from another company. Subtract $15‚000. The information in the fourth bullet point was handled correctly. No adjustment. $215‚000 - $44‚000 - $15‚000 = $156‚000. 4- A company has net sales of $900‚000 and average accounts receivable of $300‚000‚ What is its accounts receivable turnover for the period?
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Meridian Telescopes: Production Planning ACTG 2020 - Section S – Group 6 To: Cathy Kain‚ President of Meridian Re: Production Planning Overview Meridian has been manufacturing fine telescopes for 80 years and has developed a well-earned reputation for quality craftsmanship. The company itself produces and sells two distinct lines of telescopes‚ which are produced in its 200‚000 square feet facility. Furthermore‚ both lines have been developed to appeal to distinct target audiences
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Question 19. Dr Accounts Receivable Cr Dr Allowance for Uncollectibles Cr Jan 1. 82‚900 c. 4‚400 c. 4‚400 Jan 1. 8‚700 a. 240‚000 d. 231‚200 b. 4‚800 Dec 31. 87‚300 Dec 31. 9‚100 Dr Bad Debt Expense . Dr Sales Cr b. 4‚800 . a. 240‚000 Dec 31. 4‚800 Dec 31. 240‚000 Dr Cash Cr d.
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communicate to you the results and findings from our team’s assessment of the Accounts Receivable balances for Key West Company as of 20X1. Our team has already completed a thorough evaluation of the company’s internal control and we believe they are excellent. Therefore‚ the team has decided to use the Probability-proportionate-to-size sampling theory‚ (PPS). We have used PPS to find the evidence required to prove there has been no materially misstatement in Key West Company’s accounts receivable accounts
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Development‚ Industrial Planning Design‚ Implementation and Evaluation Professor: Dr. Elidio T. Acibar Reporter: Evelyn L. Embate Topic: Sampling SAMPLING Measuring a small portion of something and then making a general statement about the whole thing. Advantages of sampling Sampling makes possible the study of a large‚ heterogeneous population It is almost impossible to reach the whole population to be studied. Thus‚ sampling makes possible this kind of study because in sampling only a small portion
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Sampling is the use of a subset of the population to represent the whole population. Probability sampling‚ or random sampling‚ is a sampling technique in which the probability of getting any particular sample may be calculated. Nonprobability sampling does not meet this criterion and should be used with caution. Nonprobability sampling techniques cannot be used to infer from the sample to the general population. The advantage of nonprobability sampling is its lower cost compared to probability sampling
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A week before the holiday would start‚ we desided (my family and I) to spend the holidays at the Cape of Good Hope. Searching on the net‚ I found a lovely Cheep place to stay ‘near the beech’. When we all drove off the first sines of bad planning made its appearance at the first tollgate. Someone forgot to remember the cash and the crededcard‚ so everywhere we went we first had to write a check‚ and bank it‚ to get cash for the tollgate‚ petrol pumps and so forth. We arrived very late
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In Blood Meridian‚ Cormac McCarthy describes a lawless and godless group of men ordained to cleanse the West of lesser people. This group wanders through the West leaving a trail of slaughtered people in their trail. The emptiness and ruthlessness of their hearts is reflected in the harsh and unforgiving landscape. McCarthy uses reoccurring themes of war‚ religion‚ and dance to paint a graphic picture of the savageness of life in the West. As men ordained on a mission‚ Glanton’s Gang is paid
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“Deciding on a sampling procedure for a study on understanding teaching and learning relations for minority children in Botswana classrooms” Sampling is a very important statistical tool used by researchers to find accurate results that represents the complete attributes of population. Different types of sampling are used for different type of data. For example: probability sampling is used for quantitative data as attributes of such data can easily be generalized to population
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(Accounts Receivable‚ Inventory‚ Long-lived Assets‚ Bonds) 1. GNC has the following information regarding the inventory of its Super Mega‚ a multivitamins. Assume GNC uses periodic inventory system each quarter and FIFO. a. On July 1‚ GNC had 200 bottles of Super Mega in stock. Each bottle costs $3. b. On July 15‚ GNC purchased 5‚000 bottles of Super Mega for $25‚000 from a supplier‚ paid $10‚000 in cash and the rest was on credit. c. On August 15‚ GNC purchased another 1‚000 bottles of Super
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