Show the amount of fees earned, Accounting Basics

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Show the amount of fees earned

Intructions: Show the amount of fees earned by Dr. Tran during 2012.

Dr. Tran, a sugeon, keeps her accounting records on the cash basis. In 2012, Dr. Tran collected $660,000 in fees from her patients. On December 31, 2011, the good doctor had accounts receivable of $68,000 and unearned fees of $4,000. At December 31, 2012, she had accounts receivable of $50,000 and unearned fees of $6,000.

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Accounting Basics: Show the amount of fees earned

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Intructions: Show the amount of fees earned by Dr. Tran during 2012. Dr. Tran, a sugeon, keeps her accounting records on the cash basis. In 2012, Dr. Tran collected $660,000 in fees from her patients.

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Accounting Basics: Show the amount of fees earned

Reference No:- TGS054019

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Problem on percentage of completion method

Q : Computing minimum lease payments

Q : Explain the lifo effect

Q : Compute the amount of the preferred dividends

Q : Show the amount of fees earned

Q : Find the relevant profit from the alternative

Q : What is the payback period for the new machine

Q : What was the purchase price of the machine

Q : What is the approximate accounting rate of return

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Show the amount of fees earned

Reference No:- TGS054019

Recent Questions Asked Accounting Basics

Q : Problem on percentage of completion method

Q : Computing minimum lease payments

Q : Explain the lifo effect

Q : Compute the amount of the preferred dividends

Q : Show the amount of fees earned

Q : Find the relevant profit from the alternative

Q : What is the payback period for the new machine

Q : What was the purchase price of the machine

Q : What is the approximate accounting rate of return

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