Trade receivables owe, Accounting Basics

Assignment Help:

Read it once and answer, if The following items appear on a balance sheet.

 

$

 

Inventory

balance at bank

cash in hand

trade payables

provision for doubtful debts

20 000

2 000

1 500

11 000

500

The current ratio is 3: 1.

How much do the trade receivables owe?

A. $9 500

 B. $10 000

 C. $12 000 

D. $12 500


Related Discussions:- Trade receivables owe

Ledger, on 1st july,2008,machinery purchased rs10,000 for cash from bhim.gi...

on 1st july,2008,machinery purchased rs10,000 for cash from bhim.give journal entry and prepare ledger accounts.

2 questions, WHERE DO I START? I have two questions QUESTION1 On March 31,...

WHERE DO I START? I have two questions QUESTION1 On March 31, 2010, our company, Harry Yolo, purchased a 100,000. 8% 10-year bond for 102 from Fish Gimp, due in 6 years & 8 months

Different depreciation methods, Different Methods Of depreciation Dimini...

Different Methods Of depreciation Diminishing Value Method Straight Line Method Annuity Method Depletion Method Written Down value Method

Cost, how much is it to get a tutor, per hour or package? i am in an mba pr...

how much is it to get a tutor, per hour or package? i am in an mba program now

Ledger, basic problems about ledger

basic problems about ledger

Show money measurement, Accountants frequently cite the going-concern assum...

Accountants frequently cite the going-concern assumption to justify using historical costs rather than market values in measuring assets. Market values are of less implication to a

Location based commerce, .1  INTRODUCTION The world keeps developing new w...

.1  INTRODUCTION The world keeps developing new ways and technologies to help do things and achieve a timeline shorter compared to the way it previously used to be done. New techn

Determine the types of credit card sales, Determine the types of Credit car...

Determine the types of Credit card sales Bank Credit Card Sales - Most retail businesses accept bank credit cards. Treated as a CASH sale. Recording Bank Credit Card Sale

Write Your Message!

Captcha
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