Business, 08.04.2020 19:11 zacharycheyne
Tony's restaurant accepted a visa card in payment of a $175 lunch bill. the bank charges a 4% fee. what entry should tony's make? identify different types of receivables. (lo 1) record basic accounts receivable transactions. (lo 2) prepare entry for allowance method and partial balance sheet. (lo 3, 9) prepare entry for write-off; determine cash realizable value. (lo 3) prepare entries for collection of bad debt write-off. (lo 3) prepare entry using percentage-of-sales method. (lo 3) prepare entry using percentage-of-receivables method. (lo 3) prepare entries to dispose of accounts receivable. (lo 4) 412 8 accounting for receivables (b) larkin company sold its accounts receivable of $60,000. what entry should larkin make, given a service charge of 3% on the amount of receivables sol
Answers: 3
Business, 21.06.2019 20:00
Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction
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Business, 22.06.2019 11:00
%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket
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Business, 22.06.2019 16:10
The brs corporation makes collections on sales according to the following schedule: 30% in month of sale 66% in month following sale 4% in second month following sale the following sales have been budgeted: sales april $ 130,000 may $ 150,000 june $ 140,000 budgeted cash collections in june would be:
Answers: 1
Business, 22.06.2019 19:30
Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above
Answers: 2
Tony's restaurant accepted a visa card in payment of a $175 lunch bill. the bank charges a 4% fee. w...
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