Accounts receivable Essays

  • The Importance Of Accounts Receivable

    773 Words  | 4 Pages

    According to the Small Business Encyclopedia accounts receivalbe is “the money due from all customers for merchandise or services delivered on credit.” On the balance sheet accounts receivable is shown as a short-term asset. Accounts receivable appears when the company bills the customer for the goods or services with the bill for not immediate, but for later payment. So, accounts receivable meaning is - the cash “to be received” and therefore accounts receivable has an impact on the cash flow of the

  • Acc 1010 Week 1 Financial Accounting Question Paper

    1242 Words  | 5 Pages

    Choice and True/False Statements (3 points each) Please answer the following questions. 1. If a company uses the allowance method to account for uncollectible accounts, the entry to write off an uncollectible account only involves balance sheet accounts.. a. True b. False 2. Allowance for Doubtful Accounts is debited under the direct write-off method when an account is determined to be uncollectible. a. True b. False 3. Employee payroll deductions include each of the following except a. federal

  • Logitech Case Study Solution

    705 Words  | 3 Pages

    sheet. Statement of financial position 2010 2009 Assets Total % of total assets Total % of total asset Current assets Cash and equivalents $319,944.00 20.00% $492,759.00 34.66% Short-term investments $1,637.00 0.12% Account receivable $195,247.00 12.21% $213,929.00 15.05% Inventories $219,593.00 13.73% $233,467.00 16.42% Other current assets $58,877.00 3.68% $56,884.00 4.00% Total current assets $793,661.00 49.61% $998,676.00 70.25% Property plant and equiptment $91,229.00

  • Medical Supply Company Case Study

    749 Words  | 3 Pages

    et al. Date Account Credited Post. Ref. Credit Card Expense DR Accounts Receivable CR Sales CR Sales Tax Payable CR Other Accounts CR A Cash Payments Journal or Cash Disbursement Journal (CPJ/CDJ) is used to record all the

  • Benefits Of Financial Auditing

    1256 Words  | 6 Pages

    1. Auditing can be defined as carrying out a formal financial investigation or examination of a firm and its financial statements. During the process of auditing the auditors will go through all of the company’s books and financial statements. He will analyze research and go through all the relevant financial records to ensure that they are accurate and whether taxes are being paid properly. 2. There are various benefits of the auditing process. The benefits of an audit include analyzing and

  • Thermodynamics: Problem Solving Problems

    1252 Words  | 6 Pages

    Name: __________________________ Rating: _____________ Course/ Yr. & Sec. ________________ Date: ______________ Instructor: _______________________ Exercise 2.3 SPECIAL ANGLES A. Find the numerical values of each expressions 1. Tan 30⁰ + cos 45⁰ 2. ( sin 60⁰ ) ² 3. 4 cos 45⁰ + ( tan 60⁰ + sec 45⁰) B. Find the degree measure of the acute angle x 4. Tan x = 1 5. Cot x = 3 6. Sin x = 3/2

  • Financial Socialization Definition

    1054 Words  | 5 Pages

    Individuals regularly name their guardians when they are asked from whom they took in their cash administration aptitudes (Danes, 1994; Kempson, Bryson, and Rowlingson, 1994). To date, the part of folks in monetary socialization has been researched as far as how they deal with the kid's pocket cash, whether remittances are given unequivocally or (incompletely) must be earned (Furnham, 2001; Miller and Yung, 1990), what the folks' thought processes in giving a recompense are (Danes, 1994; Feather

  • Is3350 Unit 4 Assignment

    674 Words  | 3 Pages

    Rule 1: A number that begins a sentence must be expressed in word form. When the number cannot be written in one or two words, however, change the word order of the sentence so that the number does not begin the sentence. This number rule takes precedence over all others. • Twenty-four people responded to our advertisement for an accountant. • One thousand and two hundred pounds of recycling was delivered to the secure shred event. Rule 2: Numbers one through ten used in a general way are written

  • Math 1280 Unit 4 Assignment

    1600 Words  | 7 Pages

    Written Assignment. ……………………. MATH 1280 Unit 4. Period of: 22 February 2018 The University of the People (UoPeople), AY-2017-2018. Hello Peers, Readers, and Assessors of this Written Assignment Documentation (WAD) For this tough and plenty assignment, I will be using this WAD to present my solution in a systematic and demonstrative approach. As recommended by the given instruction, each problem (paraphrased) will be followed by their respective answers. Some of the solutions may be supported with

  • Financial Coaching Summary

    1346 Words  | 6 Pages

    Dr. David Murphy asserts in Introduction to Financial Coaching, “A CFC is a Christ Follower who has been called to the special ministry of helping others develop the skills needed to make wise financial decisions, and to lead those facing financial burdens to a place of financial wholeness” (p. 3). Bill Russell came to this coach for an initial intake and to establish a fit for financial coaching. Bill is a twenty-eight-year-old, professional graphic/web designer a job he held for the last five years

  • Case Study Spooked By Computers

    1008 Words  | 5 Pages

    CASE STUDY REPORT # 2 HBO COVER PAGE Case Study Title: Spooked by Computers Name: Adela C. Prado Date of Submission: April 12, 2017 EXECUTIVE SUMMARY The Pasig Arts Patrol, a business that had five (5) full-time employees, including Ms Suzanne Espiritu, Executive Director, the Head of the Office and Mr Martin Abella, Office Coordinator. The business ran smoothly but hires as many as six part-time workers to augment the needed services specially month before Christmas. The amount of time

  • Mulberry's Accounting Policy Analysis

    715 Words  | 3 Pages

    Accounting Policy Compare and Contrast Although Marks and Spencer and Mulberry are all fashion industries under retail channels that follow the rules of IFRS for auditing. In order to identify their similarities and differences in their accounting policies, the following six categories are compared and contrasted: Lease In terms of the financial lease, both Mulberry and M&S stated in their first paragraph the definitions of financial lease as “transfer substantially all the risks and rewards of

  • The Lewandowski Compare And Contrast

    648 Words  | 3 Pages

    The Lewandowski’s are a family that lives in Monmouth Junction, New Jersey. There are 5 members in the Lewandowski’s and those people are as follows, Christian, 50; Addy, 49; Loyal, 16; Olivia, 15; Owen, 13. Christian works as an anesthesiologist and has an annual income of $357,273 and Addy works as a psychiatrist making an annual income of $182,700. Both of the parents are highly qualified for their jobs and are both extremely hard workers. Olivia and Loyal are both high schoolers both are sophomores

  • Advantages And Disadvantages Of Informal Communication

    1023 Words  | 5 Pages

    ‘The human spirit must prevail over technology’. – Albert Einstein With advancement of technology and popularity of applications like WhatsApp for communication at work place, many organizations face challenges in framing their communication related policies at work. While formal and hierarchical forms of communication are more authentic, it is the informal mediums of communication like WhatsApp that actually help in creating a bond between employees thereby having an impact on their productivity

  • The Tangram Temple Analysis

    740 Words  | 3 Pages

    07-10. Goethite #2. The tangram temple. When you look closely at a Goethite side view of its polyhedral structure, it curiously takes the shape of one of this well know Japanese triangle game called Tangram. Is there any connection between the two? Difficult to say but troubling coincidence all the same. 07-11. Goethite #3. Futurism dealt with a lot of curves and repetitive patterns. Could Geothite have been the secret inspiration of this artform? From prehistorical cave dwelling to the easel of

  • Zappos Value Chain Analysis

    962 Words  | 4 Pages

    The concept of the value chain first came into being when Michael Porter described it in his 1985 best selling novel “Competitive Advantage: Creating and Sustaining Superior Performance”. The value chain is a model that describes a series of value adding activities connecting a companies supply side with its demand side. The value chain model gives managers the opportunity to analyze and redesign their internal and external processes to improve the firms effeciency and effectiveness. The main objective

  • Colleen Karmichael Case Study

    276 Words  | 2 Pages

    I am responding to your request for an evaluation of Colleen Karmichael. Colleen was hired as a clerk-typist by Bay City Informative Systems on April 4, 2012 and was promoted to Administrative Assistant on August 1, 2013. At her review in June, I recommended that she be promoted again. She is an intelligent, young woman with good work habits’ and a good knowledge of computer software. As an Administrative Assistant, Colleen not only handles routine tasks such as processing time sheets, ordering supplies

  • Nt1330 Unit 5 Case Study Answers

    301 Words  | 2 Pages

    1. Check the back table for any measurement sheets that have been filled out. 2. Make sure the sheet is filled out correctly and has been initialed by the individual who measured the client. If it’s not filled out correctly do not record it! 3. You then add the inches lost for the measurement sheet onto the white board, making sure the measurements are taken in the current month. Eg. If it is Presently December, make sure the measurements have been taken in December by checking the date on

  • Invoiceless Payment System Case Study

    1241 Words  | 5 Pages

    Question 1 (i) (a) Creating an Invoiceless Payment System. (b) Deploying Information Technology (computers) to support the Business procedures (ii) (a) Invoiceless paying system An invoiceless Payment system is the process of paying supplier automatically upon receipt and validation of material that have been received in accordance with the terms of the contract but without requiring a supplier invoice. Taking Ford Motor Company 's invoiceless system, When a purchased item is received and

  • Pros And Cons Of Airline Scheduling

    2583 Words  | 11 Pages

    7. Airline Scheduling What are the factors that affect the scheduling process? Consider maintenance efficiency goals, flight operations factors and facility constraints Analyze the advantages and disadvantages of hub-and-spoke scheduling FORMAT: executive summary ¾ of page font size 12 1.5 spacing (not including content page) include pictures (if possible) in text citations conclusion recommendation Background Info - liting Advantages and disadvantages of airline scheduling - zhiyu Factors