User Account

All Pages

What is the January balance in the Freeze Company account

Assignment Help Accounting Basics
Reference no: EM132640253

Question - Crane Company has a balance in its Accounts Receivable control account of $11,300 on January 1, 2020. The subsidiary ledger contains three accounts: Bixler Company, balance $4,500; Cuddyer Company, balance $2,100; and Freeze Company. During January, the following receivable-related transactions occurred.

 

Credit Sales

Collections

Returns

Bixler Company

$9,500

$7,700

$0

Cuddyer Company

7,300

2,600

3,300

Freeze Company

9,000

9,000

0

Required - What is the January 1 balance in the Freeze Company subsidiary account?

Reference no: EM132640253

Questions Cloud

What is Timberline carryforward : Assume that Timberline Corporation has 2019 taxable income of $256,000 for purposes of computing the §179 expense. What is Timberline carryforward
Explain how doctrinaire organization functions : Explain how a doctrinaire organization functions. List some of the steps that a firm can take to increase profitability.
Discuss promotion marketing strategy : Discuss the promotion marketing strategy which you plan to recommend for your Export Market Strategy Report.
Find company that is struggling : Find a company that is struggling. Where is it in the positioning matrix?
What is the January balance in the Freeze Company account : Crane Company has a balance in its Accounts Receivable control account of $11,300 on January 1, 2020. What is the January balance in the Freeze Company account
Quantitative or qualitative methodologies : Worldviews, i.e., paradigms, govern the approach to research, i.e., quantitative or qualitative methodologies, and must not be confused with the role of theory
Example of your personal definition of leadership : Explain how this individual is a relevant example of your personal definition of leadership.
Model of leadership assists in development of leaders : Provide an overview of your competency model. Discuss how your model of leadership assists in the development of leaders.
What is the balance of the accounts receivable control : Sales journal Total sales $174,600. What is the balance of the Accounts Receivable control account after the monthly postings on July 31

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.

  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

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd