User Account

All Pages

Financial statement presentation of receivables

Assignment Help Accounting Basics
Reference no: EM131051066

(Financial Statement Presentation of Receivables) Jim Carrie Company shows a balance of $181,140 in the Accounts Receivable account on December 31, 2013. The balance consists of the following.

Instructions

Illustrate how the information above should be shown on the balance sheet of Jim Carrie Company on December 31, 2013.

Reference no: EM131051066

Questions Cloud

Context of an economic model of discrimination : After being a doormat for much of their existence, the Brooklyn Dodgers became a dominant team as soon as they broke the color line in baseball. Explain why in the context of an economic model of discrimination.
Payoff matrix implied by these probabilities : Show the payoff matrix implied by these probabilities. Calculate the probability that the server should use to make the receiver have no benefit from guessing either side. What is the probability of the server winning with this strategy?
The greatest price change for given change in interest rates : Which of the following bonds as the greatest price change for a given change in interest rates?
Prepare proposal on how to improve interlude ttdis patronage : Reasearch Methodology- Prepare a research proposal on how to improve Interlude TTDI's patronage and marketing scheme.
Financial statement presentation of receivables : (Financial Statement Presentation of Receivables) Jim Carrie Company shows a balance of $181,140 in the Accounts Receivable account on December 31, 2013. The balance consists of the following.
The variable growth common stock valuation model : The variable growth common stock valuation model. finds the sum of the present value of dividends during the initial growth period and the present value of the price of the stock at the end of the initial growth period.
What is the new unemployment rate : Suppose an economy has 13,800 people employed and 1,200 unemployed but looking for work. a. According to the data, what is the unemployment rate for this economy? Show your work. b. If 1,000 people lose their jobs and immediately begin looking for wo..
Calculate the profit each firm earns in equilibrium : Calculate the profit each firm earns in equilibrium
The interest is reinvested at an annual effective rate : Victor invests 300 into a bank account at the beginning of each year for 20 years. The account pays out interest at the end of every year at an annual effective interest rate of i% . The interest is reinvested at an annual effective rate of (i/2)%. T..

Reviews

Write a Review

Accounting Basics Questions & Answers

  In 2010 jake who files head of household made a 1900

in 2010 jake who files head of household made a 1900 payment for qualified mortgage insurance paid under a contract

  The amount of the direct labor rate variance

The standard costs and actual costs for direct labor for the manufacture of 2,500 actual units of product are as follows:

  What was the annual amount of depreciation for the years

equipment acquired on january 6 2011 at a cost of 714000 has an estimated useful life of 12 years and an estimated

  Problem regarding the money market mutual fund

Shu has narrowed her "savings" account choices to a standard checking account paying 1.25 percent, a money market deposit account (MMDA) paying 3 percent, and a money market mutual fund (MMMF) earning 3.75 percent.

  Stockholders equity at the end of the year

Jimmy's Repair Shop started the year with total assets of $100,000 and total liabilities of $80,000. During the year the business recorded $210,000 in revenues, $110,000 in expenses, and dividends of $20,000. Stockholders' equity at the end of the..

  Expected disbursements for quarter

The accounts payable balance at the beginning of quarter one is $25,400. What is the amount of the expected disbursements for quarter two given the following expected quarterly sales? Quarter 1: $65,000 Quarter 2: $106,000 Quarter 3: $98,000 Quart..

  Discuss the major staffing policies that global

what are the major staffing policies that global organizations must consider? how must an organization choose among

  Prepare the journal entry to record williams corp

Equipment on the Cobb's books with a 5-year life was undervalued by $60,000. Any excess fair value attributable to the consideration paid was considered to be goodwill with an  indefinite life. Williams Corp. also paid legal and accounting consul..

  Mike owns a snowmobile manufacturing business

Mike owns a snowmobile manufacturing business,

  Corp a has assets with a fair market value of 100 and has

corp a has assets with a fair market value of 100 and has liabilities of 30 and a net operating loss carryforward of

  Determining the profit margin

Stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15%. What profit margin would LeCompte need in order to achieve the 15% ROE, holding everything else constant?

  Summarizing the lease payments and interest expense

Calculate the amount of the asset and liability of Lotus Company at the inception of the lease. (Round to the nearest dollar.) Prepare a table summarizing the lease payments and interest expense.

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