Hank Aaron Milwaukee Braves Card: Accounting Principles Third Canadian Edition Chapter 8 Answers

No portion of this site may be reproduced or duplicated without the express permission of Fanatics, Inc. Visa. Hank aaron milwaukee braves card.com. While value was a factor, it wasn't the only one. The card has white borders on the left, right and bottom of the card. This is not the most visually appealing card on our list (though it does look good), and it's far from being the most valuable, but the 1976 Topps Hank Aaron is monumental in its own right.

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Hank Aaron Milwaukee Braves Card For Bad

NL Gold Glove selection and all-star. Hank aaron milwaukee braves card for bad. The Mobile native wasn't allowed to play high school baseball in his hometown because only white students had teams and also experienced racial backlash during the leadup to passing Ruth's home run record, which included threats made by individuals who didn't want to see a Black man break the record. Honorable Mention Hank Aaron Baseball Cards. Another reason for the card's high value? Florida State Seminoles.

Hank Aaron Milwaukee Braves Card.Com

A 1959 Topps Hank Aaron baseball card currently holds a value between $1, 500 and $2, 500 for a PSA 8 graded example. Following his career as a player, Aaron assumed influential positions in the front office of the Atlanta Braves organization. Check prices on Amazon (affiliate link). Hank Aaron 1957 Topps #20 Baseball Card Milwaukee Braves MVP WSC 25xAll Star HOF. This 1964 Topps baseball card was hand signed by MLB legend Hank Aaron who was elected to the MLB Hall of Fame in 1982. Hank Aaron 1957 Topps Baseball Card #20- PSA Slabbed Authentic (Milwaukee Braves). Fashion & Jewellery. Back in 1983 or so, I happened on some second-hand, second-class, non-Beckett baseball card price guide in a beat-up book rack at a local antique store.

Hank Aaron Braves Baseball Card

Not exactly $720, 000, because it's all about condition, " Davis said via WSB-TV. But gum dust will be shed, for sure. The backs were the first to be done vertically, although they continued to carry familiar statistical and biographical data. Athlon Sports Hank Aaron 1963 Topps Baseball Card #390- PSA Graded 5 EX (Milwaukee Braves. And finally, the card's irregular size (2 5/8" x 3 ¾") likely adds to the shortage of pristine examples because the larger card sticks out when placed next to other cards. — of the fabled 1952 Topps Mickey Mantle or Willie Mays. Lastly, there is a variation of white and yellow names on some cards. Of the two PSA 10 gem mint examples in circulation, the only one sold at auction shatters the price of all Hank Aaron cards.

Hank Aaron Milwaukee Braves Card Game

This one is not quite "important" in the same sort of sense that the other cards on this list are, but it's a personal favorite. San Francisco 49ers. From his start as a cross-handed hitting shortstop for the Indianapolis Clowns of the Negro American League, Aaron was thrust into a position of great responsibility. Notice anything strange about the action shot of Hank sliding into home plate? Bought With Products. Hank aaron milwaukee braves card game. A PSA 10 gem mint card sold at auction by Goldin Auctions ended in July 2021 for $51, 660.

PSA 8 Value: $57, 888. Because it was issued at the beginning of the decade, the 1970 Topps set is a popular starting point for modern baseball card collectors. 31: This card used the same portrait of Aaron from the previous two years. Despite not being his rookie card, it's still sought after by collectors. Top 15 Hank Aaron Baseball Card List to buy now. Davis said he owns three of Aaron's rookie cards, but they aren't as highly valued due to their condition. The 572-card set marks the most extensive set issued at the time. Jacksonville Jaguars.

Though Barry Bonds has since passed his record, he still holds a special place in MLB history. You don't take down Babe Ruth if you're not an otherwordly talent with legendary work ethic. © Fanatics, Inc., 2023. A band found at the bottom holds the player's name and position. It reads: "OUTFIELD. "

Many of the cards display numerous mistakes and problems. Georgia Southern Eagles. 1974 Atlanta Braves. Of course this only works if you have the card in hand, but if you have a really high resolution photo, you might be able to examine on your computer. Columbus Blue Jackets. Product ID: 12900100.

72, 500 (e) 45, 500 79, 600. Accounts Receivable................... 69, 580. The percentage of sales approach establishes a percentage relationship between the amount of credit sales and expected losses from uncollectible accounts. 62 times *Accounts receivable at the beginning of the year would have been $0 because this was the first year of business. View more... Accounting Principles, Third Canadian Edition. BYP 8-2 (Continued) (b) The gross accounts receivable has increased significantly (125%) over the 2-year period. Other alternatives to extending credit to Curtis include: Waiting for 30 days to make the sale Have Curtis borrow from the bank Have Curtis use a credit card to finance the purchase. 1, 2, 3, 4, 5, 6, 7, 8. Accounts and notes receivable are sometimes called trade receivables because they result from sales transactions and occur in the normal course of business operations. The adjusting entry under the percentage of receivables approach is: Bad Debts Expense....................................................... Accounting principles third canadian edition chapter 8 answers quizlet. 2, 300 Allowance for Doubtful Accounts ($5, 800 – $3, 500) 12. Copyright © 2009 by John Wiley & Sons Canada, Ltd. or related companies. The journal entry would therefore be as follows: Dec. 31.

Accounting Principles Third Canadian Edition Chapter 8 Answers.Microsoft.Com

Re: Management of the credit function. 59, 700 15, 300 Dr. 30, 000 14, 700. BRIEF EXERCISE 8-13 (a) 2007 July 1. 0 Accounts receivable................................... $787. Ashley is not correct. June 25 Cash.................................................... [$6, 000 x 6% x 1/12].

You will also have to pay to rent the equipment. 14, 15, 16, 17 18, 19, 20, 21, 22. 5% x 7/12 = $700 $40, 000 x 8. Merchandise Inventory............... 1, 050. The time period concept ensures that the comparability objective in accounting is met. This method emphasizes the matching of expenses with revenues.

Accounting Principles Third Canadian Edition Chapter 8 Answers Quizlet

Bad debt (d) 38, 400 End. Amount $120, 000 32, 000 45, 000 78, 000 $275, 000. 651, 158 [($278, 631 + $258, 816) ÷ 2] = 2. July 1 July 5 25 31. 04 times or 33 days (2005). 1 Less: Allowance for doubtful accounts.... 47. PROBLEM 8-9B (Continued) (c) Notes Receivable Explanation Ref.

23 days The company's receivables turnover and collection period have improved marginally since the previous year. Allowance for Doubtful Accounts. Notes receivable are recorded at their principal value (the value shown on the face of the note) and not the amount that will be paid at maturity because interest has not been earned. Given in the problem Average collection period: Norlandia's receivables turnover ratio was a little higher in 2008, which means that Norlandia was more efficient in 2008 in turning receivables into cash. If Imagine Co. used 3% of accounts receivable rather than aging the accounts, the adjustment would be $21, 550 [($385, 000 x 3%) + $10, 000]. Neither could the performance of one business be compared to the performance of another. G) Bad Debts Expense ($1, 950, 000 x 1. Accounting principles third canadian edition chapter 8 answers.com. It also provides a better representation of the amount of accounts receivable expected to be collected. 570 75 380 348 299 100.

Accounting Principles Third Canadian Edition Chapter 8 Answers.Microsoft

Show balance sheet presentation. PROBLEM 8-8B Jan. 2 Accounts Receivable —Brooks Company............................ 29, 000 ($35, 000 - $6, 000) is the amount Hohenberger would record as bad debts expense. Legal Notice Copyright. 5 Other assets Notes receivable........................................................... 254. B) Accounts Receivable.............................................. Accounting principles third canadian edition chapter 8 answers.microsoft.com. $718, 970 Less: Allowance for Doubtful Accounts................ 21, 569 Net Accounts Receivable........................................ $697, 401 (c). SOLUTIONS TO PROBLEMS PROBLEM 8-1A (a). C) Accounts receivable Less: Allowance for doubtful Accounts Net realizable value. For example, increased receivables will result in a higher current asset position, and higher current ratio. 3) Other receivables include interest receivable, loans or advances to employees, and recoverable sales and income taxes. PROBLEM 8-10B (Continued) (b) 2008 Receivables turnover: $6, 087. Debit Sales Payment.

BRIEF EXERCISE 8-10 Note (a) Total Interest 1. Weygandt, Kieso, Kimmel, Trenholm, Kinnear. Date 2007 Dec. 31 31 2008 May 11 June 12. 31 Cash [$12, 000 + $150 + 100].............. 12, 250 Notes Receivable—Annabelle....... Interest Revenue [$12, 000 x 5% x 3/12] Interest Receivable [$12, 000 x 5% x 2/12]. 31 Interest Receivable................... FRN $9, 000 x 5. In millions) Jan. 1, 2005 Accounts receivable Less: allowance Net realizable value. PROBLEM 8-11B Rogers. 985, 054 [($58, 576 + $36, 319) ÷ 2] = 17.

Accounting Principles Third Canadian Edition Chapter 8 Answers.Com

Receivables turnover. July 1 Accounts Receivable......................... Interest Revenue [9, 000 x 7% x 3/12]. Continuing Cookie Chronicle BYP8-3. 3) Billing and collection are often time-consuming and costly.

Accounts Receivable—Smistad...... 1, 338, 800 1, 342, 250 3, 450 1, 338, 800 585, 420 753, 380 46, 480 706, 900 12, 070 718, 970. Date Jan. 1 1 2 3 4 5 5. A separate account for interest receivable is used. 6 days + 135 days = 155. 0-30 31-60 $220, 000 $160, 000. Amount $65, 000 12, 600 8, 500 6, 400% 2 10 25 50. However, the increase in receivables may be due to slower collections rather than improved sales. EXERCISE 8-6 (Continued) (b). 38, 500 [($42, 000) - $3, 500]. 25% x 4/12 = $6, 000 x 5% x 1/12 = $10, 200 x 6% x 0/12 = Total. June 12 Accounts Receivable–Worthy........... Allowance for Doubtful Accounts. Accounts Receivable $315, 000 90, 000 60, 000 35, 000 $500, 000% Estimated Uncollectible 1% 4% 10% 20%.

July 25 Allowance for doubtful accounts...... Notes Receivable-Avery................ Sept. 1. 1 Cash [$9, 000 x 6% x 1/12].................. Interest Revenue............................ 45. The percentage of sales approach is called the income statement approach because the calculation and the bad debts expense are based on a percentage of net credit sales; both are amounts that appear on the income statement. Sales Recovery Collection recovery Collections Write-offs Interest charges. Comprehension Q8-3 Q8-4. B) July 1 Cash............................................... Interest Receivable [$6, 000 x 6% x 1/12]................... 5 Credit Card Receivables................ 1 days 365 ÷ 6 = 60.