Homework Answers
Cash collected from clients in Year 2 = Beginning balance of
account receivables in Year 2 + Consulting revenues - Ending
balance of account receivables in Year 2
= $33 + $162 - $29
= $166
Add Answer to:
26
This fact pattern provides information for Q#26 and Q#27. Consulting Revenues in Year 2 were...
27 This fact pattern provides information for Q#26 and Q#27. Consulting Revenues in Year 2 were...
27
This fact pattern provides information for Q#26 and Q#27. Consulting Revenues in Year 2 were $162. Consulting Accounts Receivable at Dec. 31 in Years 1, 2 and 3, respectively were: $33, $29 and $34, respectively. Cash collected from clients in Year 3 was $142. Enter positive values without signs, without '' signs and without commas. Click Save and Submit to save and submit. Click Save All Answers to save all answers 2 20 Fid # $ 4 % 5...
29 This fact pattern provides information for Q#28 and Q#29. Rent Revenues in Year 3 were...
29
This fact pattern provides information for Q#28 and Q#29. Rent Revenues in Year 3 were $57. Rent Receivable at Dec 31 in Years 1, 2 and 3, respectively were: $8, $3 and ?, respectively. Unearned Rent Revenue in Years 1, 2 and 3, respectively were: $9, $11 and $8. Cash collected from tenants in Year 2 and 3, respectively were $49 and $43. Enter positive values without + signs, without 's' signs and without commas. Click Save and Submit...
#29 1 QUESTION 28 This fact pattern provides information for Q#28 and Q#29. Rent Revenues in...
#29
1 QUESTION 28 This fact pattern provides information for Q#28 and Q#29. Rent Revenues in Year 3 were $57. Rent Receivable at Dec. 31 in Years 1, 2 and 3, respectively were: $8, $3 and ?, respectively. Unearned Rent Revenue in Years 1, 2 and 3, respectively were: $9, $11 and $8. Cash collected from tenants in Year 2 and 3, respectively were $49 and 543. Enter positive values without '+' signs, without 's' signs and without commas. Q#28....
28 1 QUESTION 28 This fact pattern provides information for Q#28 and Q#29. Rent Revenues in...
28
1 QUESTION 28 This fact pattern provides information for Q#28 and Q#29. Rent Revenues in Year 3 were $57. Rent Receivable at Dec. 31 in Years 1, 2 and 3, respectively were: $8, $3 and ?, respectively. Unearned Rent Revenue in Years 1, 2 and 3, respectively were: $9, $11 and $8. Cash collected from tenants in Year 2 and 3, respectively were $49 and 543. Enter positive values without '+' signs, without 's' signs and without commas. Q#28....
30 QUESTION 30 This fact pattern provides information for Q#30 and Q#31. Salaries Expense for Year...
30
QUESTION 30 This fact pattern provides information for Q#30 and Q#31. Salaries Expense for Year 2 was $54. Prepaid Salaries at Dec 31, Years 1, 2 and 3, respectively, were $3,$5 and $4. Salaries Payable at Dec 31, Years 1, 2 and 3, respectively, were ?, $11 and $7. Cash paid for salaries in Year 2 was $48. Cash paid for salaries in Year 3 was $59. Enter positive values without '' signs, without 's' signs and without commas....
31 QUESTION 30 This fact pattern provides information for Q#30 and Q#31. Salaries Expense for Year...
31
QUESTION 30 This fact pattern provides information for Q#30 and Q#31. Salaries Expense for Year 2 was $54. Prepaid Salaries at Dec 31, Years 1, 2 and 3, respectively, were $3,$5 and $4. Salaries Payable at Dec 31, Years 1, 2 and 3, respectively, were ?, $11 and $7. Cash paid for salaries in Year 2 was $48. Cash paid for salaries in Year 3 was $59. Enter positive values without '' signs, without 's' signs and without commas....
13 This fact pattern provides information needed to answer Q#10 through Q#16. On August 1, Year...
13
This fact pattern provides information needed to answer Q#10 through Q#16. On August 1, Year 1, Hoppy Company agreed to provide consulting service to a large client over a 24-month period. It was agreed that these services would be provided in equal monthly amounts starting on August 1, Year 1. These services were provided as agreed. The aggregate value of all services under this contract was $480,000. In Year 1, Hoppy received $110,000 from this large client. Also in...
11 This fact pattern provides information needed to answer Q#10 through Q#16. On August 1, Year...
11
This fact pattern provides information needed to answer Q#10 through Q#16. On August 1, Year 1, Hoppy Company agreed to provide consulting service to a large client over a 24-month period. It was agreed that these services would be provided in equal monthly amounts starting on August 1, Year 1. These services were provided as agreed. The aggregate value of all services under this contract was $480,000. In Year 1, Hoppy received $110,000 from this large client. Also in...
16 This fact pattern provides information needed to answer Q#10 through Q#16. On August 1, Year...
16
This fact pattern provides information needed to answer Q#10 through Q#16. On August 1, Year 1, Hoppy Company agreed to provide consulting service to a large client over a 24-month period. It was agreed that these services would be provided in equal monthly amounts starting on August 1, Year 1. These services were provided as agreed. The aggregate value of all services under this contract was $480,000. In Year 1, Hoppy received $110,000 from this large client. Also in...
8 QUES ON This fact pattern provides information for eight questions, Q#1-Q#8. Consultant Salaries: Kinsey Company...
8
QUES ON This fact pattern provides information for eight questions, Q#1-Q#8. Consultant Salaries: Kinsey Company hired seven consultants on April 10, Year 1. All consultants began working on that same date. The monthly salary amount for these consultants was $4,200 each. Monthly paydays occur on the 20th for the period then ended. By mutual agreement, the first payday on April 20 was for 1/3 of a month. All paydays involved the proper amounts and were paid on the appropriate...
27
This fact pattern provides information for Q#26 and Q#27. Consulting Revenues in Year 2 were $162. Consulting Accounts Receivable at Dec. 31 in Years 1, 2 and 3, respectively were: $33, $29 and $34, respectively. Cash collected from clients in Year 3 was $142. Enter positive values without signs, without '' signs and without commas. Click Save and Submit to save and submit. Click Save All Answers to save all answers 2 20 Fid # $ 4 % 5...
29
This fact pattern provides information for Q#28 and Q#29. Rent Revenues in Year 3 were $57. Rent Receivable at Dec 31 in Years 1, 2 and 3, respectively were: $8, $3 and ?, respectively. Unearned Rent Revenue in Years 1, 2 and 3, respectively were: $9, $11 and $8. Cash collected from tenants in Year 2 and 3, respectively were $49 and $43. Enter positive values without + signs, without 's' signs and without commas. Click Save and Submit...
#29
1 QUESTION 28 This fact pattern provides information for Q#28 and Q#29. Rent Revenues in Year 3 were $57. Rent Receivable at Dec. 31 in Years 1, 2 and 3, respectively were: $8, $3 and ?, respectively. Unearned Rent Revenue in Years 1, 2 and 3, respectively were: $9, $11 and $8. Cash collected from tenants in Year 2 and 3, respectively were $49 and 543. Enter positive values without '+' signs, without 's' signs and without commas. Q#28....
28
1 QUESTION 28 This fact pattern provides information for Q#28 and Q#29. Rent Revenues in Year 3 were $57. Rent Receivable at Dec. 31 in Years 1, 2 and 3, respectively were: $8, $3 and ?, respectively. Unearned Rent Revenue in Years 1, 2 and 3, respectively were: $9, $11 and $8. Cash collected from tenants in Year 2 and 3, respectively were $49 and 543. Enter positive values without '+' signs, without 's' signs and without commas. Q#28....
30
QUESTION 30 This fact pattern provides information for Q#30 and Q#31. Salaries Expense for Year 2 was $54. Prepaid Salaries at Dec 31, Years 1, 2 and 3, respectively, were $3,$5 and $4. Salaries Payable at Dec 31, Years 1, 2 and 3, respectively, were ?, $11 and $7. Cash paid for salaries in Year 2 was $48. Cash paid for salaries in Year 3 was $59. Enter positive values without '' signs, without 's' signs and without commas....
31
QUESTION 30 This fact pattern provides information for Q#30 and Q#31. Salaries Expense for Year 2 was $54. Prepaid Salaries at Dec 31, Years 1, 2 and 3, respectively, were $3,$5 and $4. Salaries Payable at Dec 31, Years 1, 2 and 3, respectively, were ?, $11 and $7. Cash paid for salaries in Year 2 was $48. Cash paid for salaries in Year 3 was $59. Enter positive values without '' signs, without 's' signs and without commas....
13
This fact pattern provides information needed to answer Q#10 through Q#16. On August 1, Year 1, Hoppy Company agreed to provide consulting service to a large client over a 24-month period. It was agreed that these services would be provided in equal monthly amounts starting on August 1, Year 1. These services were provided as agreed. The aggregate value of all services under this contract was $480,000. In Year 1, Hoppy received $110,000 from this large client. Also in...
11
This fact pattern provides information needed to answer Q#10 through Q#16. On August 1, Year 1, Hoppy Company agreed to provide consulting service to a large client over a 24-month period. It was agreed that these services would be provided in equal monthly amounts starting on August 1, Year 1. These services were provided as agreed. The aggregate value of all services under this contract was $480,000. In Year 1, Hoppy received $110,000 from this large client. Also in...
16
This fact pattern provides information needed to answer Q#10 through Q#16. On August 1, Year 1, Hoppy Company agreed to provide consulting service to a large client over a 24-month period. It was agreed that these services would be provided in equal monthly amounts starting on August 1, Year 1. These services were provided as agreed. The aggregate value of all services under this contract was $480,000. In Year 1, Hoppy received $110,000 from this large client. Also in...
8
QUES ON This fact pattern provides information for eight questions, Q#1-Q#8. Consultant Salaries: Kinsey Company hired seven consultants on April 10, Year 1. All consultants began working on that same date. The monthly salary amount for these consultants was $4,200 each. Monthly paydays occur on the 20th for the period then ended. By mutual agreement, the first payday on April 20 was for 1/3 of a month. All paydays involved the proper amounts and were paid on the appropriate...
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