Business
Business, 26.09.2019 16:20, paolaviviana

Rosie dry cleaning was started on january 1, 2018. it experienced the following events during its first two years of operation: events affecting 2018 provided $45,000 of cleaning services on account. collected $39,000 cash from accounts receivable. adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account. events affecting 2019 wrote off a $300 account receivable that was determined to be uncollectible. provided $62,000 of cleaning services on account. collected $61,000 cash from accounts receivable. adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account. required organize the transaction data in accounts under an accounting equation for each year. determine the following amounts: (1) net income for 2018. (2) net cash flow from operating activities for 2018. (3) balance of accounts receivable at the end of 2018. (4) net realizable value of accounts receivable at the end of 2018. determine the following amounts: (1) net income for 2019. (2) net cash flow from operating activities for 2019. (3) balance of accounts receivable at the end of 2019. (4) net realizable value of accounts receivable at the end of 2019.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 23.06.2019 10:00, squawk1738
Each month hope received her bank statement listing the checks that have cleared her checking account in the month. what are these checks called? a. reconciled b. covered c. outstanding d. cancelled
Answers: 1
image
Business, 23.06.2019 13:30, DakotaOliver
What is baruch shemtov's product, and how did he begin creating it? (site 1)
Answers: 3
image
Business, 23.06.2019 14:30, baseballdude4807
Feedback systems do not always involve negative feedback. economic inflation, which is evidenced by continually rising prices, is a positive feedback system. a positive feedback control system, as shown on the right, adds the feedback signal to the input signal, and the resulting signal is used as the input to the process. a simple model of the price-wage inflationary spiral is shown on the right. add additional feedback loops, such as legislative control or control of the tax rate, to stabilize the system. it is assumed that an increase in workers’ salaries, after some time delay, results an increase in prices. under what conditions could prices be stabilized by falsifying or delaying the availability of cost-ofliving data? how would a national wage and price economic guideline program affect the feedback system?
Answers: 2
image
Business, 23.06.2019 23:50, Ayori144
Which of the following is a way that companies attempt to get consumers to buy their products instead of their competitor's products? a. market research. b. marginal analysis. c. branding. d. sabotage.
Answers: 2
Do you know the correct answer?
Rosie dry cleaning was started on january 1, 2018. it experienced the following events during its fi...

Questions in other subjects:

Konu
Mathematics, 19.02.2021 21:40
Konu
Mathematics, 19.02.2021 21:40
Konu
History, 19.02.2021 21:40