User Account

All Pages

What were the Inventories

Assignment Help Accounting Basics
Reference no: EM132705231

Question - The following data relates to Tan Jiang Motors for the year ended 31/12/19. Cash at Bank $10,000, Accounts Receivable $65,000, Accounts Payable $57,000 and Current ratio is 4.2. What were the Inventories as at 31/12/19?

Reference no: EM132705231

Questions Cloud

English common law allows for three primary forms : The English Common Law allows for three primary forms of business entities: The sole proprietorship, the general partnership, and the corporation
Legal claims against capstone corporation : Does Paula have any legal claims against Capstone Corporation? What about Paula's actions? Does Paula have a contract with Freddy to purchase the car?
Strong educational programs : At UC, it is a priority that students are provided with strong educational programs and courses that allow them to be servant-leaders in their disciplines
Analyze the role of it manager in business : Analyze the role of the IT manager in business and create a job description for an IT Manager.
What were the Inventories : Cash at Bank $10,000, Accounts Receivable $65,000, Accounts Payable $57,000 and Current ratio is 4.2. What were the Inventories as at 31/12/19
Define and describe business continuity : Define and describe business continuity. Define and describe disaster recovery.
Discussing the concept of risk modeling : Write a research paper discussing the concept of risk modeling. Please also evaluate the importance of risk models.
Information technology and organizational : Complete the following assignment in the Information Technology and Organizational Learning textbook:
The volatile ip address in the it sector : In order to avoid precise identification and commit serious crimes in other nations where they cannot be punished,

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the estate tax payable by Mr Jackson

Compute the estate tax payable by Mr. Jackson's executor if Mr. Jackson made no taxable gifts during his lifetime. Compute Mr. Jackson's taxable estate

  What is the cost of equipment at initial measurement

Equipment - Acquired at an invoice price of P600,000, subject to a 5% cash discount which was not taken. What is the cost of equipment at initial measurement

  Find the spending variance for wages and salaries in August

The actual wages and salaries for the month was $56,850. Find the spending variance for wages and salaries in August

  Problem regarding the deployment planning

Based on what you have read about Deployment Planning, think about what expenses are incurred during the Deployment process. They might include consulting resources to support the Go Live, over time fees for hospital employees and food expenses wh..

  How do required the board of directors has approached

How Required the board of directors has approached you for advice regarding the disclosures, if any, that are required for this change in accounting policy.

  What stakeholders should be considered

What stakeholders should be considered? What ethical issue, if any, underlies the dispute?

  Distinguish between exchange and nonexchange transaction

?What is the difference in reporting exchange and a nonexchange transaction? Distinguish between an exchange and a nonexchange transaction.

  Difference between accrual-cash accounting

Write a 200- to 300-word paragraph answering the following questions: What is the difference between accrual and cash accounting?

  Prepare the general journal entry to record the cash payment

Prepare the general journal entry to record the cash payment for the purchase assuming a discount was received and the gross method of recording purchase

  Minstrel uses a predetermined overhead rate

Minstrel uses a predetermined overhead rate of 150% of direct labor cost

  On february 24 amw purchased 4000 shares of kmp newly

on february 24 amw purchased 4000 shares of kmp newly issued 6 percent cumulative 75 par preferred stock for 304000.

  Report on current or long-term liability

Smith Corporation is preparing its December 31, 2009, balance sheet. The following items may be reported as either a current or long-term liability.

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