For each of the three independent situations determine the amount of cash received from the customers and prepare journal entries that summarize the selling and collection activities for the reporting period. All dollars are in millions. Complete this question by entering your answers in the tabs below. Cash Recd General from Cust Journal Determine the amount of cash received from the customers. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Sales Accounts Receivable Cash Received from Situation Revenue Increase (Decrease) Customers 170 2 170 23 170 (23) Cash Recd from Cust General Journal >

For each of the three independent situations determine the amount of cash received from the customers and prepare journal entries that summarize the selling and collection activities for the reporting period. All dollars are in millions. Complete this question by entering your answers in the tabs below. Cash Recd General from Cust Journal Determine the amount of cash received from the customers. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Sales Accounts Receivable Cash Received from Situation Revenue Increase (Decrease) Customers 170 2 170 23 170 (23) Cash Recd from Cust General Journal >

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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The actual cash received from cash sales was $30,378 and the amount indicated by the cash register total was $30,413. Journalize the entry to record the cash receipts and cash sales. For a compound transaction, if an amount box does not require an entry, leave it blank.
Subject:
Entry for Cash Sales; Cash Over The actual cash received from cash sales was $14,953 and the amount indicated by the cash register total was $14,922. Journalize the entry to record the cash receipts and cash sales. If an amount box does not require an entry, leave it blank. 00
show how the accounts related to the preceding sale and collection activities shoukd be reported on the current year income statement PLEASE DO NOT ANSWER IMAGE FORMET
Use the following excerpts from Brownstone Company's financial statements and complete the worksheet below to determine cash received from customers in 2018. From Balance Sheets Accounts Receivable Dec. 31, 2018 $ 25,000 Dec. 31, 2017 $20,000 2018 220,000 From Income Statement: Sales PLEASE NOTE: You are to follow the format shown in the textbook. Cash Collected from Sales Revenue [ Select ] [ Select ] [ Select ] [ Select ] [ Select ] [ Select ] [ Select ] [ Select ] [ Select ] [ Select ]
Answer full question.
Subject: acounting
Accounting Question
Please help me
Subject - account Please help me. Thankyou
Organa Corp's T-account for cash, along with its beginning balance is presented below. The tran journal entries from the previous questions are shown below. Post the portions of the transact account below. If a transaction doesn't affect cash select N/A for both debits and credits colun cash select the appropriate amount in the appropriate column and N/A for the other column. 1. Organa Corp purchases $4,000 in supplies on account. 2. Organa Corp issues common stock in exchange for $52,200 cash. 3. Organa Corp pays $15,800 cash for rent in advance for the following 3 months. 4. Organa Corp used up $29,900 worth of supplies during the period. 5. Organa Corp pays its suppliers $16,400 for supplies purchased during the prior period Debits Credits Beginning Balance Transaction #1 Transaction #2 Transaction #3 Transaction #4 $81,600 #5 Ending Balance N/A $52,200 N/A Transaction N/A N/A $101,600 $4,000 N/A N/A N/A N/A
The actual cash received from cash sales was $14,953 and the amount indicated by the cash register total was $14,922. Journalize the entry to record the cash receipts and cash sales, I an amount box does not require an entry, leave it blank.

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