The following information is from the records of Pangolin Camera Shop: Accounts Receivable, December 31, 2017 $24,000 (debit) Allowance for Bad Debts, December 31, 2017 prior to adjustment 500 (debit) Net credit sales for 2017 93,000 Accounts written off as uncollectible during 2017 350 Bad expense is estimated by the aging-of-receivables method. Management estimates that $3,050 of accounts receivable will be uncollectible. Calculate the amount of net accounts receivable after the adjustment for bad debts.
Answers: 3
Another question on Business
Business, 21.06.2019 19:20
Nominal gross domestic producta. is a measure of the overall level of pricesb. measures the value of final goods and services produced within the borders of a given country during a given time period using current pricesc. measures the value of final goods and services produced within the borders of a given country during a given time period corrected for changing pricesd. only changes when the level of output changes
Answers: 2
Business, 21.06.2019 20:30
The link between volume of production and the cost of building manufacturing operations is particularly important in industries characterized byanswers: process innovations.product manufacturing.product innovation.process manufacturing.
Answers: 1
Business, 22.06.2019 12:50
Kendrick is leaving his current position at a company, and charlize is taking over. kendrick set up his powerpoint for easy access for himself. charlize needs to work in the program that is easy for her to use. charlize should reset advanced options
Answers: 3
Business, 22.06.2019 19:50
Which of the following would create the most money? the initial deposit is $6,500 and the required reserve ratio is 20 percent. the initial deposit is $3,000 and the required reserve ratio is 10 percent. the initial deposit is $7,500 and the required reserve ratio is 25 percent. the initial deposit is $4,500 and the required reserve ratio is 15 percent.
Answers: 1
You know the right answer?
The following information is from the records of Pangolin Camera Shop: Accounts Receivable, December...
Questions
Mathematics, 16.08.2020 01:01
Chemistry, 16.08.2020 01:01
Chemistry, 16.08.2020 01:01
History, 16.08.2020 01:01
Mathematics, 16.08.2020 01:01
Mathematics, 16.08.2020 01:01
Mathematics, 16.08.2020 01:01
History, 16.08.2020 01:01
Social Studies, 16.08.2020 01:01
Advanced Placement (AP), 16.08.2020 01:01
Mathematics, 16.08.2020 01:01
