Answer:
The correct option is B,$198,000
Explanation:
The balance in allowance for uncollectible accounts was standing at $18,000 and it was decided to write-off $16,000 off the this existing balance,which implies that the balance left in the allowance for uncollectible account to set off against accounts receivable is $2,000($18,000-$16,000).
Invariably,the net realizable value of accounts receivable is $198,000($200,000- $2,000).
The correct option hence is B, $198,000
Being a new home owner, I can tell you a few tax deductibles. They are:
1. Mortgage interest
2. Property taxes
3 Moving costs
Answer:
$90 and $108
Explanation:
The computation of the costs of goods sold is shown below:
At Sales volume of 50 units:
= Selling price per unit × number of units × given percentage
= $3 × 50 units × 60%
= $90
At Sales volume of 60 units:
= Selling price per unit × number of units × given percentage
= $3 × 60 units × 60%
= $108
Simply we multiplied the selling price per unit with the number of units and the given percentage so that the correct amount can come
Answer:
Express warranty.
Explanation:
The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.
A warranty can be defined as a written promise or guarantee made by a manufacturer, lessor or seller about the identity or quality of goods and services or a property to a purchaser, promising him or her to repair or replace it if necessary within a specified time frame.
The Uniform Commercial Code ("UCC") posits that explicit, stated promises by a service provider or business as an express warranty.
An express warranty is typically considered to be an affirmative promise about the quality or characteristics of an item that is being sold to a buyer and as such it is binding and enforceable by law.
In this scenario, the Targus adjustable pedestal is designed to act as an adjustable stand for computer monitors. The reseller specifically states that the stand holds up to 100 pounds. This is an example of an express warranty.
