At the end of the year, brinkley incorporated’s balance of allowance for uncollectible accounts is $2,300 (debit) before adjustment. the company estimates future uncollectible accounts to be 5% of credit sales for the year. credit sales for the year total $118,000. what adjustment would brinkley record for allowance for uncollectible accounts using the percentage-of-credit-sales method? (if no entry is required for a particular transaction/event, select "no journal entry required" in the first account field.)

Suppose the price of frozen yogurt, a substitute for ice cream, increases. what happens to equilibrium price and quantity of ice cream? a. the price and quantity of ice cream both increase b. the price and quantity of ice cream both decrease c. the price of ice cream increases and the quantity decreases d. the price of ice cream decreases and the quantity increases

An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?

Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?