Raining Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $200,000 and credit sales are $1,300,000. An aging of accounts receivable shows that approximately 10% of the outstanding receivables will be uncollectible. What adjusting entry will Tanning Company make if Allowance for Doubtful Accounts has a credit balance of $2,500 before adjustment?

Calculate the monthly payment for a $2,500 loan at 9% annual interest for two years. use the formula, m = pm(1 + m)^na/(1 + m)^na - 1 as needed. a. $85.15 b. $105.40 c. $114.21 d. $125.72 calculate the total payback for a $2,500 loan at 9% annual interest for two years. use the formula, m = pm(1 + m)^na/(1 + m)^na - 1 as needed. a. $1,021.80 b. $1,370.52 c. $2,043.60 d. $2,741.04 alice wants to use the stack method to pay down her debts listed in the table below. if she applies an extra $150 a month to her debts, what will be the second debt she targets to pay off and what will be the monthly amount she applies to it? debts interest rate minimum monthly payment debt 1 5.5% $75 debt 2 2.75% $250 debt 3 13.25% $150 a. debt 1, $225 b. debt 1, $375 c. debt 3, $300 d. debt 3, $400 at greenbrier bank, checking account customers earn 0.8% interest a month on their account balances, pay a $0.10 service fee per check, and pay a monthly $2.00 financial charge. calculate the income earned on the checking account for a customer who writes 21 checks and maintains a minimum balance of $1,210. a. $4.27 b. $5.58 c. $6.42 d. $7.35 which statement most accurately compares debit and credit cards? a. both cards deduct from funds currently in a checking account. b. both cards use funds temporarily loaned from a financial institution. c. both cards are processed by the same card system services. d. both carry the risk of overdraft.

If your annual gross income is $62,000 and you have one monthly car payment of $335 and a monthly student loan payment of $225, what is the maximum house payment you can afford. consider a standard 28% front-end ratio and a 36% back-end ratio. also, to complete your calculation, the annual property tax will be $3,600 and the annual homeowner's premium will be $360.

Choose the equation below that represents the line that passes through the point (2, 4) and has a slope of 3. a) y − 4 = 3(x − 2) b) y − 2 = 3(x − 4) c) y + 4 = 3(x + 2) d) y + 2 = 3(x + 4)