How much was collected on account during the period

Assignment Help Accounting Basics
Reference no: EM132621578

Problem 1: 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: EM132621578

Questions Cloud

What is the object that will have the same ratio in size : What is the object that will have the same ratio in size than between us and the Earth for a bacterium?
Examine the impact of ethical professional behaviour : Examine the impact of ethical professional behaviour and accountability of accountants on financial reporting using stewardship theory.
Evolution of theory : Imagine that you have been asked to deliver a presentation about the evolution of leadership to a high school management class.
What principles did you apply in making the decision : Reviewing the investments in your portfolio, you realize that the carbon footprint connected to your investments is relatively large, but your oil company.
How much was collected on account 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?
Define acidic and basic dyes : -Why do you think the presence of grease or dirt on a glass slide will result in a poor smear preparation? Cite two or three reasons.
Define concept of social support : Define the concept of social support. Define and explain the four types of social support and provide an example of each type of support.
How much will the retained earnings balance become : If the firm issues the 10% stock dividend, how much will the retained earnings balance become? How much will total equity become?
CSC2404 Operating Systems Assignment : CSC2404 Operating Systems Assignment Help and Solution - University of Southern Queensland, USQ, Australia - Assessment Writing Service

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