fbpx

Accounting Assignment | Custom Assignment Help

I am having trouble figuring out the second part. I have the cash as a debit of 774,000.

Don't use plagiarized sources. Get Your Assignment on
Accounting Assignment | Custom Assignment Help
Just from $13/Page
Order Now

Samson Wholesale Beverage Company regularly factors its accounts receivable with the Milpitas Finance Company. On April 30, 2018, the company transferred $860,000 of accounts receivable to Milpitas. The transfer was made without recourse. Milpitas remits 90% of the factored amount and retains 10%. When Milpitas collects the receivables, it remits to Samson the retained amount less a 3% fee (3% of the total factored amount). Samson estimates the fair value of the last 10% of its receivables to be $66,000.

Custom Assignment Help

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Management
Best of the Best
Customer 453285, January 22nd, 2020
Nursing
Several grammar issues identified.
Customer 462821, April 6th, 2022
Marketing & Advertising
Always capitalize in AP style.
Customer 452441, April 1st, 2022
Business
Good job!
Customer 463469, October 29th, 2022
MGMT 221 Introduction to Management Information System
Thank you!
Customer 457731, February 2nd, 2022
Medicine
Great job.
Customer 462457, April 28th, 2022
English 101
Excellent.
Customer 458101, April 23rd, 2022
Web Design
Well done
Customer 452441, April 15th, 2022
Education
Good work.
Customer 453707, March 27th, 2022
Legal
When told to use third person, stick to the narrative point.
Customer 452441, April 25th, 2022
Health Care
Thank you very much!
Customer 454001, February 8th, 2020
Finance/Acc related
Good work.
Customer 460073, July 9th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat