The singletary company had 700000 of sales revenue during

Assignment Help Accounting Basics
Reference no: EM13593562

The Singletary Company had $700,000 of sales revenue. During the same accounting period the beginning and ending accounts receivable balance was $26,000 and $29,000, respectively.What was the amount of cash collected from the customers during this period?

 

Reference no: EM13593562

Questions Cloud

Arent corporation owns 100 of subsidiary corporations : parent corporation owns 100 of subsidiary corporations single class of stock. its adjusted basis for the stock is
Inez butler is the sole shareholder of pelican inc which : inez butler is the sole shareholder of pelican inc. which owns car dealerships. pelican purchases the assets of a
When one uses the indirect method what should be added to : when one uses the indirect method what should be added to net income in determining net cash flow from operating
In using the indirect method to prepare the statement of : in using the indirect method to prepare the statement of cash flows which of the following is not an adjustment when
The singletary company had 700000 of sales revenue during : the singletary company had 700000 of sales revenue. during the same accounting period the beginning and ending
Cash expenses for the period included administrative : central station fund. the town of elizabeth operates the old train station as an enterprise fund. the train station
Michelle purchased her home for 150000 and subsequently : 1.michelle purchased her home for 150000 and subsequently added a garage costing 25000 and a new porch costing 5000.
014 kg of water at 880 deg c is poured into an insulated : question 0.14 kg of water at 88.0 deg c is poured into an insulated cup containing 0.234 kg of ice initally at 0 deg.
You measure the current that the circuit draws from the : you connect five identical resistors in series to a battery whose emf is 12.0 v and whose internal resistance is

Reviews

Write a Review

Accounting Basics Questions & Answers

  Manufacturing overhead was applied to jobs worked on using

davis inc. uses a job order cost accounting system and keeps perpetual inventory records. the following transactions

  Aggie company issued 5 - year bonds with a par value of

aggie company issued 5 - year bonds with a par value of 35000000 and a 7 annual stated rate of interest on january 2

  What is the contribution margin ratio

Hunter inc. sells unique product with the following information available: Sales price $100 per unit variable costs $40 per unit fixed costs $19,500 units produced and sold 1,300. If one more unit is sold how much will net operating income incr..

  You have agreed to audit a privately held company that

you have agreed to audit a privately held company that manufactures athletic shoes. you are the owner of a cpa firm

  A company purchased a computer system on jan 1 2001 for

a company purchased a computer system on jan 1 2001 for 1600000. prepare the journal entries to record depreciation for

  Why are worksheet entry required in different fiscal period

James, Inc., sells inventory to Matthews Company, a related party, at James's standard markup. At the current fiscal year-end, Matthews still holds some portion of this inventory -why are worksheet entries required in two different fiscal periods?

  The correct amount of check 1419 for rent expense is 1 920

the april cash record of donald insurance followcash

  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

  Calculate ending inventory and gross profit rate

Calculate ending inventory, cost of goods sold, gross profit, and gross profit rate under each of the following methods.

  How have the australian courts approached the issue

How have the Australian courts approached the issue of which which proceeds of a business will constitute the 'ordinary incidents' orordinary proceeds' of a business?

  What amount should appear as inventory

In taking a physical inventory on December 31, Jensen counted all goods on hand and priced the inventory on the basis of average cost. The total amount was $600,000. No goods in transit were included in this figure.

  Grant inc acquired 30 of south companys common stock for

grant inc. acquired 30 of south companys common stock for 350000 on january 1 2011. during 2011 south company reported

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