Answer:
$6,500
Explanation:
Allowance for doubtful accounts is a reduction in the total amount of accounts receivable given in the company´s balance sheet. Such an allowance is actually and estimate from the management of the accounts receivables that it doesn´t expect to receive.
Ecuation:
Adjustment = - Beginning balance + Write offs + Ending balance
Adjustment = ($2,700) + $4,800 + $4,400
Adjustment = $6,500
The estimation of the write off from the previous year must be discounted, the added the write off registered during the year plus the estimate at the end of the period.
Answer:
The answer is "You won't lose any answers even if you're using all approved entries".
Explanation:
In the given question there is some mistake in the choices. so, we define only the correct answer.
The above-given choices describe the Its application may also apply to the reports produced so that it can make the quality of the documentation acceptable.
It is just an act that offers someone a document, a proposal, a written document, etc. because it can be considered or accepted. Its state of obedience action of acknowledging another person's authority or power.
Answer:
Taking his RMD in form of shares in a depressed market is a good investment decision. As the price will bound back and he will make more money.
Explanation:
When a traditional IRA holder gets to the age of 72 years he is entitled to required minimum distribution payments. This is not obtainable with other IRA plans.
RMD can be taken as cash or as shares. There is not tax difference between the two options.
Normally cash is better since it is easier to get access to and the beneficiary gets the exact dollar amount.
However when there is a depressed stock market, taking RMD in shares is a better option. Shares are bought and sold when prices appreciate.
This is a better option than selling shares at the low market price.
I think the most appropriate answer would be A.
I hope it helped you!
IRR function for this problem exists 7. 7% and invest in the project.
<h3>What is the IRR function?</h3>
Microsoft Excel exists a spreadsheet designed by Microsoft for Windows, macOS, Android, and iOS. It features calculation or computation capabilities, graphing instruments, pivot tables, and a macro programming language named Visual Basic for Applications.
The Excel IRR function returns the internal rate of return (IRR) for a sequence of cash flows that emerge at regular intervals. Specify the internal rate of return. Return was computed as a percentage. =IRR (values, [guess]).
IRR stands for the interest rate at which the sum of all cash flows equals zero, thus it exists useful for comparing one investment to another. In the initial example, if we substitute 8% with 13.92%, the NPV evolves to 0, and your IRR becomes zero. As an outcome, IRR is described as the discount rate at which a project's NPV becomes zero.
IRR function for this problem exists 7. 7% and invest in the project.
To learn more about IRR function refer to:
brainly.com/question/7920964
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