On january 1, year 2, grande company had a $71,800 balance in the accounts receivable account and a $3,100 balance in the allowance for doubtful accounts account. during year 2, grande provided $194,000 of service on account. the company collected $234,500 cash from accounts receivable. uncollectible accounts are estimated to be 1% of sales on account. the amount of uncollectible accounts expense recognized on the year 2 income statement is:

Which is the correct expansion of the term internet? a. internetwork b. institutional network c. instructional network d. international network

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.

Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.