{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-16T00:04:34-04:00", "answer_date": "2024-09-16 00:04:34", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "11105252", "url": "\/study-help\/questions\/memphis-company-anticipates-total-soles-for-april-may-and-june-11105252", "question_creation_date_js": "2024-09-16T00:04:34-04:00", "question_creation_date": "Sep 16, 2024 12:04 AM", "meta_title": "[Solved] Memphis Company anticipates total soles f | SolutionInn", "meta_description": "Answer of - Memphis Company anticipates total soles for April, May, and June of $990,000,$1,090,000, and $1,140,000 respectively. | SolutionInn", "meta_keywords": "memphis,company,anticipates,total,soles,april,june,$990,000,$1,090,000,$1,140,000,cash,sales,20%", "question_title_h1": "Memphis Company anticipates total soles for April, May, and June of $990,000,$1,090,000, and $1,140,000 respectively. Cash sales are normally 20% of total sales. Of the", "question_title": "Memphis Company anticipates total soles for April, May, and June of $990,000,$1,090,000,", "question_title_for_js_snippet": "Memphis Company anticipates total soles for April, May, and June of $990,000,$1,090,000, and $1,140,000 respectively Cash sales are normally 20 of total sales Of the credit sales, 35 are collected in the same month as the sale, 60 are collected during the first month after the sale, and the remaining 5 are collected in the second month after the sole Compute the amount of accounts receivable reported on the company's budgeted balance sheet for June 30 Multiple Chalce $740 800 $592,800 $1,070,400 $998 400", "question_description": "
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\"image <\/div> <\/div> Memphis Company anticipates total soles for April, May, and June of $990,000,$1,090,000, and $1,140,000 respectively. Cash sales are normally 20% of total sales. Of the credit sales, 35% are collected in the same month as the sale, 60% are collected during the first month after the sale, and the remaining 5% are collected in the second month after the sole. Compute the amount of accounts receivable reported on the company's budgeted balance sheet for June 30 . Multiple Chalce $740.800. $592,800. $1,070,400 $998.400", "transcribed_text": "", "related_book": { "title": "Financial Accounting An Integrated Statements Approach", "isbn": "324312113, 978-0324312119", "edition": "2nd Edition", "authors": "Jonathan E. Duchac, James M. Reeve, Carl S. Warren", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/126.jpg", "uri": "\/textbooks\/financial-accounting-an-integrated-statements-approach-2nd-edition-126", "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-16 00:04:34", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/essentials-of-business-communication\/2-use-the-techniques-described-previously-to-shorten-those-sentences-2016754", "description": "2. Use the techniques described previously to shorten those sentences that you decide are too long.", "stars": 0 }, { "url": "\/the-following-information-pertains-to-satellite-company", "description": "The following information pertains to Satellite Company: Required: Present the operating activities section of the statement of cash flows for Satellite Company using the indirectmethod. Income...", "stars": 3 }, { "url": "\/study-help\/questions\/memphis-company-anticipates-total-soles-for-april-may-and-june-11105252", "description": "Memphis Company anticipates total soles for April, May, and June of $990,000,$1,090,000, and $1,140,000 respectively. Cash sales are normally 20% of total sales. Of the credit sales, 35% are...", "stars": 3 }, { "url": "\/study-help\/questions\/ii-sonstraal-butchery-intends-to-modernise-its-butchery-machinery-and-9695148", "description": "(ii) Sonstraal Butchery intends to modernise its butchery machinery and equipment. The company anticipates that the modernisation will increase cash flows by R200,000 four years from today, R350,000...", "stars": 3 }, { "url": "\/study-help\/questions\/linux-systems-administration-in-this-modules-class-activities-you-acted-999015", "description": "Linux Systems Administration In this module's class activities, you acted as a system administrator in order to troubleshoot a malfunctioning Linux server. The senior administrator was quite pleased...", "stars": 3 }, { "url": "\/study-help\/questions\/draw-the-kinematic-diagram-of-the-following-linkages-and-find-1024326", "description": "Draw the kinematic diagram of the following linkages and find their mobility using Gruebler's equation. 1 B 2 3 -O- D 6 C 4 Point C is not a joint. It is a significant point on link 5.", "stars": 3 }, { "url": "\/study-help\/questions\/the-canadian-tire-trying-to-expand-into-the-usa-company-1005671", "description": "The Canadian Tire trying to expand into the USA Company: The Canadian Tire What are the sustainable strategic goals of the company? What aspects about the country could be good for the company on the...", "stars": 3 }, { "url": "\/study-help\/questions\/a-300n-f-30-d-2-m-1024383", "description": "A 300N F 30% d 2 m \n \n \n \n Answered: 1 week ago", "stars": 3 }, { "url": "\/study-help\/questions\/gateway-sold-a-bigscreen-tv-to-charlis-for-2000-on-1005996", "description": "Gateway sold a big-screen TV to Charlis for $2,000 on credit. Charlis signed a promissory note and gave Gateway a security interest in the TV. Gateway filed a financing statement in the appropriate...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/5-award-280-points-as-the-beginning-of-the-year-11105251", "next": "\/study-help\/questions\/fuel-40-breakeven-sales-and-sales-mix-for-a-service-11105253" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "Memphis Company anticipates total soles for April, May, and June of $990,000,$1,090,000,", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/memphis-company-anticipates-total-soles-for-april-may-and-june-11105252" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } "1" } }