Maurice Tutor

(5)

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About Maurice Tutor

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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: 401 Weeks Ago, 2 Days Ago
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Education

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

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 21 Aug 2017 My Price 5.00

Tri Fecta

Tri Fecta, a partnership, had revenues of $371,000 in its first year of operations. The partnership has not collected on $45,600 of its sales and still owes $39,900 on $190,000 of merchandise it purchased. There was no inventory on hand at the end of the year. The partnership paid $27,000 in salaries. The partners invested $45,000 in the business and $29,000 was borrowed on a five-year note. The partnership paid $2,320 in interest that was the amount owed for the year and paid $9,400 for a two-year insurance policy on the first day of business. Ignore income taxes. Compute the cash balance at the end of the first year for Tri Fecta

Answers

Maurice Tutor
(5)
Status NEW Posted 21 Aug 2017 06:08 PM My Price 5.00

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