Business
Business, 15.04.2020 17:34, doritasanchez

Shore Co. provides for doubtful accounts based on 4% of credit sales. The following data are available for 2014.

Credit sales during 2014 $2,422,900

Allowance for doubtful accounts 1/1/14 18,100

Collection of accounts written off in prior years (customer credit was reestablished) 9,200

Customer accounts written off as uncollectible during 2014 31,500

What is the balance in Allowance for Doubtful Accounts at December 31, 2014?

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 02:20, fdasbiad
Larissa has also provided the following information. during the year, the company raised $36 million in new long-term debt and retired $20.52 million in long-term debt. the company also sold $22 million in new stock and repurchased $32.4 million. the company purchased $54 million in fixed assets, and sold $6,107,400 in fixed assets. larissa has asked dan to prepare the financial statement of cash flows and the accounting statement of cash flows. she has also asked you to answer the following questions: 1. how would you describe east coast yachts' cash flows? 2. which cash flows statement more accurately describes the cash flows at the company? 3. in light of your previous answers, comment on larissa's expansion plans.
Answers: 2
image
Business, 22.06.2019 05:30, amandajbrewerdavis
Eliza works for a consumer agency educating young people about advertisements. instead of teaching students to carefully read advertisement claims, she encourages them to develop a strong sense of self and to keep their life goals and dreams separate from commercial products. why might eliza's advice make sense?
Answers: 2
image
Business, 22.06.2019 10:00, dtaylor7755
How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.
Answers: 1
image
Business, 22.06.2019 14:30, dabicvietboi
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
Answers: 1
Do you know the correct answer?
Shore Co. provides for doubtful accounts based on 4% of credit sales. The following data are availab...

Questions in other subjects:

Konu
Biology, 01.09.2019 16:30