Answer:
$178,000
Explanation:
<u>Cash received from customers:</u>
Sales on account 139,000
Beginning Account Receivable <u> 64,000 </u>
Total amount to be collected 203,000
Ending Account Receivable <u> (25,000) </u>
Received from customer 178,000
The beginning AR and the sales on account are all the cash we can collect for the period from our customer.
The ending AR is the amount not collected from. If we had collected all the ending account receivable should be zero. It has an ending balance, so some account weren't collected. We will subtract them from the total sales to be collected.
<em>The account payable: </em>Refers to debt form the firm to his suppliers. It has no relationship with the customer. Is irrelevant.
Answer:
Consider books you would like to have. Maybe you would not buy them for yourself, but you would love them as birthday presents. Think of restaurants you would like to visit on your birthday.Clothing could be a suitable birthday gift.Day passes to an amusement park could make a fun birthday gift. Tickets to an observatory can be a great gift for someone who enjoys astronomy. A hot air balloon ride might make the perfect birthday gift.
Hope this helped you!
Explanation:
Answer:
1) Colombians pay $ 12,696,000 per car.
2) Consumers now pay the price of $10,948,000 per car.
Explanation:
1) Given that Colombia imports cars from Australia, and the free market price is $ 9,200.00 per car, if the tariff on imports in Colombia is initially 38%, Colombians pay $ 12,696,000 per car.
This arises from the following calculation:
9,200.00 x 1.38 = X
12.696.00 = X
2) Since that as a result of the Uruguay Round, Colombia reduces its import tariffs to 19%. Assuming the price of cars is still $ 9,200.00 per car, consumers now pay the price of $10,948,000 per car.
This arises from the following calculation:
9,200,000 x 1.19 = X
10,948,000 = X
Rejected. As the damaged packaging, and lack of label, show it may have been opened and contaminated.
Answer:
reduce its cash account by $1875.
reduce its cash account by $410.
Explanation:
As for the information provided,
When we tally the cash balance with that of bank balance,
Outstanding checks which were already deducted in cash book will be added as yet outstanding and payment not made.
= + 3,025
Deposits in transit were already added in cash book, although yet not added to bank balance, thus deducted
= - 4,900
= +3,025 - 4,900 = - $1875
This means cash will be reduced by $1,875
Further NSF check is already added in cash but not yet added in bank = - $310
Further bank has deducted charges but in cash book not recorded thus it will be deducted now = - $100
= -$310 - $100 = - $410
