Business, 06.05.2021 22:10, shhells

Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $745,000; Allowance for Doubtful Accounts has a credit balance of $6,500; and sales for the year total $3,350,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $23,400. a. Determine the amount of the adjusting entry for uncollectible accounts.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:10, isaiahmichel93081

Technology corp. is considering a $238,160 investment in a new marketing campaign that it anticipates will provide annual cash flows of $52,000 for the next five years. the firm has a 6% cost of capital. what should the analysis indicate to the firm's managers?

Answers: 2

continue

Business, 22.06.2019 05:20, alexandroperez13

Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?

Answers: 2

continue

Business, 22.06.2019 20:20, wavymoney77yt

Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?

Answers: 1

continue

Business, 22.06.2019 21:00, atkinsonsinbraz

At present, the united states has an embargo against north korea because a. the two countries have extremely poor political relations. b. north korea will not adopt a capitalist government. c. north korean products are too difficult to use. d. north korea has an embargo on american products. e. products from north korea are in higher demand than american-made products.

Answers: 2

continue

Do you know the correct answer?

Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of...