On january 1, 2017, novak corp. had accounts receivable of $54,300 and allowance for doubtful accounts of $3,700. novak corp. prepares financial statements annually. during the year, the following selected transactions occurred:
jan. 5 sold $3,600 of merchandise to rian company, terms n/30.
feb. 2 accepted a $3,600, 4-month, 9% promissory note from rian company for
balance due.
12 sold $10,800 of merchandise to cato company and accepted
cato’s $10,800, 2-month, 10% note for the
balance due.
26 sold $12,200 of merchandise to malcolm co., terms n/10.
apr. 5 accepted a $12,200, 3-month, 9% note from malcolm co. for balance due.
12 collected cato company note in full.
june 2 collected rian company note in full.
15 sold $2,000 of merchandise to gerri inc. and accepted a $2,000,
6-month, 13% note for the amount due.

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing​ company: work in process inventory ​$0 raw materials inventory $ 29 comma 000 finished goods inventory $ 40 comma 900 additional​ data: 1. actual manufacturing overhead for january amounted to $ 62 comma 600. 2. total direct labor cost for january was $ 63 comma 600. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no.​ 151, for which total direct labor charges were $ 5 comma 700 ​(1 comma 000 direct labor​ hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 300. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 200. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for​ january

Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?

True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.