At the end of 2016, skysong, inc. has accounts receivable of $768,300 and an allowance for doubtful accounts of $26,300. on january 24, 2017, it is learned that the company’s receivable from madonna inc. is not collectible and therefore management authorizes a write-off of $4,480. (a) prepare the journal entry to record the write-off.

Buyer henry is going to accept seller shannon's $282,500 counteroffer. when will this counteroffer become a contract. a. counteroffers cannot become contracts b. when henry gives shannon notice of the acceptance c. when henry signs the counteroffer d. when shannon first made the counteroffer

Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year

What are the weak points of economic costs that are part of a free enterprise economy?