Accounting Formulas

Bad Debts Accounts Receivable Sales Customer Payments Expenses Incurred Year End Accounts Receivable Year End doubtful accounts

We need the sales to customers, Beginning acc

$0.00 $0.00

Calculation of AR Balance Accounts Receivable Sales Customer Payments Year End Accounts Receivable

$370,000.00 $320,000.00 $50,000.00

Simple Calulations of ADA Balance with doubtfull accounts and debit balance on accounts receivable Sales to customers $370,000.00 Year end collections $320,000.00 Allowance method 6.00% Amount year end accounts receivable $50,000.00 Year End doubtful accounts $3,000.00 Bad Debts on recognition of bad debt expense Credit balance in Allowance for Doubtful Accounts Debit Balance Accounts Receivable Sales Customer Payments Uncollectiable write offs Year End Accounts Receivable Amount Allowance doubtful accounts End balance allowance for doubtful accounts Annual Bad Debt Expense Allowance method Petty Cash Fund Formula to replenish Fund contained Expense Expense Expense Expense Expense Expense Total of petty cash fund

$0.00 $0.00 $0.00 $0.00 6.00%

$0.00

How much is needed for balance Bank Reconciliation Adjustments Adjusted Balance per Bank Balance per bank deposits in transit outstanding checks errors by bank Adjusted Balance per Bank Total Adjusted Balance per books Balance per books interest earned notes collected by bank Bank service charges NSF checks Errors on the books adjusted balance per books Total Cacluation with NSF checks Balance per books NSF check Adjusted balance per books Notes Receivable and Interest Charged Received Total left over to be paid. Annual Interest Accural and Receipt of Interest Purchase amount Note annual rate or Note rate Total Interest cost divided by months on the note (annual rate) Total of divided on months How many months for the interest Total of interest month paid the required terms Actual price paid with intreset on product Actual total with interest on the last month

$0.00

$0.00...