Business
Business, 02.11.2019 05:31, nsaduadhq69831

At the beginning of the current period, swifty corporation had balances in accounts receivable of $195,100 and in allowance for doubtful accounts of $9,350 (credit). during the period, it had net credit sales of $745,500 and collections of $835,120. it wrote off as uncollectible accounts receivable of $7,831. however, a $3,184 account previously written off as uncollectible was recovered before the end of the current period. uncollectible accounts are estimated to total $24,100 at the end of the period. (omit cost of goods sold ) prepare the entries to record sales and collections during the period.(b) prepare the entry to record the write-off of uncollectible accounts during the period.(c) prepare the entries to record the recovery of the uncollectible account during the period.(d) prepare the entry to record bad debt expense for the period.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 17:10, taniyahreggienae
Acompany's income statement showed the following: net income, $145,000 and depreciation expense, $36,300. an examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,500; merchandise inventory increased $22,200; and accounts payable increased $5,500. calculate the net cash provided or used by operating activities. $209,500 $139,000 $176,100 $186,500 $142,100
Answers: 2
image
Business, 21.06.2019 22:10, jdiel14
Fess receives wages totaling $74,500 and has net earnings from self-employment amounting to $71,300. in determining her taxable self-employment income for the oasdi tax, how much of her net self-employment earnings must fess count? a. $74,500 b. $71,300 c. $53,900 d. $127,200 e. none of the above.
Answers: 3
image
Business, 22.06.2019 13:50, chammusa2
Which one of the following statements is true? ddt does not prevent disease from passing from agricultural animals to humans. cost was a major factor in the united states government's decision to ban ddt. many african governments concluded that the potential long-term health effects of ddt were not as serious as the immediate problem of insect control. ddt cannot accumulate in the fat of animals. the ddt ban in the united states has made it very difficult to control agricultural insect pests.
Answers: 3
image
Business, 22.06.2019 18:50, saltytaetae
Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)
Answers: 3
Do you know the correct answer?
At the beginning of the current period, swifty corporation had balances in accounts receivable of $1...

Questions in other subjects:

Konu
Mathematics, 24.09.2019 05:30
Konu
Biology, 24.09.2019 05:30