Middleton Inc. had sales revenue of $805,000 during 2014. Accounts receivable at the beginning of the year
Question:
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
Sales 805000 Less ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
Question Posted:
Students also viewed these Accounting questions
-
Compute how much cash was collected from customers during the year. Use the following information for Practices 21-1 through 21-3. The company provides the following information: (a) All purchases of...
-
Compute how much cash was collected from customers during the year. (a) All purchases of inventory were on account. (b) Sales for the year were $947,900. (c) Cost of goods sold for the year...
-
The balance in Accounts Receivable at the beginning of the period amounted to $1,600. During the period $6,400 of credit sales were made to customers. If the ending balance in Accounts Receivable...
-
Suppose the money supply is $250 million dollars and the demand for money is given by Qm D = 400 - 40i, where Qm D is in millions of dollars. A. What is the equilibrium interest rate in this economy?...
-
Suppose the derivative of a function f is f'(x) = (x + 1)2 (x - 3)5 (x - 6)4. On what interval is increasing?
-
You have just been hired as the director of operations for Reid Chocolates, a purveyor of exceptionally fine candies. Reid Chocolates has two kitchen layouts under consideration for its recipe making...
-
Develop a structured and an unstructured questionnaire to measure the importance of online retail shopping for working mothers. Distribute a copy of each to 10 different individuals and compare your...
-
Amy Gargulo and Paula Frisken operated as a partnership Kiddies Korner, an infants' and children's clothing store. They operated the business very successfully for three years, with both Paula and...
-
During the month of January, Learnstream Company conducted the following transactions: Jan 1 Jan 2 Jan 5 Jan 17 Jan 20 Customers purchased $1,200 in gift cards. Sold merchandise for $8,600 cash plus...
-
Metrobank offers one-year loans with a 9 percent stated or base rate, charges a 0.25 percent loan origination fee, imposes a 10 percent compensating balance requirement, and must hold a 6 percent...
-
Use the following information to prepare a statement of cash flows for the year ended October 31, 2014, using the indirectmethod. Oma Inc. Comparative Balance Sheet Informationn Oma Inc. Income...
-
Daum Inc. collected $737,000 cash from customers during 2014. If beginning accounts receivable were $41,000 and credit sales totaled $705,000, what was the balance in ending accounts receivable?
-
Mr. and Mrs. Snell own and live in a house, with an adjusted basis of $300,000, that was purchased in 1998. The house is destroyed by a tornado on March 10 of the current year, and the Snells receive...
-
What is the difference between actual results and budgeted? Explain in details.
-
A 32-year-old woman attends the Genito-urinary Medicine (GUM) Clinic. She is concerned about vaginal discharge with an unpleasant smell. She has noticed these symptoms for the past 3 weeks and has...
-
Month Maintenance Costs Machine Hours Health Insurance Number of Employees Shipping Costs Units Shipped January $ 4 , 5 1 0 1 7 0 $ 8 , 5 7 0 6 3 $ 2 8 , 2 4 0 7 , 0 6 0 February $ 4 , 4 7 3 1 1 0 $...
-
GUSAC is the annual cultural festival and is the most anticipated cultural festival of Maharastra. Started in 2015, GUSAC '21 is the sixth edition. Why do you want to be part of this team? What...
-
A 42-year-old man presents to the Emergency Department with a 2 hour history of sudden loss of vision in his left eye. He had a past history of hypertension but was otherwise well. A sexual history...
-
LinkedIn is the acknowledged No. 1 site for job seekers and recruiters. It's free and easy to join. Even if you are not in the job market yet, becoming familiar with LinkedIn can open your eyes to...
-
A bar of a steel alloy that exhibits the stress-strain behavior shown in Figure 6.22 is subjected to a tensile load; the specimen is 375 mm (14.8 in.) long and has a square cross section 5.5 mm (0.22...
-
Linda Miller rented 35 acres of pastureland in Wabaunsee County, Kansas, from William Burnett for $1,000 per year. Miller and her husband used the land to grow and harvest brome grass for their...
-
What are the general rules for measuring and recognizing gain or loss by a debt extinguishment with modification?
-
On January 1, 2012, JWS Corporation issued $600,000 of 7% bonds, due in 10 years. The bonds were issued for $559,224, and pay interest each July 1 and January 1. Prepare the companys journal entries...
-
Assume the bonds in IFRS14-3 were issued for $644,636 and the effectiveinterest rate is 6%. Prepare the companys journal entries for (a) The January 1 issuance, (b) The July 1 interest payment, and...
-
A 7 5 kg cliff - diver is falls from a height through the air head, diving towards the water. The drag coefficient for the diver is 0 . 8 3 and the area of the descending diver is 0 . 2 1 m ^ 2 ....
-
In the automobile industry, the dimensionless drag coefficient and the area of the vehicle are often combined into one variable - the drag area whereby the drag area is the product of the...
-
When you drop 10 pebbles into the well, you record the times for hearing the splash as 2.94 s, 3.11 s, 3.12 s, 2.97 s, 3.12 s, 2.97 s, 3.06 s, 3.21 s, 3.37 s, and 3.53 s. (a) Find the average time...
Study smarter with the SolutionInn App