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icang [17]
3 years ago
9

Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $25,000. If the

balance of the Allowance for Doubtful Accounts is $8,000 debit before adjustment what is the amount of bad debt expense for that period?a. $25,000b. $8,000c. $33,000d. $17,000
Business
1 answer:
pav-90 [236]3 years ago
5 0

Answer:

c. $33,000

Explanation:

The computation of the bad debt expense is shown below:

= Estimated uncollectible amount + debit balance of allowance for doubtful accounts

= $25,000 + $8,000

= $33,000

To find out the bad debt expense, we have to add the estimated uncollectible amount and the debit balance of allowance for doubtful accounts so that an accurate amount can come.

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Based on the amount of raw materials requisitioned, the journal entry to debit the Manufacturing Overhead would be $4,000.

<h3>What amount would be debited to manufacturing overhead?</h3>

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This is why it is the indirect material amount of $4,000 that will be debited to the manufacturing overhead account.

Find out more on manufacturing overheads at brainly.com/question/13312583.

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2 years ago
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shusha [124]
I think the most appropriate answer would be "Value".


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5 0
3 years ago
If it proves possible to make abnormal profits based on information regarding past stock prices, then the market:___________
Alla [95]

Answer:

a. is weak-form efficient

Explanation:

A weak-form efficient market postulates that the present price of a stock reflects previous all data from past prices.

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4 0
3 years ago
In 2 or 3 sentences, explain what determines the allocation of resources and distribution of goods in a market economy versus a
photoshop1234 [79]

Answer:

Explanation:

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6 0
3 years ago
he Heating Division of Kobe International produces a heating element that it sells to its customers for $45 per unit. Its variab
tigry1 [53]

Answer:

$45 per unit.

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The minimum transfer price is the price that is acceptable to the transferring division and out out of a range of acceptable prices, it is that price the would be the best for the company.

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3 0
3 years ago
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