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blue suede - Blue Suede Full Accrual Method most common...

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Blue Suede Full Accrual Method - most common, post sale method T=o A/R 480 Inventory 336 OE 144 Commission 24 Cash 24 Cash 80 A/R 80 Gross profit Ratio 144 GP 30% 480 Total Price Int rate @ 10% Year Cash (debit) Int earned Installment Rec Install unpaid Bal Rel. GP(30%) 0  -     -     -     400.00   -    1  105.52   40.00   65.52   334.48   19.66  2  105.52   33.45   72.07   262.41   21.62  3  105.52   26.24   79.28   183.13   23.78  4  105.52   18.31   87.21   95.92   26.16  5  105.52   9.59   95.92   -     28.78   527.60   127.59   400.00   120.00  T=0  T=1   T=2   T=3   T=4   T=5  Cash 105.52 105.52 105.52 105.52 105.52 A/R  65.52   72.07   79.28  87.21 95.93 Int. Rec  40.00   33.45   26.24  18.31 9.59 GP 144 0 0 0 0 0 NP 120 0 0 0 0 0 Assets 456 496 529.45 555.69 574 583.6 Cash 56 161.52 267.04 372.56 478.08 583.6 A/R 400 334.48 262.41 183.13 95.92 0 Installment Method- post sale method T=0 A/R 480 GP  144 Inventory 336 SP  480 A/R DGP 144 30% x 80 = 24
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Cash 80 A/R 80 A/R DGP 24 GP/SP x Prime Pmts OE 24 Commission 4 Cash 4 T=1 Cash 105.52 Int Rev 40 A/R 65.52 A/R DGP 19.66 65.52 x .30 OE (GP rec) 19.66 Commission 3.28 5% of A/R Bal Cash 3.28 T=2 T=3 T=4 T=5 Cash 105.52 105.52 105.52 105.52 Int Rev 33.45 26.24 18.31 9.59 A/R 72.07 79.28 87.21 95.93 A/R DGP 21.62 23.78 26.16 28.78 OE 21.62 23.78 26.16 28.78 Commission 3.6 3.96 4.36 4.8 Cash 3.6 3.96 4.36 4.8 T=0 T=1 T=2 T=3 T=4 T=5 GP  24.00   19.66   21.62 
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