1. On December 31, Dunner's Coffee Company reports the following results for its calendar year. Credit sales $ 5,000 Accounts Receivable.. $100,000 debit Allowance for doubtful accounts$ 100 credit balance a. Prepare the adjusting entry to record bad debts expense assuming uncollectibles are estimated to be 2% of credit sales. b. Prepare the adjusting journal entry to record bad debts expense assuming uncollectibles are estimated to be 5% of year-end accounts receivable.
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Business, 22.06.2019 10:40, meillsss
Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?
Answers: 1
Business, 22.06.2019 14:00, bosskid361
Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate
Answers: 1
1. On December 31, Dunner's Coffee Company reports the following results for its calendar year. Cred...
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