Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

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Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 14 Aug 2017 My Price 6.00

Kenny Harrison Corp.

Kenny Harrison Corp., a capital goods manufacturing business that started Jan 4, 2008, and operates on a calendar- year basis. Plus, the use the installment sales method of profit recognition in accounting for all its sales. The following data were taken from 2008 and 2009 records. Item: 2008 2009 Installment Sales 480,000 620,000 Gross profit as a percent of costs 25% 28% Cash collections on sales of 2008 140,000 240,000 Cash collections on sales of 2009 0 180,000 Directions: A- Compute the amount of realized gross profit to be recognized on the 2009 income statement, using the installment sales method. B- Compute the amount of realized gross profit to be recognized on the income statement, using the cost-recovery method.

Answers

Maurice Tutor
(5)
Status NEW Posted 14 Aug 2017 03:08 PM My Price 6.00

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