george123321
Apr 29, 2012, 11:43 AM
Can someone help me with the ACCOUNTING question on receivables?
Calculate current ratio, the acid test ratio, receivebles turnover, and collection period for the 2010 and 2011 fiscal year.
Credit sales, cash , accounts receivable, allowance for doubtful accounts, temporary investments, prepaid insurance, inventory, land bank loan(due this year), unearned revenue, acocutns payable, current portion of mortgage, mortagage payable
There is a chart that looks like this
One column -the names of the accoutns just listed... 2ndd column- year 2009 and numbers under it... 3rd column- year 2010 and numbers under it... 4th columb- year 2011 and numbers under it
Calculate current ratio, the acid test ratio, receivebles turnover, and collection period for the 2010 and 2011 fiscal year.
Credit sales, cash , accounts receivable, allowance for doubtful accounts, temporary investments, prepaid insurance, inventory, land bank loan(due this year), unearned revenue, acocutns payable, current portion of mortgage, mortagage payable
There is a chart that looks like this
One column -the names of the accoutns just listed... 2ndd column- year 2009 and numbers under it... 3rd column- year 2010 and numbers under it... 4th columb- year 2011 and numbers under it