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A company reported annual sales revenue of $450,000. During the year, accounts receivable decreased from a $14,000 beginning balance to a $12,000 ending balance. Accounts payable decreased from a $11,000 beginning balance to a $8,000 ending balance. How much is cash received from customers for the year?
question 1 unsaved the purpose of adjusting entries is1. recognize revenue earned but not yet recorded.2. recognize
Tom Hughes died in 2009 with a gross estate of $3.9 million and debt of $30,000. He made post-1976 taxable gifts of $100,000, valued at $80,000 when he died. His estate paid state death taxes of $110,200. What is his estate tax base?
you are buying your first house for 220000 and are paying 30000 as a down payment. you have arranged to finance the
bargain rental car offers rental cars in an off-airport location near a major tourist destination in california.
Describe how the accounts receivable and the allowance for doubtful accounts are reported on the balance sheet.
can someone help me do the 2nd and 3rd question of the new ball golf 1. conduct a sensitivity analysis where the
on july 1 2009 a corporation issued 800000 of 9 8 yearbonds to yield 10. interest is paid semiannually on december
Calculate net operating income and residual income for each division. Compare the two divisions and discuss the usefulness of ROI and residual income for the purpose of comparing the divisions.
tom earns 15 per hour for up to 40 hours of work each week. he is paid 30 per hour for every hour in excess of 40. tom
Teresa is a civil engineer who uses her automobile for business evenly throughout the year. Teresa drove her automobile a total of $22,650 miles evenly during 2011, of which 95% was business mileage.
schrager company has two production departments cutting and assembly. july 1 inventories are raw materials 4200 work in
Why is the audit of cash an important part of the audit? why is the cash account important to the decisions of investors and creditors?
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