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TiliK225 [7]
2 years ago
15

Assuming that you’re recording the transactions on the first page of the journal, the page entry at the top right side of the jo

urnal should be
A. One.
B. J.
C. J1.
D. 2.
Business
1 answer:
OverLord2011 [107]2 years ago
7 0
The page entry at the top right side of the journal should be <span>J1.

Hope this helps!!</span>
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During the​ year, credit sales amounted to​ $820,000. Cash collected on credit sales amounted to​ $780,000, and​ $15,000 has bee
Katena32 [7]

Answer:

The ending balance in the Allowance for Bad Debts is​ 20,500 CREDIT

Explanation:

The ending balance of Allowance for bad debts would be the 2.5% of sales

The adjustment is made to get the allowance for Bad Debt match the estimate uncollectible ammounts.

Notice it state <em>"company adjusted for bad debt expense"</em>

This means<u> it debit this account as much as it needed to be</u> to make allowance match the estimate allowance.

The write-off are transaction durign the period. They are irrelevant

So the ending balance is:

<em>2.5% of credit sales of 820,000 = $20,500</em>

It is important to remember that <u>Allowance is a counter-asset account</u>. His <em>normal balance is credit</em>, so the<u> final balance is credit.</u>

3 0
2 years ago
What are four important factors to remember before making a career decision?
olya-2409 [2.1K]

Answer:

To make a career decision you need to focus on four really important things.

1. You should know what interests you and what do you want to keep on pursuing in the future.

2. Evaluate your skills that are you even capable of doing that work that interests you or are you suitable for some other work.

3. Work attitudes, meaning that do you really have the attitude for the work?

4. Training and Education, this means that are you qualified enough for that specific work.

Explanation:hope it helps

7 0
3 years ago
An article in the Economist on the Irish economy​ argues, Irish​ progress, both economic and​ fiscal, is typically measured usin
anygoal [31]

Answer:

GDP is the value of the total production of final goods and services produced within a country (in this case Ireland), while Gross National Product (GNP), in this specific case, is the value of the total production of final goods and services produced by residents of the Ireland (individuals or businesses).

Since several corporations have international headquarters in Ireland due to special tax regimes, e.g. Apple, Microsoft, Google, Intel, Pfizer, FB, etc., and many of those corporations manage all their world trade (except local trade in the US) through those offices, they are very large and wealthy.

4 0
2 years ago
Among the costs Kunee Company incurred during the month of August were the following: $15,000 - coolant used in the headquarters
uranmaximum [27]

Answer: Option (B) is correct.

Explanation:

Given that,

Coolant (used in the office air-conditioning system) cost  = $15,000

Property taxes on factory building = $45,000

Depreciation on trucks = $10,000

Salary paid = $2,000

Period cost = Coolant cost + Depreciation on trucks

                   = $15,000 + $10,000

                   = $25,000

6 0
3 years ago
Why do I have to pay
Alex Ar [27]

Answer:

Pay for what?

Explanation:

Most things require you to pay a fee.

4 0
3 years ago
Read 2 more answers
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