Answer:
The balance of allowance for doubtful accounts is $ 1,880
Explanation:
Computation of balance in Allowance for Bad Debts
Total credit sales $ 47 comma 000
Estimated bad debts as a % of sales 4 %
Balance of Allowance for Doubtful accounts $ 1,880
The balance is based on a % to credit sales basis. The bad debts expense for the year considers the balance in the allowance for doubtful accounts and the accounting entry is an adjustment amount.
The activity that brings in the most foreign exchange to Central Africa is <u>Mining</u>.
<h3>How much mining is done in Central Africa?</h3>
Central African nations such as Central African Republic are well known to have a lot of natural resources.
Minerals available include copper, diamonds, limestone, uranium and others. As a result, mining these minerals brings foreign exchange to the region.
Find out more on international trade at brainly.com/question/15115779.
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I believe the answer is: different
The values of pesos from these spanish speaking countries are different depending on how good their performance in the market.
For example,
1000 mexican peso is equal to +/- 50 USD
1000 Argentine peso is equal to +/- 30 USD
Answer:
Journal Entry
Explanation:
The Journal Entry is shown below:-
Cash Dr, (1,600 shares × $13 per share) $
20,800
To Common Stock (1,600 shares × $ 0.01 par) $16
To Additional Paid in Capital in excess of par-Common Stock $20,784
(Being Issuance of common stock is recorded)
Therefore for recording the issuance of common stock we debited cash and credited common stock and additional Paid in Capital in excess of par common stock
Answer:it helps people business I guess
Explanation:
