subject
SAT, 08.12.2021 22:10 shyshy6184

At the end of a period (before adjustment), allowance for doubtful accounts has a credit balance of $250. The credit sales for the period total $500,000. If the company estimates uncollectible accounts expense at 1% of credit sales, the amount of bad debt expense to be recorded in an adjusting entry is $4,750.

ansver
Answers: 2

Another question on SAT

question
SAT, 24.06.2019 05:00
Driving on the highway can lead you to the hypnosis of a road, a condition of drowsiness or ignorance, you can avoid this condition
Answers: 3
question
SAT, 25.06.2019 11:30
Explain how earth is like a giant bar magnet. how is our magnetic field made?
Answers: 1
question
SAT, 25.06.2019 12:30
Given: m∠apc = 27°, m dc = 27° find: m ab
Answers: 2
question
SAT, 26.06.2019 05:30
The graph shows the populations of two species over time. which type of symbiotic relationship does the graph represent? a. commensal b. mutualistic c. parasitic d. parent-offspring e. predator-prey
Answers: 1
You know the right answer?
At the end of a period (before adjustment), allowance for doubtful accounts has a credit balance of...
Questions
question
Arts, 27.10.2020 05:20
question
Mathematics, 27.10.2020 05:20
question
Mathematics, 27.10.2020 05:20
question
Biology, 27.10.2020 05:20
question
Business, 27.10.2020 05:20
Questions on the website: 13722363