subject
Business, 03.09.2019 16:10 kristen17diaz

A. x co. had a $4,500 beginning balance in accounts receivable on january 1, year 4. during year 4, the company earned $69,400 of revenue on account and collected $68,200 cash from accounts receivable. based on this information alone, determine the amount of the ending balance in accounts receivable. b. x co. had a $3,400 ending balance in accounts receivable on december 31, year 4. during year 4, the company earned $62,200 of revenue on account and collected $63,100 cash from accounts receivable. based on this information alone, determine the amount of the beginning balance in accounts receivable. c. x co. had a $9,700 beginning balance in accounts receivable on january 1, year 4. during year 4, the company earned $99,700 of revenue on account. the ending balance in accounts receivable was $10,300. based on this information alone, determine the amount of cash collections from accounts receivable. d. x co. had a $22,000 beginning balance in accounts receivable on january 1, year 4. during year 4, the company collected $109,000 of revenue on account. the ending balance in accounts receivable was $21,300. based on this information alone, determine the amount of revenue earned on account.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:30
Before contacting the news or print media about your business, what must you come up with first ? a. a media expertb. a big budgetc. a track recordd. a story angle
Answers: 1
question
Business, 22.06.2019 02:50
Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest.extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of
Answers: 3
question
Business, 22.06.2019 09:50
phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
Answers: 3
question
Business, 22.06.2019 10:30
You meet that special person and get married. amazingly your spouse has exactly the same income you do 47,810. if your tax status is now married filing jointly what is your tax liability
Answers: 2
You know the right answer?
A. x co. had a $4,500 beginning balance in accounts receivable on january 1, year 4. during year 4,...
Questions
question
Mathematics, 09.03.2021 07:00
question
Mathematics, 09.03.2021 07:00
question
Arts, 09.03.2021 07:00
question
Mathematics, 09.03.2021 07:00
question
Geography, 09.03.2021 07:00
Questions on the website: 13722360