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Illusion [34]
3 years ago
8

The following transactions were completed by Daws Company during the current fiscal year ended December 31:

Business
1 answer:
boyakko [2]3 years ago
4 0

Answer:

Explanation:

The T account is presented below:

                          Allowance for Doubtful Debts  

Jan 29                  $5,850                      Jan 1 Beginning balance $54,200

Aug 9                   $11,850                      April 18                 $4,000

Dec 31                  $52,160                     Nov 7                    $7,000

Dec 31   Unadjusted

              balance    $4,660                

                                                          Dec 31 Adjusting entry   $64,660

                                                          Dec 31 Adjusted balance $60,000

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Answer: $3,580.30 (converted to 2decimal places).

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Explanation:

By using compound interest formula below to solve the question

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r = annual nominal rate = 3%= 0.03

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andrezito [222]
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Answer:

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Explanation:

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Learn more about group boycott here: brainly.com/question/13894564

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3 0
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