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MrRa [10]
4 years ago
5

At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $300,000 and in Allowance for Uncollectible A

ccounts of $660 (credit) before any adjustments. An analysis of Amy Jo's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 5% of accounts receivable. Bad debt expense for the year should be:
Business
1 answer:
solmaris [256]4 years ago
8 0

Answer:

300,000 × 2% = 15,000

15,000 + 660 = 15,660

The correct answer is $15,660

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Clark enjoys fishing and hunting. He divides his leisure hours between the two outdoor activities. Suppose we were to draw Clark
evablogger [386]

Answer: please look at the Explanation for the answer

Explanation:If Clark’s indifference curves are bowed inward, then, the rate at which he is willing and ready to give up an hour of hunting for an hour of fishing will change with respect to how many hours of each outdoor activity he has done.

For example, if Clark has spent

time fishing in one week, he will be more willing to give up an hour of fishing for an hour of hunting than if he hasnt spent time fishing that week.

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3 years ago
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3 0
4 years ago
Before paying an invoice for goods received on​ account, the controller or treasurer should ensure that A. the company has not a
nalin [4]

Answer:

The answer is: D) All of the above

Explanation:

The person in charge of paying invoices (usually the treasurer of the company) should always make sure that:

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7 0
4 years ago
Describe at least two advantages a large company has over a smaller company. (1-4 sentences.
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4 0
3 years ago
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The Filling Department of Lilac Skin Care Company had 4,000 ounces in beginning work in process inventory (70% complete). During
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Answer:

Direct Materials = 49,000 units

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<em>Hi, your question is incomplete. I have uploaded the full question as image below.</em>

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7 0
3 years ago
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