How much was collected on account during the period

Assignment Help Accounting Basics
Reference no: EM132227641

Question - Bravo Company had a beginning Accounts Receivable account balance of $380. During the period Bravo' sold goods on account for $1,400. Ending Accounts Receivable had a $630 balance. How much was collected on account during the period?

Reference no: EM132227641

Questions Cloud

What is the current status of your chosen country : What is the current status of your chosen country in the world marketplace? Support your answer with research. What is the ease of doing business in your chosen
Determine the amount to be recognized as intangible assets : Determine the amount to be recognized as intangible assets from the following data: Franchise to operate a local fast food 100,000
Two variables amessage and pmessage : What is the difference between the two variables amessage and pmessage?
How much was beginning accounts payable : Bravo Company purchased goods on account for $4,500, paid $2,300 of Accounts Payable, How much was beginning Accounts Payable
How much was collected on account during the period : Bravo Company had a beginning Accounts Receivable account balance of $380. How much was collected on account during the period
Define what specific concepts you learned from the video : Please watch and thoughtfully discuss one or more (if you pick a short one) of Khan Academy videos from the following playlist. Your discussion should list.
Disagreement between sponsor and project manager : What is the disagreement between sponsor and project manager. (from Project Managements)
Show the statement of hypothesis and define the variables : MGMT 67200 - Advanced Business Analytics - Purdue university - Provide a brief background of the study. What is the study about
How would you assign a pointer : I. How would you assign a pointer, called pA, to store the address of element 0 of this array? Write the C code for your answer.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How many of these must ray sell to break even

Ray Bond sells handcrafted yard decorations at county fairs. The variable cost to make these is $20 each, and he sells them for $50. The cost to rent a booth at the fair is $150. How many of these must Ray sell to break even

  Search for additional information

The classroom practice of financial accounting has largely trained you to look for an exact answer. However, at workplaces, you have to work with limited and missing information, requiring you to search for additional information. This search take..

  Performance measures to compensation

Discuss unethical behavior that can result if the wrong performance measures are used to tie performance measures to compensation.

  What would be the break- even point if variable costs per

matthew hagen started his company the sign of things to come three years ago after graduat-ing from upper state

  What is pert chart and why is it helpful in planning project

What is a PERT chart and why is it helpful in planning a project? Name several conditions when prototyping a system is useful.

  Best estimate of the stock price per share

The balance sheet also shows $90 million in accounts payable, $120 million in notes payable, $300 million in long-term debt, $50 million in preferred stock, $180 million in retained earnings, and $800 million in total common equity. If the company..

  Find what would be the balance reported for retained earning

If dividends of $78,900 were in arrears on preferred stock, what would be the balance reported for retained earnings?

  The customer signs and completes all paperwork for the sale

given the following scenario on what date would you recognize revenue if preparing financials under u.s. gaap? would

  In each of the following independent cases the company

in each of the following independent cases the company closes its books on december 31.1 sanford co. sells 500000 of 10

  What is ron adjusted gross income

Ron's rent in the dormitory where he lived would have been $5,000 for the year. What is Ron's adjusted gross income for 2014

  Determine the initial values of the various assets

etermine the initial values of the various assets that San Antonio acquired or constructed during 2016

  Minimizing errors in projections

Break even analysis utilizes both current and projected figures. In a rapidly changing economy, there are many individuals who are finding that their initial break even analyses were incorrect.

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