Business, 20.09.2019 16:30 josephbrowne9p18dit
On january 1, 2019, the balance in tabor co.'s allowance for bad debts account was $13,181. during the first 11 months of the year, bad debts expense of $21,916 was recognized. the balance in the allowance for bad debts account at november 30, 2019, was $9,726. required: a. what was the total of accounts written off during the first 11 months? (hint: make a t-account for the allowance for bad debts account.) b. as the result of a comprehensive analysis, it is determined that the december 31, 2019, balance of the allowance for bad debts account should be $9,392. show the adjustment required in the journal entry format. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.) c. during a conversation with the credit manager, one of tabor's sales representatives learns that a $1,242 receivable from a bankrupt customer has not been written off but was considered in the determination of the appropriate year-end balance of the allowance for bad debts account balance. what is the effect of write-off on 2019 net income? increase decrease no effect
Answers: 3
Business, 22.06.2019 00:30
Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years
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Business, 22.06.2019 13:10
Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
Answers: 3
Business, 22.06.2019 17:30
After the embarrassing sign incident at the restaurant you own, you decide to offer employees a six-week fundamental writing skills workshop. a local business communication instructor, who has experience teaching writing skills at treleaven community college, will facilitate the sessions. to encourage employees to attend these optional sessions, write an email that explains why you’re offering the workshop and why employees should participate.
Answers: 2
Business, 23.06.2019 00:30
What level of measurement (nominal, ordinal, interval, ratio) is appropriate for the movie rating system that you see in tv guide?
Answers: 2
On january 1, 2019, the balance in tabor co.'s allowance for bad debts account was $13,181. during t...
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