounting periods : What is the impact on net income over the two accounting periods and What is the impact on net income over the two accounting periods

Describe how president clinton''s transgressions : Describe how President Clinton's transgressions in the office during the 1990s differed from those of President Nixon's in the 1970s

User Account

All Pages

Compute cash sales

Reference no: EM131704477

Reference no: EM131704477

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

Discuss the advantages of the dual-rate method

Prepare volkswagen journal entry to record its depreciation

Determine doug minimum net employwent income

Cross-country skier

The dean of the school of natural science is trying to

Important uncertainties surround the amount of costs

What journal entry will be required to record the

How would a change in standard deviation

The controller of furgee industries has collected the

During its assessment of the accounts payable department

The enterprise standard industrial classification

Account for the work performed

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT