View the step-by-step solution to:

Question. How do I Show the amount of fees earned by Dr. Tran during 2012?


Question.
How do I Show the amount of fees earned by Dr. Tran during 2012?
Question 5.
Dr. Tran, a sugeon, keeps her accounting records on the cash basis. In 2012, Dr. Tran collected $660,000 in fees from her patients. On December 31, 2011, the good doctor had accounts receivable of $68,000 and unearned fees of $4,000. At December 31, 2012, she had accounts receivable of $50,000 and unearned fees of $6,000.
Sign up to view the entire interaction

Top Answer

Dear Student Please find... View the full answer

Accounting-8193454.xls

Statement showing earned fees
Particulars
Total fees collected during 2012
Add- unearned fees as on 31 december 2012
Less earned fees as on 31 december 2011
Fees earned for the year 2012 Amount...

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online