2-3 Use the information in each of the following separate cases to calculate the unknown amount: a. During October‚ Shandra Company had $97‚500 of cash receipts and $101‚250 of cash disbursements. The October 31 Cash balance was $16‚800. Determine how much cash the company had at the close of business on September 30. b. On September 30‚ Li Ming Co. had a $97‚500 balance in Accounts Receivable. During October‚ the company collected $88‚950 from its credit customers. The October 31 balance in
Premium Accounts receivable Accounting software Invoice
question and the tricks to solve the question. INTRODUCTION a. b. c. d. e. It is very essential on the part of a teacher to develop a conceptual clarity in children about profit and loss. This module will help in dealing children at primary level with example. This module is benefited to the teacher as well as student. It helps to understand the market value of the product. Children learn better from their practice & develop confidence Profit and loss is the branch of basic mathematics
Premium Marketing Mathematics Sales
quick ratio was decreased in 2012 to 5‚02 times and 2‚66 time but the business still be able to pay its debt‚ there is a problem with account receivable because the business still difficult to collect the money from debtor which caused the percentage still increasing and it hard for business to freeing inventory The business is considered good‚ because low amount of debt‚ the increasing in time interest earned that help the business to pay off its interest and debt‚ the asset turnover is improved
Premium Balance sheet Financial ratios Financial ratio
A01 Profit and loss account: A profit and loss account calculates the amount of gross and net profit that a business takes on an annual basis; it also outlines the loss which has occurred through the business‚ through necessary overheads. There are many aspects included within a profit and loss account‚ all of which I am going to briefly explain. It is important to have a profit and loss account within a business to enforce correct usage of the money. The company will be able to see where the business
Premium Generally Accepted Accounting Principles
It is a layer of well-defined flat cells‚ which have their own nucleus and also granules and contains a substance called keratohyalin‚ which later becomes keratin. The next layer of the epidermis is stratum spinosum ‚ which is the first and largest layer of the germinal zone of epidermis. It is made up of prickle cells having prickle-like appearance. The
Free Epidermis Skin
LIST OF TOOLS and EQUIPMENT USED * These include: * Brooding bulbs * Gas brooder * Core paper * Barrow * Shovel * Rake * Hay fork * Bucket * Blow torch * Knap stack sprayer * Table spoon/ measuring spoon * Fan * Tube feeder * Tractor tailor * Plasson water * Waterer * Push broom * Overall * Respirator * Gloves * Goggles * Drum * Cheese tin * Fogger system * Gas cylinder * Matches * Medicine
Premium Chicken Bird
Changing a Colostomy Mrs X is one of our youngest residents aged 66. She has been in the care home for over 10 years after suffering a brain haemorrhage which affected her mobility and ability to communicate. She requires a substantial amount of care at all times as a result of this. Mrs X also developed problems with her bowel which resulted in her being given a colostomy bag. Generally Mrs X bag requires changing one to two times per day. My mentor asked if I would assist her to change Mrs
Premium Colostomy
Mahatma Gandhi‚ honored the factory with a visit. He was “delighted to visit this Indian enterprise"‚ he noted later. From the time Cipla came to the aid of the nation gasping for essential medicines during the Second World War‚ the company has been among the leaders in the pharmaceutical industry in India. Dr Yusuf Hamied‚ the founder’s son‚ returned with a doctorate in chemistry from Cambridge and joined Cipla as an officer in charge of research and development in 1960. In the year of 1989 he took
Premium Pharmacology Pharmaceutical drug
Requirement: Compute the amount of allowance for uncollectible accounts to be reported in the balance sheet of V company: Estimated Uncollected Accounts Details Total Amount ($) Percentage Considered Uncollectible (%) Allowance for Doubtful Debts Accounts ($) A B C D 0 – 30 Days Past Due 60‚000 5% 3‚000 31 – 60 Days Past Due 4‚000 10% 400 Over 60 Days Past 2‚000 70% 1‚400 Total 66‚000 4‚800 Therefore‚ the amount of allowance for uncollectible accounts to be reported in the balance sheet of V Company
Premium Generally Accepted Accounting Principles Balance sheet Revenue
chapter 1 accounting information systems: An overview Suggested Answers to Discussion Questions 1.1 The value of information is the difference between the benefits realized from using that information and the costs of producing it. Would you‚ or any organization‚ ever produce information if its expected costs exceeded its benefits? If so‚ provide some examples. If not‚ why not? Most organizations produce information only if its value exceeds its cost. However‚ there are two situations
Premium Accounts receivable Mobile phone Balance sheet