Mathematics

Mathematics, 30.09.2019 19:00, brettswain1342

What in determining the reliability of a person with regard to repaying debts?
a. amount of cash
b. number of bank accounts
c. credit score
d. number of tax deductions
e. inflation rate

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Business, 02.10.2019 05:30, brittanysanders

At the beginning of the year, accounts receivable were $158,000 and the allowance for bad debts was $12,900. during the year, sales (all on account) were $614,000, cash collections were $594,000, bad debts expense totaled $18,400, and $13,400 of accounts receivable were written off as bad debts. required: calculate the balances at the end of the year for the accounts receivable and allowance for bad debts accounts. (hint: use t-accounts to analyze each of these accounts, plug in the amounts that you know, and solve for the ending balances.)

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Business, 31.10.2019 10:31, pjgolden04

1. on a bank reconciliation, an unrecorded debit memorandum for printing checks is: a. noted as memorandum only b. added to the book balance of cash c. deducted from the book balance of cash d. added to the bank balance of cash e. deducted from the bank balance of cash 2. on december 31 of the current year, the unadjusted trial balance of a company using the percent of receivable method to estimate bad debt included the following: accounts receivable, debit balance of $95,250; allowance for doubtful accounts, credit balance of $921. what amount should be debited to bad debts expense, assuming 6% of outstanding accounts receivable at the end of the current year will be uncollectible. a. $5,715 b $ 6,636 c. $4,794 d. $ 5,770 e. $5,660 3. attached. all sales are made on credit. based on past experience, the company estimates that 0.6% of credit sales are uncollectible. what amount should be debited to bad debts expense when the year-end adjusting entry is prepared? a company uses the percent of sales method to determine its bad debts expense. at the end of the current year, the company's unadjusted trial balance reported the following selected amounts. a. $1,275 b$1775 c$4,500 d.4,800 e. $5,500 4. a company has $90,000 in outstanding accounts receivable and it uses the allowance method to accound for uncollectibel (before adjustments) in the allowance for doubtful accounts is an $800 debit. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for: a. $3,600 b. $3,568 c. 3,632 d. $2,800 e, $4,400

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What in determining the reliability of a person with regard to repaying debts?
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