sales of $183,000 $158,000 on account $25,000 for cash ignore cost of goods

Appendix 2 Cash received from customersdirect method Sales reported on the income statement were 225,000. The accounts receivable balance decreased 14,300 over the year. Determine the amount of cash received from customers.

Entry for cash sales; cash over The actual cash received from cash sales was 315,280, and the amount indicated by the cash register total was 315,150. Journalize the entry to record the cash receipts and cash sales.

Smoltz Company reported the following information for the current year: cost of goods sold, $252,500; increase in inventory, $21,700; and increase in accounts payable, $12,200. What is the amount of cash paid to suppliers that Smoltz would report on its statement of cash flows under the direct method? a. $218,600 c. $262,000 b. $243,000 d. $286,400

Cash payments for merchandisedirect method The cost of merchandise sold reported on the income statement was 770,000. The accounts payable balance decreased 44,000, and the inventory balance decreased by 66,000 over the year. Determine the amount of cash paid for merchandise.

Accounts Receivable Balance Rays beginning and ending accounts receivables balances are $147,990 and $142,720, respectively. Rays sold $3,745,060 of merchandise, of which 50% was on credit. Required: Determine the amount of cash collections for the period.

Sales of $ 183,000 $ 158,000 on​ account $ 25,000for​ cash Ignore Cost of Goods SoldCollections on​ account $ 124,000​Write-offs of uncollectible​ receivables $ 2,500post mountaintop,s transaction to the accounts receivable and allowance for bad debts t accountenter the beginning balances and the journal entries, and then computer the unadjusted balance of each account

Cash Payments for Merchandise—Direct Method The cost of goods sold reported on the income statement was $185,000. The accounts payable balance increased $8,000, and the inventory balance increased by $11,100 over the year. Determine the amount of cash paid for merchandise.$

47. Which of the following item do not affect the Cash account? a. Purchases of P10,000 b. Sales of P5,000 c. Received cash for service rendered P2,000 d. Credit sales of P22,000

9. Bane Company reported P210,000 in sales. Its opening accounts receivable balance was P45,000 and its ending accounts receivable balance was P50,000. The company also reported P20,000 unearned revenues at the end of the year. What was the amount of cash collected from customers for the year? Group of answer choices 210,000 205,000 215,000 225,000