Business, 31.07.2019 03:20 jxeidy8284
Domino company uses the aging of accounts receivable method to estimate uncollectible accounts expense. domino began year 2 with balances in accounts receivable and allowance for doubtful accounts of $39,590 and $3,020, respectively. during the year, the company wrote off $2,390 in uncollectible accounts. in preparation for the company's year 2 estimate, domino prepared the following aging schedule: number of days receivables % likely to be past due amount uncollectible current $ 56,000 1% 0-30 23,500 5% 31-60 5,360 10% 61-90 2,520 25% over 90 2,200 50% total $ 89,580 what will domino record as uncollectible accounts expense for year 2?
Answers: 2
Business, 23.06.2019 02:10
Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.
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If a society decides to produce consumer goods from its available resources, it is answering the economic question
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Is an image at the top of the page that includes the title
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Business, 23.06.2019 23:30
If people lost confidence in the government in government, which money would have the least value flat money representative money commodity money gold standard
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Domino company uses the aging of accounts receivable method to estimate uncollectible accounts expen...
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