Business, 12.08.2019 16:20 ithebrainliest
Carter lumber sells lumber and general building supplies to building contractors in a medium-sized town in montana. data regarding the store's operations follow: o sales are budgeted at $412,000 for november, $422,000 for december, and $432,000 for january. o collections are expected to be 70% in the month of sale, 27% in the month following the sale, and 3% uncollectible. o the cost of goods sold is 70% of sales. o the company desires to have an ending merchandise inventory equal to 80% of the following month's cost of goods sold. payment for merchandise is made in the month following the purchase. o other monthly expenses to be paid in cash are $22,500. o monthly depreciation is $28,900. o ignore taxes. balance sheet october 31 assets cash $ 20,300 accounts receivable, net of allowance for uncollectible accounts 102,600 inventory 210,000 property, plant and equipment, net of $513,000 accumulated depreciation 1,026,000 total assets $1,358,900 liabilities and stockholders' equity accounts payable $ 305,000 common stock 780,000 retained earnings 273,900 total liabilities and stockholders' equity $1,358,900 the accounts receivable balance, net of uncollectible accounts, at the end of december would be
Answers: 2
Business, 22.06.2019 14:50, keishadawson
The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?
Answers: 1
Business, 22.06.2019 23:00, tmcdowell69
Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation
Answers: 1
Carter lumber sells lumber and general building supplies to building contractors in a medium-sized t...
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