posted by Abbie

An Individual Family's Account Receivable
date Descrip Debit Credit Balance
Jan 5 Week 90.00 90.00
Jan 12 " 150.00 -----
Jan 16 Payment 180.00 -----
Jan 19 Week 150.00 -----

1- What was the family's balance after paying you on Jan.16?
A $0 B $ 240 C $ 60 D $ 420

2- What is the family's current(most recent) balance?
A $ 330 B $ 210 C $ 570 D $0

The answer for me are:
1- B $ 240 2- B $ 210

Respond to this Question

First Name

Your Answer

Similar Questions

  1. accounting

    Can someone check my answers. A car dealership gives customers the choice of buying or leasing its cars. The cars cost $20,000 and are sold for $25,000. The standard lease contract is for four years, with the first payment made at …
  2. accounting 101

    Preparing A Journal Entry. I need help telling whether it's accounts receivable, rent expense, etc. Also determining whether it's debit or credit. I understand everything else like the T-account and Trial Balance, just determining …
  3. Accounting

    Please Help. I can't get the balance sheet to balance out at at. I am frustrated! Prepare a Trial Balance, an Income Statement and a Balance Sheet. Doris' Custom Designs Jan. 1 Doris deposits $10,000 in the bank to start her business. …
  4. math

    a sales representative earned four times as much in the fourth week of jan than any other week in jan what is the income for the fourth week
  5. chemistry

    Jan drives her car to school each day. If it takes her 12 minutes to drive one way, how many hours a week does Jan spend driving?
  6. accounting

    Analyze and record, in the form of T Accounts, Mr. James' transactions: Jan 1: Amount invested in the business $10,000 Jan 7: Bought equipment for $500 Jan 9: Bought office furniture with $2,000 cash Jan 10: Bought materials with $2,000 …
  7. 3rd grade

    Jan's parents gave her $12. each week after that they give her $5. how much money withh jan have at the end of four weeks?
  8. Algebra

    Jan is a photographer. She earns $42.50 for each picture she sells. It costs Jan $850.00 per month to maintain her photography lab. Write an equation that represents the relationship between Jan's monthly profit (P) and the number …
  9. Math

    Here is the instruction: Use the data from the table to calculate the number of hours of daylight for one day per week throughout the year (52 data points). Be sure to use the same day of the week so that your data points are evenly …
  10. math

    From the following data calculate final balance and forward it in the pay stubs. Beginning balance $2000 Jan 2 Deposit $500 Jan 10 Check written to Alex company $600 Jan 16 Check written to Angels Company

More Similar Questions