Solution-Determine the amount of cash received from

Determine the amount of cash received from customers

Reference no: EM13509713

Cash received from customers-direct method

Sales reported on the income statements were $450,000. The accounts receivable balance increased $47,000 over the year. Determine the amount of cash received from customers.

Reference no: EM13509713

Questions Cloud

Prepare the cash flows from operating activities section : Prepare the Cash Flows from operating Activities section of the statement of cash flows using the indirect method.

In terms of recovering oil from the ground at a location : In terms of recovering oil from the ground at a location where reserves have been identified and are accessible, the most important factor would then be:

Find changes in current operating assets : Adjust net income of $240,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

Estimate the pressure in the container : For chlorine gas, the van der Waals constants are: a = 0.658 J·m3/mol2, and b = 5.62 × 10-5 m3/mol. What is the pressure in the container

Determine the amount of cash received from customers : Sales reported on the income statements were $450,000. The accounts receivable balance increased $47,000 over the year. Determine the amount of cash received from customers.

What would her kinetic energy be : A running house cat has 13.5 J of kinetic energy at speed "v". What would her kinetic energy be if she ran half as fast as the speed in part A

How are the effects of these transactions reported : Pilot Corporation purchased land for $480,000. Later in the year, the company sold land with a book value of $288,000 for $328,000. How are the effects of these transactions reported on the statement of cash flows?

The conversion of forests to agricultural land : The conversion of forests to agricultural land is no longer only for subsistence agriculture in tropical regions. Eating a sandwich that includes bread, tomatoes, lettuce, meat, and cheese, is one way humans interact with the natural environment

Determine the amount of cash paid for merchandise : Cost of merchandise sold reported on the income statement was $360,000. The accounts payable balance decrease $17,800 and the inventory balance decreased by $28,000 over the year. Determine the amount of cash paid for merchandise.

User Account

All Pages

Determine the amount of cash received from customers

Reference no: EM13509713

Reference no: EM13509713

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Identify a business research topic

The cost of goods manufactured for the year

Prepare in good form the stockholders equity section

How must an auditor address fraud in the planning stage

Analyzing activity in inventory accountsselect data

Evaluate financial impact of spending this additional money

Corporate governance

Perform horizontal and vertical analysis

Part 1 george ltd manufactures two types of coils used in

Part-11 assume that the managers of fort winston hospital

Evaluate what is the npv for each project

Yuli-one copters is in the business of designing and

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT