Prior to recording the following, elite electronics, inc. had a credit balance of $1,500 in its allowance for doubtful accounts.

required:
prepare journal entries for each transaction. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

a. on august 31, a customer balance for $250 from a prior year was determined to be uncollectible and was written off.

b. on december 15, the customer balance for $250 written off on august 31 was collected in full.

journal entry worksheet

record the write-off of a certain customer account from a prior year which is not collectible totaling $250.

The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?