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Norma-Jean [14]
3 years ago
10

Why is the white epiphone explorer more expensive

Business
1 answer:
sukhopar [10]3 years ago
3 0
Explores more or its the newest thing they have...
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3 years ago
Read 2 more answers
During Burns Company's first year of operations, credit sales totaled $166,000 and collections on credit sales totaled $118,000.
marusya05 [52]

Answer:

1. Prepare all appropriate journal entries relative to uncollectible accounts and bad debt expense.

1  

Db Bad debt expense_______ 3320  

Cr Allowance for bad debt_________________  3320

 

2  

Db Allowance for  bad debt__ 430  

Cr Account Recevaible_____________________  430

2. Show the year-end balance sheet presentation for accounts receivable.

Account receivable__________47570  

Net account receivable_______44250

Explanation:

Credit sales 166000  

Credir sales 118000  

 

Bad debt losses 2%  

 

Writte off 430  

 

Allowance 3320  

 

 

1  

Db Bad debt expense_______ 3320  

Cr Allowance for bad debt_________________  3320

 

2  

Db Allowance for  bad debt__ 430  

Cr Account Recevaible_____________________  430

 

 

Year end balance___________48000  

Cr Account Recevaible_________430  

Account receivable__________47570  

Allownace for bad debts_______3320  

Net account receivable_______44250  

5 0
3 years ago
Solve the simultaneous equation <br>y+x=4<br>2y-x=5​
beks73 [17]

Answer:

<h2>Value of X = 1</h2>

<h2>Value of y = 3</h2>

Solution,

Using substitution method,

y + x = 4

Move 'x' to the left hand side and change its sign:

y = 4 - x --------> equation (i)

Now,

2y - X = 5

putting the value of y from equation (i)

2( 4 - x ) - X = 5

8 - 2x - x = 5

8 - 3x = 5

- 3x = 5 - 8

- 3x = - 3

The difference sign (-) will be cancelled in both sides

3x = 3

3x/3 = 3/3

X = 1

Value of X is 1

Now, replacing the value of X in equation (i)

y = 4 - x

= 4 - 1

= 3

Value of y is 3

Hope this helps...

Good luck on your assignment...

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​________________ commonly involves sites like twitter and facebook to collaborate with customers.
Jet001 [13]
Social business commonly involves sites like twitter and Facebook to collaborate with customers. The term social business is described by the <span>Professor Muhammad Yunus.
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