Which transactions should we post in current year

Reference no: EM131970235

Problem

Receives a check for £200 from a customer as a deposit for a special order to be delivered in the following year. The original contract price is £500. which transactions should we post in current year?

Reference no: EM131970235

Questions Cloud

Define findings about overall status of student loan debt : According to this article, what are the main findings about the overall status of student loan debt? What is accrued interest?

What are the advantages of using the high or low estimates : What are the advantages of using the high or low estimates? Are there any ethical situations involved? Which amounts would you use to calculate overhead rate?

Samples are random and independent : Assume the two samples are random and independent. At a level of significance of a = 0.05, when should you reject H0?

External environment is necessary of a modern tourism : Reflect your views on The Topic: Understanding the external environment is a necessary attribute of a modern tourism and hospitality manager

Which transactions should we post in current year : Receives a check for £200 from a customer as a deposit for a special order to be delivered. Which transactions should we post in current year?

What is the probability that the fiber will break : What is the probability that the fiber will break at 1,500 cycles? What is the probability that the fiber will break at 2,500 cycles?

Discuss difference between facilitating payments and bribes : Discuss the difference between facilitating payments and bribes. Which are all allowed and which are prohibited? Explain. Develop an answer to the question.

Plans to test using alpha : Assuming that she plans to test this using alpha (significace level) equal to 0.05, which of the following is the correct critical value?

Oundary issues and dual relationships in the human services : Boundary crossings and dual relationships are some of the most common ethical issues faced by human service professionals.

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