Tanning company analyzes its receivables to estimate bad debt expense. the accounts receivable balance is $390,000 and credit sales are $1,300,000. an aging of accounts receivable shows that approximately 5% of the outstanding receivables will be uncollectible. what adjusting entry will tanning company make if allowance for doubtful accounts has a credit balance of $2,500 before adjustment?

Social computing forces companies to deal with customers as opposed to

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b