Answer:
The question is:
a. Journalize Valley's written off of the uncollectible receivables
b. What is the Account Receivables of Valley at May 31st 2018.
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The answer is:
a.
31 May 2018
Dr Bad Debt expenses 1,100
Cr Account Receivables 1,100
( to written off of the uncollectible receivables)
b.
The balance of Account Receivables as at 31 May 2018: $24,900
Explanation:
a. Because direct written-off method is applied, the uncollectible amount is only recorded when it incurred rather than when it is foreseen. Bad debt expenses is debited and an offsetting credit is recorded straight into Account Receivables account ( instead of Provision for Uncollectible account).
b. The balance at end of May is calculated as:
Ending balance of April + Credit sales in May - Collection of credit sales in May - Uncollectibale amount recorded in May = 19,000 + 22,000 - 15,000 - 1,100 = $24,900.
Answer:
$26,125
Explanation:
[($25,000 x 0.005) x 9 + $25,000]
=$26,125
Zach owe $26,125 as of December 31, 2019 because he did not fail to file - he failed to pay. Hence he owes the 0.5% per month or part of a month failure to pay penalty plus the already outstanding tax amount of $25,000 that he owed.
Confidentiality is the answer you are looking for
Answer:
A) primary research
Explanation:
Primary research is defined as a methodology used by researchers to collect data directly, rather than depending on data collected from previously done research. Technically, they “own” the data.
Primary research is solely carried out to address a certain problem, which requires in-depth analysis.
Companies that specialize in interviewing, observing, recording and analysing the behaviour of those who purchase good and service are called primary research suppliers.
If i right food water and air
