Determine the total service revenue

Assignment Help Accounting Basics
Reference no: EM132896286

Question - In 2020, Junction Corporation has cash receipts from customers of $270,000 and cash payments for operating expenses of $168,000. At January 1, 2020, accounts receivable were $30,000; at December 31, 2020 they were $34,400. Determine the total service revenue?

Reference no: EM132896286

Questions Cloud

Write the journal entries to record the disposal : Write the journal entries to record the disposal of the old delivery truck on 31 March 2018, including calculation of gain or loss. Show your calculations
What is the changing cells breakdown : Johson Research has been hired to survey cable television customers to determine their attitudes toward a restructuring of the basic cable service and rate sche
How company core values related to its corporate culture : Today, Zappos is owned by Amazon.com who purchased the company for $1.2 billion in 2010. How company core values related to its corporate culture
Modify engines for cleaner performance : The first recommendation is to make modifications to the engines in your fleet that will reduce emissions while improving performance slightly. The work is expe
Determine the total service revenue : At January 1, 2020, accounts receivable were $30,000; at December 31, 2020 they were $34,400. Determine the total service revenue
What is the lowest transfer price : What is the lowest transfer price that will ensure that both divisions will voluntarily participate in the transfer
How big of an annual contribution would she have : If Shannon Pegnim had started her IRA at age 35 rather than age 14, how big of an annual contribution would she have had to have made to have the same amount
Compute Martinez net cash provided by operating activities : Question - In 2020, Martinez Corporation reported a net loss of $73,900. Compute Martinez's net cash provided (used) by operating activities
Prepare the Statement of Affairs as at today date : Plant & Equipment can be auctioned off and will sell for $70,000. Prepare the Statement of Affairs as at today date

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