Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. entry 1: sale revenue for 25x7 is thb 1,800,000. b

Entry 1: Sale revenue for 25x7 is THB 1,800,000. Beginning and ending balance of accounts...

60.1K

Verified Solution

Question

Accounting

image

Entry 1: Sale revenue for 25x7 is THB 1,800,000. Beginning and ending balance of accounts receivable for 25x7 are THB 500,000 and THB 645,000 respectively. Calculate cash receipt from sale of inventories for 25x7. Entry 2: Revenue from rendering services for 25x7 is THB 715,000. The detail of unearned revenue and accrued revenue are as follows: Account Beginning Balance (25x7) Ending Balance (25x7) Unearned revenue Accrued revenue THB 32,000 THB 91,000 THB 59,000 THBO Calculate cash receipt from rendering services for 25x7

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Consider the following functions. f?(x) = x, f?(x) = x, f3(x) = 5x - 4x...

Calculus
Q

For the current year, Mary sojourned in Canada for 210 days. Also, for the current year,...

Accounting
Q

Those who engage in cross training may experience which of the following? Increased risk of injury Positive orthopedic...

Medical Sciences
Q

1 Write the equation of the circle in standard form Then identify the center radius...

Geometry
Q

The one-time fling! Have you ever purchased an article of clothing (dress, sports jacket, etc.),...

Statistics
Q

Scores for men on the verbal portion of the SAT I test are normally distributed...

Statistics
Q

Micheal Corp. had sales of $600,000 and operating expenses of $340,000. In addition, Micheal Corp....

Accounting
Q

Kessel Company purchased a building and land with a fair market value of $525,000 (building,...

Accounting
Q

Compute estimated ending inventory at cost using LIFO Retail Method

Accounting
Q

Turnbull Co. is considering a project that requires an initial investment of $1,708,000. The firm...

Finance
Q

A firm operating in perfect capital markets has a capital structure consisting of 10% debt...

Finance
Q

Prepare the operating activities section of the statement of cash flows using the indirect method....

Accounting