User Account

All Pages

Compare the total of the schedule with the balance

Assignment Help Accounting Basics
Reference no: EM131537225

Question: Selected entries from the sales, cash receipts, and general journals for Healthy Nutrition are given in the Working Papers.

Instruction: 1. Start new pages for the following customer accounts in the accounts receivable ledger. Record the balances as of October 1 of the current year.

1552_Customer no..png

2. Post the separate items recorded in the sales, cash receipts, and general journals to the appropriate accounts receivable ledger accounts. Post in chronological order by date.

3. Prepare a schedule of accounts receivable. Compare the total of the schedule with the balance of the controlling account, Accounts Receivable, $8,293.44. If the totals are not the same, find and correct the errors.

Reference no: EM131537225

Questions Cloud

Compare the total of the schedule with the balance of the ca : Posting to an accounts payable ledger Selected entries from the purchases, cash payments, and general journals for Healthy Nutrition, a health food store.
Imagine you are the manager of a pension fund t : Imagine you are the manager of a pension fund that invests large amounts of money in companies, most of which are listed on the London Stock Exchange.
Essay in which you present a composite of who you are today : Write a short essay in which you present a composite of who you are today. Integrate into this essay insights gained as a result of this course
Calculate sensitivity of ocf to changes in quantity sold : Calculate the sensitivity of the OCF to changes in the quantity sold.
Compare the total of the schedule with the balance : Selected entries from the sales, cash receipts, and general journals for Healthy Nutrition are given in the Working Papers.
Find the cash flow from the sale of the asset : Find the cash flow from the sale of the asset.
Why make such a big deal out of human differences : Why make such a big deal out of human differences? We're all Americans here. We don't need to emphasize diversity and pluralism.
What are advantages and disadvantages of given methodologies : There are various capital budgeting methodologies including the payback period. What are the advantages and disadvantages of these methodologies?
How can a company have increase in total revenue : Best Buy-Increasing Sales Results A sluggish economy had caused consumer spending to drop, especially in the sales of desktop computers and CDs.

Reviews

Write a Review

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

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd