What are the total number of valid sales

Assignment Help Accounting Basics
Reference no: EM132530841

Question - What are the total number of valid sales that comprise the $84,867,855 sales revenue shown on the trial balance as of 12/31/2017? What are the total number of unpaid invoices that comprise the $11,988,886 gross accounts receivable balance shown on the trial balance as of 12/31/2017? Assume that Urgent has no outstanding accounts receivable from 2016.

Reference no: EM132530841

Questions Cloud

Create a stockholders equity section at December : Nov.10 Purchased 1,000 shares of common stock for the treasury at a cost of $6,100. Create a stockholders' equity section at December 31, 2020
Recommendation on organizational structure and performance : Describe and assess the impact of the implementation of the recommendation on the organizational structure and performance relative to the forecasted demand
Statement concerning general view of procreative technology : A statement concerning a general view of procreative technology in light of the moral objections often raised (see reading).
Moral criticisms of the market : This assignment requires you to read "Moral Criticisms of the Market" by Ken S. Ewert (found in the Reading & Study folder). Note that in his article,
What are the total number of valid sales : What are the total number of valid sales that comprise the $84,867,855 sales revenue shown on the trial balance as of 12/31/2017
Embryo project encyclopedia : Do you think forced sterilization of those deemed genetically inferior is an appropriate way to deal with the disease?
What is the net cash provided by financing activities : The following information relates to the Stockton Company: Bought equipment $5,000. What is the net cash provided by financing activities
Afn equation to forecast broussard additional funds : Broussard Skateboard's sales are expected to increase by 25% from $7.6 million in 2016 to $9.50 million in 2017. Its assets totaled $5 million at the end of 201
Washington farewell address analysis : An in-depth look at the U.S. Constitution and whether today's generations are applying the principles embedded in the Constitution in an appropriate manner.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Major reason for introducing budgetary control

The major reason for introducing budgetary control and standard costing systems is to influence human behaviour and to motivate the managers to achieve the goals of the organization.

  Prepare journal entries to record preceding transcations

Perry company had no short-term investment prior to year 2011. Prepare journal entries to record preceding transcations and events

  Describe both bases of accounting and explain the difference

Commercial accounting and generally accepted accounting principles, generally prescribe the accrual basis of accounting over the cash basis. Describe both bases of accounting and explain the differences.

  Record the change in each participant equity

Record the change in each participant's Equity in Pooled Investment account due to the September 15 treasury interest and December 31 CD interest accrual

  Considering the constraint calculate how much money is made

glunn company makes three products in a single facility. these products have the following unit revenue and cost data

  What is the present value of the expected value of project

What is the value as of January 1, 20X1 of being able to opt out of this first project if it turns out to have a low payoff

  Calculate the raw material cost for one bottle

Using the preceding data, calculate the raw material cost for one bottle of the new cleaner. Explain the process that would be used to develop direct labor cost

  What is the unadjusted rate of return

What is the unadjusted rate of return?

  Discuss collectibility of the payments is reasonably assured

Collectibility of the payments is reasonably assured and Pasta inn has performed all the Initial services required by the contract

  Calculate the selling price per unit charged by the outside

Calculate the selling price per unit charged by the outside supplier that would make Glenneconomically indifferent between making and buying the motor

  Discuss earliest convenience to understand practice

earliest convenience to understand practice question and add your calculations too

  In each of the following cases indicate who is responsible

in each of the following cases indicate who is responsible for reporting the income.a. dr. a instructed the hospital

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