Business

Business, 05.11.2019 04:31, milo3685

Cash collected from customers during the year ended december 31, 2019 amounted to $314,000, and accounts receivable decreased by $42,000 during the year. how much were sales on account for the year ended december 31, 2019? (assume that no cash sales were made during the year and that all sales on account are collectible.)

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Business, 21.09.2019 02:30, marcoantonioperezpan

Wrote off an uncollectible account for $650. provided $88,000 of services on account. provided $32,000 of services and collected cash. collected $81,000 cash from accounts receivable. paid $65,000 of salaries expense for the year. adjusted the accounts to reflect uncollectible accounts expense for the year. leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. d-1. organize the transaction data in accounts under an accounting equation. d-2. prepare an income statement for 2019. d-3. prepare the statement of changes in stockholders' equity for 2019. d-4. prepare the balance sheet for 2019. d-5. prepare the statement of cash flows for 2019. d-6. what is the net realizable value of the accounts receivable at december 31, 2019?

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Business, 08.10.2019 19:00, madistupid

Wrote off an uncollectible account for $650. provided $88,000 of services on account. provided $32,000 of services and collected cash. collected $81,000 cash from accounts receivable. paid $65,000 of salaries expense for the year. adjusted the accounts to reflect uncollectible accounts expense for the year. leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. d-1. organize the transaction data in accounts under an accounting equation. d-2. prepare an income statement for 2019. d-3. prepare the statement of changes in stockholders' equity for 2019. d-4. prepare the balance sheet for 2019. d-5. prepare the statement of cash flows for 2019. d-6. what is the net realizable value of the accounts receivable at december 31, 2019?

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Business, 08.11.2019 01:31, amunson40

Cash collected from customers during the year ended december 31, 2019 amounted to $314,000, and accounts receivable decreased by $42,000 during the year. how much were sales on account for the year ended december 31, 2019? (assume that no cash sales were made during the year and that all sales on account are collectible.) in g

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Business, 11.11.2019 18:31, lbelle

Following is a partially completed balance sheet for hoeman inc. at december 31, 2020, together with comparative data for the year ended december 31, 2019. from the statement of cash flows for the year ended december 31, 2020, you determine the following: net income for the year ended december 31, 2020, was $94,500. dividends paid during the year ended december 31, 2020, were $62,500. accounts receivable decreased $11,000 during the year ended december 31, 2020. the cost of new buildings acquired during 2020 was $128,500. no buildings were disposed of during 2020. the land account was not affected by any transactions during the year, but the fair value of the land at december 31, 2020, was $193,000. required: complete the december 31, 2020, balance sheet. (hint: long-term debt is the last number to compute to make the balance sheet balance.) prepare a statement of cash flows for the year ended december 31, 2020, using the indirect method.

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