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2 years ago

Which of the following generates revenue for Google?

Business

2 answers:

bekas [8.4K]2 years ago

0 0

Answer:

Explanation:

xxMikexx [17]2 years ago

0 0

Answer:

Explanation:

The sale of advertisements.

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Johnson Company calculates its allowance for uncollectible accounts as 10% of its ending balance in gross accounts receivable. T

Margaret [11]

Answer:

<em>Incomplete question is "2. What journal entry should Johnson record to recognize bad debt expense for 2021? 3. Assume Johnson made no other adjustment of the allowance for uncollectible accounts during 2021. Determine the amount of accounts receivable written off during 2021 4. If Johnson instead used the direct write-off method, what would bad debt expense be for 2021?"</em>

1. Gross accounts Receivable = Allowance Account balance at beginning / 10%

= $30,000 / 10%

= $300,000

2. Year Account Title Debit Credit

2021 Bad debt expense $105,000

($500,000*10% + $55,000)

To Allowance for Doubtful Accounts $105,000

3. Accounts receivable written off = Beginning balance of Allowance Account - Ending Balance of Allowance account

= $30,000 - (- $50,000)

= $30,000 + $50,000

= $80,000

4. Bad debt expense for 2021 (direct write off method) = Amount written off = $80,000

4 0

2 years ago

In a study to investigate the effects of alcohol on reflexes, some students were given three bottles of beer and some were given

Hatshy [7]

Idk I’m so clueless what are the choices

3 0

2 years ago

Identify and describe the purpose of the 3 types of employment forms.

Lilit [14]

Answer: Employee, worker and self-employed.

Explanation: An employee is an individual who has entered into or works (or worked) under the terms of a contract of employment.

A Worker A worker who is not an employee works under a contract whereby the individual.

A self-employed is the state of working by themself not as a employee .

5 0

2 years ago

Read 2 more answers

On January 1, a company issues bonds dated January 1 with a par value of $380,000. The bonds mature in 5 years. The contract rat

Pavlova-9 [17]

Answer:

See explanation

Explanation:

Selling Price of Bonds =396,210

Journal Entry

Date Account Title and Explanation Debit Credit

1 Jan Cash $396,210

Bond payable $380,000

Premium on bond payable $ 16,210

(To record issuance of bond)

Working

Premium On Bonds Payable = Selling Price of Bonds - Value of Bonds

= $396,210 - $380,000 = $ 16,210

Interest payment:

Semi-annual interest = 7%× 380,000× 1/2 =13,300

Date Account Title and Explanation Debit Credit

June 30 Bond interest expense $13,300

Cash $13,300

(To record semi annual interest paid on bond)

4 0

2 years ago

When an interest-bearing note is dishonored at maturity and ultimate collection is expected, the entry for the dishonoring, assu

tresset_1 [31]

Answer:

The correct answer is C. a credit to Notes Receivable and Interest Revenue.

Explanation:

When this registration is made, what occurs is to decrease the obligation they have with our organization, and an increase in income due to the recognition of the interests effectively recognized at the expiration of the obligation. Dishonoring the note means recognizing that we no longer have a callable value, and that the value receivable is extinguished as a result of the end of the agreed period of permanence.

8 0

3 years ago

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