The cash account balance was 38750 during june cash

Assignment Help Accounting Basics
Reference no: EM13566460

On june 1, the cash account balance was $38,750. During June, cash payments totaled $239,140 and the June 30 balance was $42,175. determine the cash receipts during June and show your calculation?

Reference no: EM13566460

Questions Cloud

Can health be measured at a population level or are : assignmentcan health be measured at a population level or are estimates that are produced no more than guesswork and
The most likely reason for allocating all corporate costs : the most likely reason for allocating all corporate costs to divisions include that divisions receive benefits from all
Is there evidence of diverging epidemiological transitions : assignmentis there evidence of diverging epidemiological transitions in different areas of the world? using the
Gabel industries has collected the following data in order : gabel industries has collected the following data in order to analyze the behavior of their costs jan 8750 units 40500
The cash account balance was 38750 during june cash : on june 1 the cash account balance was 38750. during june cash payments totaled 239140 and the june 30 balance was
Schism inc has a total debt ratio of 070 total debt of : schism inc. has a total debt ratio of 0.70 total debt of 265000 and net income of 24850. what is the companys return on
Sdi inc has net working capital of 1350 current : sdi inc. has net working capital of 1350 current liabilities of 4290 and inventory of 1820. what is the current ratio?
Is there evidence of diverging epidemiological transitions : population and health assignmenteach write-up should consist of no more than 2500 words plus graphs tables and short
Compare and contrast the while loop and the for loopyour : compare and contrast the while loop and the for loop.your discussion should identify the similarities differences

Reviews

Write a Review

Accounting Basics Questions & Answers

  Who are the stakeholders in this situation?

"Robert Turnbull, president of Turnbull Industries, wishes to issue a press release to bolster his company's image and maybe even its stock price, which has been gradually falling. As controller, you have been asked to provide a list of twenty financ..

  Z mart appropriately uses the installment sales method

Z-Mart appropriately uses the installment sales method of accounting for its installment sales. During 2009, Z-Mart made installments sales of $300,000 and received payments of $135,000 on those sales. Z-Mart's gross profit margin is 30%.

  Calculate the total amount of cash that would be paid to

the balance sheet caption for common stock iscommon stock no par value 7000000 shares authorized 4600000 shares issues

  Breakdown of the costs-machine hour level of activity

Assume that the total overhead costs above consist of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 60,000 machine-hour level of activity is:

  Weighted-average unit contribution margin

Determine the weighted-average unit contribution margin. Determine the break-even volume in units for each product. Determine the total number of units that must be sold to obtain a profit for the company of $234,000.

  Accounting for income taxes

In AT&Ts 2000 annual report, the company reported long-term deferred tax assets of $4,523,000,000 and current deferred tax assets of $1,791,000,000. What might contribute to AT&Ts need to record a valuation allowance?

  India imports bank statement contained a 525 nsf check

determine whether the following items in india imports bank reconciliation require adjusting or correcting entries on

  Compute the company current ratio

Compute the company's current ratio

  Assume the facts stated in the prior two questions what is

1. in 2013 rocio invested 30000 in a cattle-feeding partnership that used nonrecourse notes to purchase 100000

  Three rivers dental associates trda is a large dental

three rivers dental associates trda is a large dental practice in pittsburgh. the firms controller is preparing the

  Make the service revenue sales budget for 2012 by listing

garza and neely cpas are preparing their service revenue sales budget for the coming year 2012. the practice is divided

  Comply with promulgated gaap

When a CPA is associated with financial statements that do not comply with promulgated GAAP because the statements would be misleading without the departure, the CPA is not required to disclose

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!

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