User Account

All Pages

How much money did the organization receive

Assignment Help Accounting Basics
Reference no: EM132067137

Question - An organization is owed £50,000 by its trade debtors (receivables) and in relation to its credit sales on 31.12.20X4. During the year to 31.12.20X5, it makes credit sales of £750,000. At 31.12.20X5, it is owed £125,000 by its trade debtors.

How much money did the organization receive from its trade debtors and in the year to 31.12.20X5?

How will the above information affect the organization's?

Reference no: EM132067137

Questions Cloud

How much was beta net income for the year : Beta had beginning total assets of $30,000 and ending total assets of $70,000. How much was Beta's net income for the year
What is the stock coefficient of variation : What is the stock's coefficient of variation? Round your answer to two decimal places. Do not round intermediate calculations.
Transmitter and receiver in a digital communication system : When designing the pulse shaping filters at the transmitter and receiver in a digital communication system, what is the Nyquist Criterion and the matched filter
Calculate the predetermined overhead rate : Assuming the use of normal costing, calculate the predetermined overhead rate that is used in the Machining Department
How much money did the organization receive : An organization is owed £50,000 by its trade debtors (receivables), How much money did the organization receive from its trade debtors and in the year
Discuss the type of actuator in case : Discuss the type of actuator in this case. Can you suggest any improvements in the actuator that would have prevented this unfortunate breakdown?
Calculate the break-even in monthly dollar sales : Wyly Inc. produces and sells a single product. The fixed expense is $356,643 per month. The break-even in monthly dollar sales is closest to
Determining the doping concentration : Doping concentration is 10^15cm-3 . How many kT is the difference between the Fermi energy and Ei in the bulk region? What is the Fermi potential?
Weighted average cost of capital : If the weighted average cost of capital (WACC) is 10% calculate the NPV of the project. If weighted average cost of capital is 14%, calculate the value of firm

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the break-even point in units for each process

Ethics and a Cost-Volume-Profit Application Danna Lumus, the marketing manager for a division that produces a variety of paper products.

  A 78000 invtestment in machinery is proposed it is

a 78000 invtestment in machinery is proposed. it is anticipated that this investment will cause a reduction in net

  Prepare the journal entries to record this transaction

Assume the same information as BE9-4. On March 4, 2011, Delong Co. receives payment of $5,400 in full from Ristau Inc. Prepare the journal entries to record this transaction.

  Long-term debt in the capital structure

Preferred stock is used much less than long-term debt in the capital structure of most industrial and merchandising companies principally because

  Is it possible to have a balance sheet for a single day

Is it possible to have a balance sheet for a single day?

  How is the contribution margin of limited resources computed

What approach should be used to calculate the breakeven point of a company that has many products? How is the contribution margin per unit of limited resources computed.

  Prorate the overhead account balance

Prorate the overhead account balance based on the relative balances of the appropriate accounts. Round your final answers to the nearest dollar

  What is the current break-even point in sales dollars

What is the current break-even point in sales dollars, CVP Analysis and Special Decisions

  How does it impacts the accounting equation make sure to

genie performs service on account which means that genie lets some customers pay later. genie earns revenue but doesnt

  Leslie mittelberg is considering the wholesaling of a

leslie mittelberg is considering the wholesaling of a leather handbag from kenya. she must travel to kenya to check on

  Ash corp uses a process costing system beginning inventory

ash corp uses a process costing system. beginning inventory for january consisted of 2000 units that were 40 completed.

  Compute diluted earnings per share

In 2016, Waterway Enterprises issued, at par, 60 $1,000, 9% bonds, Compute diluted earnings per share for 2017

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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