Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. kona espresso machine company makes many of its sa

Kona Espresso Machine Company makes many of its sales on account. For Year 2, its...

70.2K

Verified Solution

Question

Accounting

Kona Espresso Machine Company makes many of its sales on account. For Year 2, its beginning balance in Accounts Receivable was $194,000. Sales on account for the year were $908,000, and the amount of cash collected from its accounts receivable was $831,900.During the year, uncollectible accounts of $11,100 were written off.Required:What was the ending balance in Accounts Receivable?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Making reference to an organisation that you are familiar with: QUESTION 1 Provide a detailed explanation with...

Operations Management
Q

Calculate the number of ATP produced (or consumed) by conversion of Leu to acetoacetate using this...

Biology
Q

Why are emotions important to our negotiating positions? How can we figure out what are our...

General Management
Q

today They are a separate species Equus ferus przewalskii from the domestic horse Equus caballus...

Biology
Q

10 The contractor you are working for needs to know the height of a building...

Geometry
Q

You use a line of best fit for a set of data to make a...

Basic Math
Q

What is the third term in the binomial expansion of 3x y 4 O 54x...

Calculus
Q

oter 8 Quiz i 4 TB MC Qu 08 95 Static The balance sheet of...

Algebra
Q

Prepare the balance sheet for May 31. Required information [The following information applies to...

Accounting
Q

Last month 75,000 grams of direct material were purchased, and 70,000 grams were used. If...

Accounting
Q

Smith manufactures coffee mugs that it sells to other companies for customizing with their own...

Accounting
Q

Ladanza Corporation is a wholesaler that sells a single product. Management has provided the following...

Accounting