Business
Business, 15.04.2020 01:49, Jenniferojeda2002

Company uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for Bad Debts had a credit balance of $ 1 comma 100. During the year Brinkman wrote off uncollectible receivables of $ 1 comma 900. Brinkman recorded Bad Debts Expense of $ 3 comma 300. Brinkman's year-end balance in Allowance for Bad Debts is $ 2 comma 500. Brinkman's ending balance of Accounts Receivable is $ 19 comma 300. Compute the net realizable value of Accounts Receivable at year-end. A. $ 16 comma 800 B. $ 17 comma 400 C. $ 19 comma 300 D. $ 16 comma 000

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 09:00, puppy5209
Aminor has the legal right to repudiate
Answers: 2
image
Business, 22.06.2019 16:30, cadenbukvich9923
Why is investing in a mutual fund less risky than investing in a particular company’s stock?
Answers: 3
image
Business, 23.06.2019 01:30, goodperson8449
What is the minimum educational requirement for a pediatric psychopharmacologist? a. md b. phd c. bachelors in medicine d. masters in medicine e. psyd
Answers: 1
image
Business, 23.06.2019 02:40, emma2827
Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. the seller announced that the highest bid in excess of $9,500 will be accepted. assume that the competitor's bid x is a random variable that is uniformly distributed between $9,500 and $15,500. suppose you bid $12,000. what is the probability that your bid will be accepted?
Answers: 2
Do you know the correct answer?
Company uses the allowance method to account for uncollectible receivables. At the beginning of the...

Questions in other subjects:

Konu
Mathematics, 26.03.2021 21:30