Accounts receivable Essays

Sort By:
  • Good Essays

    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

    • 773 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    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

    • 705 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    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

    • 749 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    and staff allocation are re-evaluated quarterly, and updated as necessary. This has proven not only successful in DM Medical servicing our clients with consistent quality, expeditious claim filing and appeals, but also ensures that our client’s accounts have the dedicated staff that their services warrants, and deserves. Management will then set a cash benchmark or cash projection for the client. This projection is based on Payer Mix, City resident demographics, call volume, and trip level of

    • 1204 Words
    • 5 Pages
    Better Essays
  • Good Essays

    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

    • 1242 Words
    • 5 Pages
    Good Essays
  • Good Essays

    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

    • 1256 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    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

    • 1252 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    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

    • 1054 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    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

    • 674 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    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

    • 740 Words
    • 3 Pages
    Good Essays
  • Good Essays

    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

    • 962 Words
    • 4 Pages
    Good Essays
  • Good Essays

    ‘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

    • 1023 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    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

    • 276 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    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

    • 301 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Towania Mims BUL3310 Discussion 5 1. What principles apply to attribute liability between these parties? The principles that apply to attributing liability in this case focus on long-standing practices wherein any blank-endorsed cashier check, such as those cashed by the employee in this particular case are applicable under the UCC when a bank exchanges money over to the party that is given to a person that is unlawfully in possession of these checks or instruments, the holder or company that holds

    • 285 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Nez Perce Treaty

    • 622 Words
    • 3 Pages

    Other treaty promises were also broken. The Nez Perce were promised $200,000 to be paid in scheduled annuities by the 1855 treaty. Congress later reduced this amount to a mere $40,000. None of this was received by the Nez Perce until 1862, when a small first payment of $6,396 was finally paid. There is no record of other payments received, so that may be the total amount for all the millions of acres of ancestral lands relinquished to the U.S. government by the Nez Perce. In 1862, the U.S. military

    • 622 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    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

    • 2583 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    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

    • 1241 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Nt1330 Unit 4 Assignment

    • 310 Words
    • 2 Pages

    multiple queue approach was used as lecture note of last week saying. But in real world, such as queue in bank, some bank (such as HSBC) give different priority of queue (for example, priority queue and normal queue), customers having priority bank account was served first. It also applied to aviation industry. However, some bank use single queue system such as first come first serve based (e.g. community bank).

    • 310 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Wgu Audit Task

    • 529 Words
    • 3 Pages

    Clients must keep records and books of accounts including cash book, sales ledger, purchases ledger and general ledger. Supporting documents such as invoices, bank statements, pay-in slips, cheque butts, and receipts for payments, payroll records and copies of receipts issued should be retained. A valuation of the stock in trade should be made at the end of the accounting period and the appropriate records maintained. Company should record sufficient to explain each transaction and to enable a true

    • 529 Words
    • 3 Pages
    Satisfactory Essays