Financial Accounting, Student Value Edi...12th EditionC. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr. Publisher: PEARSONISBN: 9780134833156
Financial Accounting, Student Value Edi...
Solutions for Financial Accounting, Student Value Edition Plus MyLab Accounting with Pearson eText -- Access Card Package (12th Edition)
Problem 1QC:
A doctor for the Benson Family Practice performs a sports physical exam for Allison Smythe on...Problem 2QC:
On March 15, Maxwell Plush sold and shipped merchandise on account for 6,000 to Kittson Amusement...Problem 4QC:
What is the financial impact on a company when a customer returns a product for a refund? a.Sales...Problem 6QC:
Which of the following statements is true? a. Credit sales increase receivables. b. Collections on...Problem 7QC:
Duncan Corporation began 2018 with a balance in Accounts Receivable of 500,000. Service revenue all...Problem 8QC:
Use the following information to answer questions 812. Accounts receivable 12/31/18 8,000 Allowance...Problem 9QC:
Jackson Company had the following information in 2018: Accounts receivable 12/31/18 8,000 Allowance...Problem 10QC:
If uncollectible accounts are determined by the aging-of-receivables to be 1,260, the...Problem 11QC:
Refer to Question 10. Using the aging-of-receivables method, the balance of the Allowance account...Problem 12QC:
Refer to Question 10. Using the aging-of-receivables method, the net realizable value of accounts...Problem 13QC:
Accounts Receivable has a debit balance of 2,500, and the Allowance for uncollectible Accounts has a...Problem 14QC:
Swan Corporation received a four-month, 8%, 1,650 note receivable on March 1. The adjusting entry on...Problem 15QC:
What is the maturity value of a 30,000, 12%, six-month note? a. 28,200 b. 33,600 c. 30,000 d. 31,800Problem 16QC:
If the adjusting entry to accrue interest on a note receivable is omitted, then a. liabilities are...Problem 17QC:
Net credit sales total 1,264,800. Beginning and ending accounts receivable are 38,000 and 43,600,...Problem 5.1S:
LO 1 (Learning Objective 1: Apply GAAP for proper revenue recognition) On December 23, 2018,...Problem 5.2S:
LO 1 (Learning Objective 1: Record a credit card sale) Maple Woodworking accepts credit cards at its...Problem 5.3S:
LO 1, 2 (Learning Objectives 1, 2: Apply GAAP for proper revenue recognition; account for sales...Problem 5.5S:
(Learning Objective 3: Account for sales discounts) Roswell Company purchases inventory from Clear...Problem 5.6S:
(Learning Objective 4: Account for accounts receivable) Perform the following accounting tasks for...Problem 5.7S:
LO 5 (Learning Objective 5: Evaluate collectibility using the allowance for uncollectible accounts)...Problem 5.8S:
LO 5 (Learning Objective 5: Evaluate collectibility using the allowance for uncollectible accounts)...Problem 5.9S:
LO 6 (Learning Objective 6: Account for notes receivable) 1.Compute the amount of interest during...Problem 5.10S:
LO 6 (Learning Objective 6: Account for notes receivable) On August 31, 2018, Betsy Totten borrowed...Problem 5.12S:
LO 7 (Learning Objective 7: Evaluate liquidity using the quick [acid-test] ratio and days sales in...Problem 5.13AE:
LO 1, 2 (Learning Objectives 1, 2: Apply GAAP for proper revenue recognition; account for sales...Problem 5.16AE:
LO 1, 2, 3 (Learning Objectives 1, 2, 3: Apply GAAP for sales, sales returns, and sales discounts)...Problem 5.17AE:
LO 4, 5 (Learning Objectives 4, 5; Account for accounts receivable and uncollectible accounts)...Problem 5.18AE:
LO 5 (Learning Objective 5: Apply GAAP for uncollectible receivables) At December 31, 2018, Waco...Problem 5.19AE:
LO 4, 5 (Learning Objectives 4, 5: Account for accounts receivable and uncollectible receivables) On...Problem 5.20AE:
LO 5 (Learning Objective 5: Apply GAAP to uncollectible receivables) At December 31, 2018, before...Problem 5.21AE:
LO 5 (Learning Objective 5: Apply GAAP to uncollectible accounts) Walnut Foods, Inc., experienced...Problem 5.22AE:
LO 6 (Learning Objective 6: Apply GAAP for notes receivable) Record the following note receivable...Problem 5.28BE:
LO 1, 2, 3 (Learning Objectives 1, 2, 3: Apply GAAP for sales, sales returns, and sales discounts)...Problem 5.29BE:
LO 4, 5 (Learning Objectives 4, 5: Account for accounts receivable and uncollectible accounts)...Problem 5.30BE:
LO 5 (Learning Objective 5: Apply GAAP for uncollectible receivables) At December 31, 2018, Concord...Problem 5.31BE:
LO 4, 5 (Learning Objectives 4, 5: Account for accounts receivable and uncollectible receivables) On...Problem 5.32BE:
LO 5 (Learning Objective 5: Apply GAAP to uncollectible receivables) At December 31, 2018, before...Problem 5.33BE:
LO 5 (Learning Objective 5: Apply GAAP to uncollectible accounts) Aspen Foods, Inc., experienced the...Problem 5.34BE:
LO 6 (Learning Objective 6: Apply GAAP for notes receivable) Record the following note receivable...Problem 5.37Q:
Fairmont Company has shipped goods to Willowbook Recreation FOB shipping point. Fairmont will...Problem 5.40Q:
On April 3, a customer returned 600 of merchandise that had been purchased with cash to Ryan...Problem 5.41Q:
Maple Grove Legal Association performs legal services for Weymouth Construction for 5,000 on account...Problem 5.42Q:
Under the allowance method for uncollectible receivables, the entry to record uncollectible-account...Problem 5.44Q:
Refer to Q5-43. The net receivables on the balance sheet as of December 31, 2018, are _____.Problem 5.48Q:
Questions 5-48 through 5-51 use the following data: On August 1, 2018, Avonette, Inc., sold...Problem 5.53Q:
A company with net credit sales of 960,000, beginning net receivables of 70,000, and ending net...Problem 5.54Q:
A company sells on credit terms of 2/10, n/30 and has days sales in accounts receivable of 30.2...Problem 5.55AP:
(Learning Objectives 1, 2: Apply GAAP for proper revenue recognition; account for sales returns and...Problem 5.56AP:
(Learning Objectives 1, 3: Apply GAAP for proper revenue recognition; account for sales discounts)...Problem 5.57AP:
(Learning Objectives 1, 4, 5, 6: Apply GAAP for revenue, receivables, collections, and...Problem 5.58AP:
(Learning Objective 5: Apply GAAP for uncollectible receivables) The September 30, 2019, records of...Problem 5.59AP:
(Learning Objectives 5, 7: Apply GAAP for uncollectible receivables; evaluate liquidity through...Problem 5.60AP:
(Learning Objective 6: Apply GAAP for notes receivable) Markley Foods completed The following...Problem 5.62AP:
(Learning Objectives 1, 2, 3, 4, 5: Apply GAAP for proper revenue recognition; account for sales...Problem 5.63BP:
(Learning Objectives 1, 2: Apply GAAP for proper revenue recognition; account for sales returns and...Problem 5.66BP:
(Learning Objective 5: Apply GAAP for uncollectible receivables) The September 30, 2019, records of...Problem 5.69BP:
(Learning Objectives 1, 7: Show how to speed up cash flow from receivables; evaluate liquidity using...Problem 5.70BP:
(Learning Objectives 1, 2, 3, 4, 5: Apply GAAP for proper revenue recognition; account for sales...Browse All Chapters of This Textbook
Chapter 1 - The Financial StatementsChapter 2 - Transaction AnalysisChapter 3 - Accrual Accounting And IncomeChapter 4 - Internal Control And CashChapter 5 - Receivables And RevenueChapter 6 - Inventory And Cost Of Goods SoldChapter 6A - Accounting For Inventory In The Periodic SystemChapter 7 - Plant Assets, Natural Resources, And IntangiblesChapter 8 - Current And Contingent LiabilitiesChapter 9 - Long-term Liabilities
Sample Solutions for this Textbook
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More Editions of This Book
Corresponding editions of this textbook are also available below:
Financial Accounting, 6/e
6th Edition
ISBN: 9788131719282
FINANCIAL ACCT >CUSTOM< PKG W/MYACCTLAB
3rd Edition
ISBN: 9781256710189
Financial Accounting (11th Edition)
11th Edition
ISBN: 9780134127620
Financial Accounting, Student Value Edition (11th Edition)
11th Edition
ISBN: 9780134065830
MyLab Accounting with Pearson eText - Access Card - for Financial Accounting
11th Edition
ISBN: 9780134160573
Financial Accounting, Student Value Edition Plus MyLab Accounting with Pearson eText - Access Card Package (11th Edition)
11th Edition
ISBN: 9780134417363
Financial Accounting (11th Edition)
11th Edition
ISBN: 9780134065939
Financial Accounting Plus MyLab Accounting with Pearson eText - Access Card Package (11th Edition)
11th Edition
ISBN: 9780134436135
EBK FINANCIAL ACCOUNTING
11th Edition
ISBN: 8220101472007
Financial Accounting
4th Edition
ISBN: 9780536669728
Financial Accounting
4th Edition
ISBN: 9780130188526
Financial Accounting
1st Edition
ISBN: 9781269944700
Financial Accounting, Second Canadian Edition
2nd Edition
ISBN: 9780131879294
Financial Accounting (12th Edition) (What's New in Accounting)
12th Edition
ISBN: 9780134725987
Financial Accounting (12th Edition) (What's New in Accounting)
9th Edition
ISBN: 9780134726656
Financial Accounting Plus MyLab Accounting with Pearson eText -- Access Card Package (12th Edition)
12th Edition
ISBN: 9780134833132
Financial Accounting, Student Value Edition (12th Edition)
12th Edition
ISBN: 9780134727066
MyLab Accounting with Pearson eText -- Access Card -- for Financial Accounting
12th Edition
ISBN: 9780134727677
FINANCIAL ACCTNG (W/MYACCTGLAB) >IC<
17th Edition
ISBN: 9781323470923
EBK FINANCIAL ACCOUNTING
13th Edition
ISBN: 9780136898894
Financial Accounting
7th Edition
ISBN: 9780136129349
Financial Accounting
10th Edition
ISBN: 9780133427844
Financial Accounting, Student Value Edition Plus NEW MyAccountingLab with Pearson eText -- Access Card Package (10th Edition)
10th Edition
ISBN: 9780133805451
Financial Accounting
10th Edition
ISBN: 9780133768770
Financial Accounting, 10th Edition
10th Edition
ISBN: 9780133427530
ENTREPRENEURIAL FIN. CUSTOM W/ACCESS..
15th Edition
ISBN: 9781269838047
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