Answer:
1. Dr Cash 665
Cr Advance from customer 665
2. Dr Cash 685
Cr Other income 685
3. Dr cash 18675
Cr Account receivable 18675
4. Dr Account receivable 9600
Cr Sales revenue 9600
5. Dr Cash 8000
Cr Account receivable 8000
6.Dr Utility expense 395
Utility expense payable 395
7. Dr Supplies 1255
Cr Accounts payable 1255
8. Dr Accounts payable 2600
Cr Cash 2600
9.Dr Salaries and wages expense 12200
Cr Cash 12200
Explanation:
Answer:
Doubtful
Explanation:
The company will record the uncollectible $5,670 of its accounts receivable as a debit to uncollectible accounts expense and a credit to the DOUBTFUL account.
This is evident in the fact that the bad debt allowance method has three main principles which are:
1. Calculate uncollectible receivables
2. Debit bad debt expense and credit allowance for doubtful accounts in the journal entry
3. Debit allowance for doubtful accounts and credit the corresponding receivables account when it is time to write off the account.
The source of energy during the energy investment phase of Glycosis are two ATP molecules.
Explanation:
During the energy investment phase of glycolysis , the energy source comes from two ATP molecules which then results in the formation of the two molecules of glyceraldehyde phosphate.
The two molecules of glyceraldehyde phosphate are then used for the second process of glycosis in which energy is emanated and not invested.
Glycosis is the process that is characterized by the breakdown of enzymes into smaller molecules and constituent elements.
Answer:
gotta start off with how much i love your quackity pfp <3
Explanation:
1. I would suggest putting the education on your parents credit card. A student loan could be a livesaver in the moment, but if it can`t be paid off it will stick to you as future debt. This is especially hard to get rid of if you were having to take out a loan in the first place, because you don`t/didn`t have the money for it.
2. (this one im not as sure about so get a second opinion if you can) If the card was opened as a Target card, then it can only be used for the store assiciated with it. Also known as RedCard, Target cards are specifically for shopping and buying merchandise in that store or any corresponding locations.
Hope this helps ;-;
<u>Solution and Explanation:</u>
Amount realized 22,000 Minus: Basis 89,000 Loss recognized 67000
<u>answer a </u>) Since Karen is single she can guarantee this lose as a common misfortune to a limit of $50,000. Karen won't have the option to guarantee the whole $67,000 that she lost she can just guarantee $50,000.
<u>answer b) </u>Since Karen is recording a joint government form she can guarantee a lose of upto $100,000. Karen will have the option to guarantee the whole loss of $67,000.
<u>answer c )</u> With the stock being bought from another investor as opposed to the sorting out enterprise she can guarantee the whole loss of $67,000 as a captial gain misfortune.
<u>answer d )</u> B. By selling a segment of the stock in one year and the staying stock in one more year Karen could change over the whole misfortune on the deal to a normal misfortune.
