Saved to my Mac 2 Chapter 8 Assignment 1 - Compatibility Mode Review View Tell me References Mailings AskbCeDdl Aa Bbc AaB Code AaBbCcDc AaBbCcDdB Emphasis Heading 1 Normal Sube po vo. Au Strong IMA Accounting 2102 Assignment Chapter 8 - Receivables Jomalie cacheconomic event below 1. Company XYZ has credit sales of $1,500,000. They estimate that 15% will be collectible 2. Company XYZ decided that the following accounts are collectible: AR-Jamie Moyer, 51600, A/R - David Wright, 52500 AR-Carlos Beltran, 55000 3. Carlos Beinn and David Wright paid amounts owed to XYZ 4. Company ABC has $495.000 in receivables. They have decided to sell them to a factor who will charge a fee. 5. Company ABC sold merchandise to a customer who paid with Vise credit card. The sale totaled 400. Visa 6 Company XLS has receivables totaling 5780,000. They use an Aging of Receivables Report to estimate what will be collectible. In addition to receivables, they have the following current assets Cash $1,000,000 Merchandise Inventory: 5350,000; Prepaid Insurance: 53000, Supplies: 55000 Complete the Aging of Receivables Report to determine uncollectible amount. Record the transaction Prepare. Current Assection of a balance sheet and prepare the entry to record the estimated uncollectibles Aging of Receivables Report Alle $300.000 $216.000 $100,000 $88,SOO $72,500 910120 12% Dus wed Pre Un Amelie Total med 7. Baylee Company weld merchandise to come wheneda 0% 120-day Total merchandise sold 35500 & The customer Champaid Baylee Company amount owed 9. Patienten purchased merchandise from Kewbie Company for $18,000, signing a 90-day promote 10. On day 50 of Patience's Kee Company recorded accrued into the 11. Pat's note was retired 12. Rowdy Company has the following receive Die Am Rule Length of 12 40 days b. VIO 90 days 56 59000 124 120 For each odermine: 312.300 Total Toalhe English (United States MacBook Pro Saved to my Mac 2 Chapter 8 Assignment 1 - Compatibility Mode Review View Tell me References Mailings AskbCeDdl Aa Bbc AaB Code AaBbCcDc AaBbCcDdB Emphasis Heading 1 Normal Sube po vo. Au Strong IMA Accounting 2102 Assignment Chapter 8 - Receivables Jomalie cacheconomic event below 1. Company XYZ has credit sales of $1,500,000. They estimate that 15% will be collectible 2. Company XYZ decided that the following accounts are collectible: AR-Jamie Moyer, 51600, A/R - David Wright, 52500 AR-Carlos Beltran, 55000 3. Carlos Beinn and David Wright paid amounts owed to XYZ 4. Company ABC has $495.000 in receivables. They have decided to sell them to a factor who will charge a fee. 5. Company ABC sold merchandise to a customer who paid with Vise credit card. The sale totaled 400. Visa 6 Company XLS has receivables totaling 5780,000. They use an Aging of Receivables Report to estimate what will be collectible. In addition to receivables, they have the following current assets Cash $1,000,000 Merchandise Inventory: 5350,000; Prepaid Insurance: 53000, Supplies: 55000 Complete the Aging of Receivables Report to determine uncollectible amount. Record the transaction Prepare. Current Assection of a balance sheet and prepare the entry to record the estimated uncollectibles Aging of Receivables Report Alle $300.000 $216.000 $100,000 $88,SOO $72,500 910120 12% Dus wed Pre Un Amelie Total med 7. Baylee Company weld merchandise to come wheneda 0% 120-day Total merchandise sold 35500 & The customer Champaid Baylee Company amount owed 9. Patienten purchased merchandise from Kewbie Company for $18,000, signing a 90-day promote 10. On day 50 of Patience's Kee Company recorded accrued into the 11. Pat's note was retired 12. Rowdy Company has the following receive Die Am Rule Length of 12 40 days b. VIO 90 days 56 59000 124 120 For each odermine: 312.300 Total Toalhe English (United States MacBook Pro
