Answer and Explanation:
The computation is shown below:
a.
The amount of the adjusting entry for bad debt expense should be
= $45,000 + $5,400
= $50,400
The journal entry should be
Bad Debt Expense Dr. 50,400
To Allowance for Doubtful Accounts Cr. 50,400
(Being the bad debt expense is recorded)
b.
Accounts Receivable 675,000
Allowance for Doubtful Accounts 45,000
Bad Debt Expense 50,400
c.
Accounts Receivable 675,000
Less: Allowance for Doubtful Accounts (45,000)
Net realizable value of accounts receivable 630,000
Answer:
a. they provide fiber and phytochemicals
Explanation:
According to my research on studies conducted by various scientific professionals, I can say that based on the information provided within the question they are a healthier choice because they provide fiber and phytochemicals. Which are lost on concentrated grape juice because of the added ingredients that it contains. The fibers and phytochemicals provide health benefits since they are common in many modern medicines.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Company
Dec. 31. 2016
Assets
Cash- $191,600
Dec. 31. 2015
Assets
Cash- $204,000
Goods sold for 2016- $724,000
Liabilities
Dec. 31.2016
Accounts Payable- $88,000
Liabilities
Dec. 31. 2015
Accounts payable- $83,600
In order to find the company's total amount of cash payments for 2016, you find the minus the previous assets with the new assets..
Ex. $191,600 - $204,000 = -12,400
Then minus your answer with Goods Sold in 2016
Ex. $724,000 - $12,400 = $711,600
Then, minus the pervious amount of Accounts payable with the new Accounts Payable
Ex. $88,000 - $83,600 = $4,400
New payments for 2016-
Ex. Add $88,000 + $83,600 = $171,600
Then, $171,600 - $4,400 = $167,200
Thus, $167,200 equals the company's total amount of cash payments 2016.
Answer:
Difference= $1,000 increase
Explanation:
Giving the following information:
Selling price per unit: $30
Variable expenses per unit: $21
New selling price= 30 - 2= $28
New units sales= 13,000
<u>First, we need to calculate the current contribution margin:</u>
Total contribution margin= units sold*unitary contribution margin
Total contribution margin= 10,000*(30 - 21)
Total contribution margin= $90,000
<u>Now, the new contribution margin:</u>
Total contribution margin= 13,000*(28 - 21)
Total contribution margin= $91,000
Answer:
<u>tutoring opportunity cost: </u>20,000 consulting job
<u>consulting job opportunity cost:</u> 5,000 + travel from tutoring
<u>collegue:</u> 20,000 consulting job
Explanation:
opportunity cost: cost of the best rejected project, proposal or income
income from work as a consulting job: 20,000
income from tutoring: 5,000 ( externality of travel around the world)
collegue cost of 5,000
The tutorng has an externality of travel around the world. We can measure how much Allison values that chances but it is something she will consider when picking her plan.
