What was the beginning balance of accounts receivable

Assignment Help Accounting Basics
Reference no: EM132654021

Problem - The ending balance of the Accounts Receivable account was $12,000. Services billed to customers for the period were $21,500, and collections on account from customers were $23,600. What was the beginning balance of Accounts Receivable?

a) $33,500

b) $14,100

c) $9,900

d) $33,100

Reference no: EM132654021

Questions Cloud

Research variety of enumeration tools available : Research the variety of enumeration tools available. Select one tool and explain what it does, how it works and what type of information it extracts
How to identify the advertisement : Identify the advertisement and explain why this is an advertisement. If you work in pairs, state what portion of the work you accomplished
Research example of cyber terrorism : Using the Web or other resources, research an example of Cyber Terrorism.
What type of chlorophyll is in chlamydomonas : 1. What type of chlorophyll is in Chlamydomonas? 2. What does Chlamydomonas use to move?
What was the beginning balance of accounts receivable : The ending balance of the Accounts Receivable account was $12,000. What was the beginning balance of Accounts Receivable
How are daughter colonies produced : 1. How are daughter colonies produced? 2. What is oogamy? 3. What are the tiny spheres inside the larger sphere of Volvox?
Scotiabank-kabbage partnership : What are the success factors in the Scotiabank-Kabbage partnership? Under what circumstances should Scotiabank seek fintech partnerships?
Similarities between gas exchange and emphysema : What are similarities between Gas exchange and Emphysema?
What organelles are found of the bacterial cells : What organelles are found in each of the bacterial cells?

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.

  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!

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