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4 years ago

I haven't studied accounting in a well can some one please help me?

1 answer:

3 0

Bad debt expenses 800
Allowance for doubtful account 800

Allowance for doubtful accounts 60
Accounts receivable 60

Allowance for doubtful accounts 75
Accounts receivable 75

Accounts receivable 45
Allowance for doubtful accounts 45

Allowance for doubtful accounts 100
Accounts receivable 100

Accounts receivable 25
Allowance for doubtful accounts 25

Hope it helps!

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Blue Chance Co. sells computers and video game systems. The business is divided into two divisons along product lines. Variable

slamgirl [31]

Answer:

ratio = 7 : 3

Weighted average contribution ratio = 37 %

break-even point = $800,000

sales level = $560,000

Sales level = $240,000

Explanation:

Solution

we know here that contribution margin for computer is express as

contribution margin for computer = $\frac{280000}{700000}$

contribution margin for computer = 40%

and

Contribution margin for VG Systems is = $\frac{90000}{300000}$

Contribution margin for VG Systems is = 30%

ratio = (40 + 30 ) : 30 = 7 : 3

and

Weighted average contribution margin ratio are here

Weighted average contribution ratio = 40% × 0.7 + 30% × 0.3

Weighted average contribution ratio = 37 %

and

break even point in dollars are

break-even point = $\frac{296000}{37}$

break-even point = $800,000

and

sales level are here

sales level for computer = 800000 × 70%

sales level = $560,000

and

Sales level for VG systems: 800000 × 30%

Sales level = $240,000

7 0

3 years ago

In order to understand to concept of information security, the concept of threat, vulnerability, & control. please provide y

vagabundo [1.1K]

Thanks admin for giving such valuable information through your article . Your article is much more similar to https://www.moschinooutletonlinestore.com/moschino-botanical-bear-women-long-sleeves-sweater-pink.html word unscramble tool because it also provides a lot of knowledge of vocabulary new words with its meanings.

7 0

3 years ago

The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows fro

Sophie [7]

Answer:

Balance of payments (BOP)

Explanation:

The balance of payments is referred to details of the transaction that held between two entities either in the same country or outside the country of a particular time period.

when the transaction was done for another country, there is a deduction of credit from the balance of payment and when transaction was done for the same country then credit is added to the BOP

8 0

3 years ago

The marginal revenue product schedule is: * 1 point A) the same whether the firm is selling in a purely competitive or imperfect

Inga [223]

Answer:

B) the firm's resource demand schedule.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

Marginal cost can be defined as the additional or extra cost that is being incurred by a company as a result of the production of an additional unit of a product or service.

Generally, marginal cost can be calculated by dividing the change in production costs by the change in level of output or quantity.

Marginal revenue can be defined as the additional amount of money that is gained or generated by a business firm from the sales of an additional unit of a product or service.

Hence, the marginal revenue product schedule is equal to the firm's resource demand schedule i.e the quantity of goods demanded at different price level at a specific period of time.

7 0

3 years ago

Bob is angry at his company XYZ Corp. since his annual bonus was too small. Bob who has authority to sign checks on behalf of XY

ch4aika [34]

Answer: The bank does not need to pay because of the fictitious payee rule

Explanation:

The fictitious payee rule states that in a scenario whereby a person or a bank collects a negotiable instrument like a check and then pays the check to the fictitious person, the drawer of the check is responsible and the loss doesn't fall on the third party who accepted the instrument or in this case, the bank that cashed the check.

Therefore, based on the explanation above, the option that is true is that "the bank does not need to pay because of the fictitious payee rule".

8 0

3 years ago