If the accounts receivable balance at the end of the year

Reference no: EM13579317

The following information is for X Company's operations during the year:

Sales on account	$5,876
Cash sales	$5,237
Cash collections from customers on account	$6,083

If the Accounts Receivable balance at the end of the year was $1,165, what was the Accounts Receivable balance at the beginning of the year?

Reference no: EM13579317

Questions Cloud

A farmer loses 60000 when the summer is too dry and makes : a farmer loses 60000 when the summer is too dry and makes 100000 when the growing season is moderate. the probability

280000 51 arm loan amortized over 15 years at 39 from year : 280000 51 arm loan amortized over 15 years at 3.9. from year 6 to 7 the interest rate is 7.5. marr is 10 per year

On january 1 2014 it paid rent for 2014 and 2015 the : x company prepares annual financial statements. it rents space in a large office complex. on january 1 2014 it paid

At the beginning of 2009 metatec inc acquired ellsion : at the beginning of 2009 metatec inc. acquired ellsion technology corp for 600 million. in addition to cash receivables

If the accounts receivable balance at the end of the year : the following information is for x companys operations during the yearsales on account5876cash sales5237cash

On january 1 a customer paid x company 39000 in advance for : on january 1 a customer paid x company 39000 in advance for cleaning services. the cleaning was going to be done once

Assume that the population of heights of male college : assume that the population of heights of male college students is approximately normally distributed with mean m of

At the beginning of 2012 angel corporation began offering a : at the beginning of 2012 angel corporation began offering a 1-year warranty on its products. the warranty program was

A company uses the weighted average method in its : a company uses the weighted average method in its processing costing system and a normal costing system in the

Reviews

Write a Review

Required(*) Message

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.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

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

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

User Account

All Pages