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Pro X About us X M Forgot your pax Wild Heartex t/map/index.html?_conn.conextemal_browser-anchurlhttp%253A%252F%252F Saved take adjusting entries monthly, and they make all closing entries annually. The

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Pro X About us X M Forgot your pax Wild Heartex t/map/index.html?_conn.conextemal_browser-anchurlhttp%253A%252F%252F Saved take adjusting entries monthly, and they make all closing entries annually. The compar self on having no long-term liabilities The company has provided the following trial balance dated December 31, 2021 5,00 46,000 >3,000 125,00 259.000 1.500 . 1,791,000 79), 72,00 MUSIC IS-US. IN AL BALANCE DECEMBER 31, 2021 Cash at bank Marketable securities Accounts receivable Allowance for doubtful accounts Merchandise inventory office supplies Prepaid insurance Building and fixtures Accumulated degreclaim Accounts payable Undard customer deposits Income taxes payable Capital stock Retained connes Unrealised taint painontestants Sales Cost a good told Banke service charge collectible accounts Salary and water Orriculiers Incepe utilities per Dworst expense That w 6.000 17.00 70.000 9. 21,200 1.690.00 52.00 240 3.700 38.000 300 5,40 3,400 41.000 2. $2.15.30 15,1,200 F S F JULUSU yu ne sales amount is collected at the time a custom order is placed, and is credited to an account entitled "Uneamed Customer Deposits. As of December 31. $4,600 of these deposits remained unfilled because the special order guitars have not been received from the manufacturer. The cost of goods sold and the reduction in inventory associated with all custom orders is recorded when the custom merchandise is delivered to customers. At that time, the adjusting entry requires only a decrease to uneared customer deposits and an increase in sales 9. Accrued income taxes payable for the entire year ending December 31, 2021. total $81,000. No income tax payments are due until early in 2022 1. Using the financial statements prepared in part k determine approximately how many days on average an account receivable remains outstanding before it is collected. You may assume that the company's ending accounts receivable balance on December 31 is a close approximation of its average accounts receivable balance throughout the year. (Use 365 days a year. Round intermediate calculations to 1 decimal place and your final answer to the nearest whole number.) Number of days ch Search O BI 13 Pro X About us X M Forgot your pax Wild Heartex t/map/index.html?_conn.conextemal_browser-anchurlhttp%253A%252F%252F Saved take adjusting entries monthly, and they make all closing entries annually. The compar self on having no long-term liabilities The company has provided the following trial balance dated December 31, 2021 5,00 46,000 >3,000 125,00 259.000 1.500 . 1,791,000 79), 72,00 MUSIC IS-US. IN AL BALANCE DECEMBER 31, 2021 Cash at bank Marketable securities Accounts receivable Allowance for doubtful accounts Merchandise inventory office supplies Prepaid insurance Building and fixtures Accumulated degreclaim Accounts payable Undard customer deposits Income taxes payable Capital stock Retained connes Unrealised taint painontestants Sales Cost a good told Banke service charge collectible accounts Salary and water Orriculiers Incepe utilities per Dworst expense That w 6.000 17.00 70.000 9. 21,200 1.690.00 52.00 240 3.700 38.000 300 5,40 3,400 41.000 2. $2.15.30 15,1,200 F S F JULUSU yu ne sales amount is collected at the time a custom order is placed, and is credited to an account entitled "Uneamed Customer Deposits. As of December 31. $4,600 of these deposits remained unfilled because the special order guitars have not been received from the manufacturer. The cost of goods sold and the reduction in inventory associated with all custom orders is recorded when the custom merchandise is delivered to customers. At that time, the adjusting entry requires only a decrease to uneared customer deposits and an increase in sales 9. Accrued income taxes payable for the entire year ending December 31, 2021. total $81,000. No income tax payments are due until early in 2022 1. Using the financial statements prepared in part k determine approximately how many days on average an account receivable remains outstanding before it is collected. You may assume that the company's ending accounts receivable balance on December 31 is a close approximation of its average accounts receivable balance throughout the year. (Use 365 days a year. Round intermediate calculations to 1 decimal place and your final answer to the nearest whole number.) Number of days ch Search O BI 13

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