Business, 07.04.2020 04:13, tateandvioletAHS14AY
Vasguez Corporation had a 1/1/20 balance in the Allowance for Doubtful Accounts of $20,000 CR. During 2020, it wrote off $14,400 of accounts and collected $4,200 on accounts previously written off. The balance in Accounts Receivable was $400,000 at 1/1/20 and $480,000 at 12/31/20. At 12/31/20, Vasguez estimates that 5% of accounts receivable will prove to be uncollectible. What is Bad Debt Expense for 2020?
a. $14,200
b. $24,000
c. $18,400
d. $4,000
Answers: 3
Business, 21.06.2019 16:50, michellemunoz250
Malcolm has several receipts from recent transactions that he entered in his records. the receipts include an atm receipt for an $80.00 deposit, a grocery store receipt for $25.50, and a paycheck deposit slip for $650.00 when he finishes entering his transactions, malcolm realizes that his balance is incorrect. assuming that malcolm had no beginning balance, what should his correct balance be?
Answers: 1
Business, 22.06.2019 10:00, tiarafaimealelei
The solution set for -18 < 5x-3 iso-3х3< xо-3хo3 > x
Answers: 3
Business, 22.06.2019 10:00, boo6931
Employees at a library check out books to patrons. books have an isbn and a name. the library sometimes has multiple copies of the same book. books have one or more authors. a patron is an individual who has an active (non-expired) library card. for each library card, we store the person's first and last names and their address. for each employee, we store their employee id, current salary, first and last name and their address. we also store the employee id of their current manager. each time we check out a book to a patron we need to store the date of the transaction, the employee who checked out the book to the patron, and the library card of the patron. some employees have library cards. if an employee patron turns in a book late, the fine that they pay is a percentage of their salary. some employees are authors who have library cards—they are allowed to check out as many books as they like.
Answers: 1
Vasguez Corporation had a 1/1/20 balance in the Allowance for Doubtful Accounts of $20,000 CR. Durin...
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