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emmasim [6.3K]
3 years ago
8

A company that uses the allowance​ method, writesminusoff a receivable of $ 6 comma 000. Prior to the journal​ entry, the credit

balance in the Allowance for Uncollectible Accounts was $ 19 comma 432 and Accounts Receivable were $ 2 comma 005 comma 000. After the entry to writeminusoff the receivable is​ made, the net realizable value of Accounts Receivable will​ be: _______
Business
1 answer:
o-na [289]3 years ago
3 0

Answer:

The net realizable value of Accounts Receivable = 1,985,538

Explanation:

The journal​ entry will be: Allowance for Uncollectible Accounts (Debit - Decreased) 6,000 and Accounts Receivable (Credit - Decreased) 6,000.

After the journal​ entry the credit balance in the Allowance for Uncollectible Accounts will be: 2,005,000 - 6000 = 1,999,000, and the debit balance in Allowance for Uncollectible Accounts will be: 19,462 - 6,000 = 13,462.

Then net realizable value of Accounts Receivable will be: 1,999,000 - 13,462 = 1,985,538.

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Target posts signs in its stores and posts ___________on products or displays to help consumers gather information or discounts.
zalisa [80]

Answer:

QR stands for Quick response  codes

Explanation:

QR defined as the Quick response code, which is a kind or the type of the barcode, that is only read by the digital device and the stores information.

It is used in order to track the information regarding the products and mostly used for the campaigns of advertising and marketing.

Therefore, the target post signs in the posts and the stores, the QR codes on the products.

6 0
3 years ago
The City of Breukelen maintains a rapid transit system, which is accounted for in a proprietary fund called Breukelen RTS. Based
mestny [16]

Answer:

                               The City of Breukelen

                                     Breukelen RTS

      Statement of revenues, expenses, and changes in net position

                    For the year ended December 31, 2019

Particulars                                           Amount$         Amount$

<u>Revenues</u>

Operating Revenue                                                    3,150,000

<u>Operating Expenses</u>

Train operating expenses                     2,430,000

Track and maintenance expenses        565,000

Depreciation expenses                          <u>325,000</u>

Total operating expenses                                          <u>3,320,000</u>

Operating loss                                                             (170,000)

<u>Non-Operating revenue (Expenses)</u>

Investment income                                   50,000

Interest expenses                                     <u>320,000</u>

Total Non-operating (expenses)                                 <u>(270,000)</u>

Loss before transfer                                                     (440,000)

Transfer from City of B                                                  <u>500,000</u>

Change in net assets                                                     60,000

Total net position (beginning)                                       <u>7,430,000</u>

Total net position (ending)                                           <u>7,490,000</u>

6 0
3 years ago
Glenda is in the ninth grade, and she loves to write and share events that take place around her. She wants to become a journali
madam [21]

Answer:

D

Explanation:

This will help her develop journalism skills at a younger age

4 0
3 years ago
Price Per Unit Quantity Supplied Quantity Demanded $10 100 295 11 150 275 12 190 250 13 220 220 14 245 180 15 265 135 If a techn
Contact [7]

Answer:

$12

Explanation:

Equilibrium price is price at the point where quantity supplied equals the quantity demanded.

Please check the attached image for a table showing how equilibrium was found

6 0
3 years ago
An attractive business climate is defined by only one dimension: it minimizes the political risk to a company.
kari74 [83]
I believe the correct answer is false. <span>An attractive business climate is not defined by only one dimension: it minimizes the political risk to a company. Other than this, there are other indicators present. Hope this answers the question. Have a nice day.</span>
4 0
3 years ago
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