Determine the accounts receivable balance

Assignment Help Accounting Basics
Reference no: EM13155543

At December 1, 2010, Orear Company's Accounts Receivable balance was $1,200. During December, Orear had credit sales of $5,000 and collected accounts receivable of $4,000. At December 31, 2010, the Accounts Receivable balance is ??

Reference no: EM13155543

Questions Cloud

Estimating diluted earnings per share : What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2011
Briefly offer an ezplaination that can resolve that dilems : one of your econ classmates is puzzled by how the wealth effect is a reason for not only the downward sloping nature of aggregate demand (AD) schedule, but also for shifts in the AD curve. Briefly offer an ezplaination that can resolve that dilems..
Transformation of quartz at high pressure and temperature : We find coesite and stishovite in shocked Coconino Sandstone at meteor Crater. We infer that coesite and stishovite formed from the transformation of quartz at high pressure and temperature.
What is the corrosponding saving function : Suppose you have estimated the consumption function as C=250=0.90Yd where Yd is disposable income. what is the corrosponding saving function?
Determine the accounts receivable balance : At December 1, 2010, Orear Company's Accounts Receivable balance was $1,200. During December, Orear had credit sales of $5,000 and collected accounts receivable of $4,000. At December 31, 2010, the Accounts Receivable balance is ??
What group of monerans are an important source of o2 : List the dining characteristics of Kingdom Monera. What is the common name for the largest group of Monerans? What group of Monerans are an important source of O2?
What policy action could it posibaly take now : If the goverment of Langkawi decides that it cannot wait for the economy to self-correct in the long-run, what policy action could it posibaly take now? what trade offs,if any, will it have to be prepared to make in term of economic outcomes?
Debit-credit equipment-consolidated financial statements : Calculate the amount to be debited or credited for equipment during the preparation of the 2008 consolidated financial statements.
Calculate the ph of the solution : Consider the titration of 50.0 mL of 0.217 M HN3 (Ka = 2.6 x 10-5) with 0.183 M NaOH. Calculate the pH of the solution after the addition of 29.6 mL of NaOH solution.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd