1.How much revenue did CNE Inc. record in the month of March? 2.For the month of March how much additional accounts receivable did CNE Inc. add to its balance sheet? 3.Assuming that the accounts...

9 questions and it should not take much writing, please within 4 hours


1.How much revenue did CNE Inc. record in the month of March? 2.For the month of March how much additional accounts receivable did CNE Inc. add to its balance sheet? 3.Assuming that the accounts receivable balance was zero at the end of January what was the ending accounts receivable balance at the end of April? 4.How much did CNE Inc. record to its cash account in February for the sale of its product? 5.Using the First In First Out (FIFO) method, how much Cost of Goods Sold did CNE Inc. record in the month of March? 6.Again, assuming FIFO, if the inventory balance at the end of January was $79,875 what was the ending inventory balance at the end of April? 7.What is the total depreciable amount of CNE Inc's. new capital equipment at the time of its purchase on January 1st? 8.What will be the depreciation expense that CNE Inc. will record for all of year 2 using the "Double Declining" method? 9.Again, using the "Double Declining" method, what will be the ending depreciable balance amount of this capital equipment at the end of year 3?