Answers: 2
Business, 22.06.2019 20:50, agray339
Swathmore clothing corporation grants its customers 30 days' credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2012, accounts receivable were dollar 586.000 and the allowance account had a credit balance of dollar 50,000. accounts receivable activity for 2013 was as follows: the company's controller prepared the following aging summary of year-end accounts receivable: prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. (if no entry is required for a particular event, select "no journal entry required" in the first account field.) prepare the necessary year-end adjusting entry for bad debt expense. (if no entry is required for an event, select "no journal entry required" in the first account field.) what is total bad debt expense for 2013? calculate the amount of accounts receivable that would appear in the 2013 balance sheet?
Answers: 2
Business, 22.06.2019 22:00, taliyahjhonson1
What legislation increased the ability for federal authorities to tap telephones and wireless devices, tightened the enforcement of money laundering activities, as well as broadened powers toward acts of terrorism and acts such as drug trafficking?
Answers: 2
Business, 23.06.2019 04:40, maguilarz2005
2. a computer equipment was acquired at the beginning of the year at a cost of $56,000 with an estimated residual value of $5,000, and an estimated useful life of five years. determine the second year’s depreciation expense using the straight-line method.
Answers: 3
Bree, the chief financial officer of Computer Equipment Company, signs an instrument that includes t...
Mathematics, 21.07.2019 09:30
Chemistry, 21.07.2019 09:30
Spanish, 21.07.2019 09:30
Mathematics, 21.07.2019 09:30
Biology, 21.07.2019 09:30
Mathematics, 21.07.2019 09:30
Business, 21.07.2019 09:30
Social Studies, 21.07.2019 09:30