How the information is presented on the financial statement, Accounting Basics

+44 141 628 6080
[email protected]

How the information is presented on the financial statement

The bookkeeper of vitial inc has asked to assist him with preparation of financial information about the company's trade receivables for presentation in the statement of financial position at december 31 2015, the end of the company's fiscal year.

Trade receivable jan 2015 500,00

allowance for doubtful accounts jan 2015 25,00

1) Determine the balance of trade receivable ?

2) Vital estimate 6% wont be collected, prepare ournal entry /?

3) How the information is presented on the financial statement?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How the information is presented on the financial statement

Reference No:- TGS0696545

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Change in the sound level in decibels

What will be the change in the sound level in decibels and will this change be an increase or decrease?

Q : Discuss the standard cost card for the meal

According to the standards, what direct labor cost should have been incurred to prepare 7,200 meals? How much does this differ from the actual direct labor cost? (Round labor-hours per meal and labor cost per hour to 2 decimal places.)

Q : How much interest expense should be accrued at december

On November 1, 2014, EZ Products borrowed $48,000 on a 5%, 10-year note with annual installment payments of $4,800 plus interest due on November 1 of each succeeding year.

Q : How executives-board members work together to share vision

Summarize your findings on how executives and board members can work together to share a common vision within their organizations.

Q : How the information is presented on the financial statement

Q : What would be the net amount of the liability

Myriad Solutions, Inc., issued 10% bonds, dated January 1, with a face amount of $320 million on January 1, 2013 for $283,294,720. The bonds mature on December 31, 2022 (10 years).

Q : The journal entries for the first coupon payment

A company issued 10-year bonds with a par value of $20,000,000 and an 8% annual face on January 1, 2014. The market rate on similar bonds is 9%. The coupon payments are paid out semi-annually.

Q : Equal payments at the end

American Food Services, Inc., acquired a packaging machine from Barton and Barton Corporation. Barton and Barton completed construction of the machine on January 1, 2013.

Q : To which product heroin hydrolyzes first in vitro and vivo

What are the acidic pKa values of the respective hydroxyl products? Look up the structures on the internet or use the UF library online e-journals.

1945418

Questions
Asked

3,689

Active Tutors

1452294

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How the information is presented on the financial statement

Reference No:- TGS0696545

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Change in the sound level in decibels

Q : Discuss the standard cost card for the meal

Q : How much interest expense should be accrued at december

Q : How executives-board members work together to share vision

Q : How the information is presented on the financial statement

Q : What would be the net amount of the liability

Q : The journal entries for the first coupon payment

Q : Equal payments at the end

Q : To which product heroin hydrolyzes first in vitro and vivo

How does instagram shape the ways we see our bodies

Areas mentioned specifically as wanting to join the eeu

Patient tokala insists that he never dreams

Compare independent variables, dependent variables

Comment on parenthetical style

What when a counselor asks a client to pretend to interview

How children have an innate resilience

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How the information is presented on the financial statement

Reference No:- TGS0696545

Recent Questions Asked Accounting Basics

Q : Change in the sound level in decibels

Q : Discuss the standard cost card for the meal

Q : How much interest expense should be accrued at december

Q : How executives-board members work together to share vision

Q : How the information is presented on the financial statement

Q : What would be the net amount of the liability

Q : The journal entries for the first coupon payment

Q : Equal payments at the end

Q : To which product heroin hydrolyzes first in vitro and vivo

Asked Questions