Answer:
Raining Company and Tanning Company
An Uncollectible Expense of $17,500 will be credited to the Allowance for Doubtful Accounts to bring the credit balance to $20,000.
Step-by-step explanation:
Since the accounts receivable balance is $200,000, there is nothing to do with the credit sales of $1,300,000.
The Allowance for Doubtful Accounts after adjustment should have a credit balance of $20,000 ($200,000 x 10%).
With a credit balance of $2,500 before adjustment, it will be adjusted (credited) with Uncollectible Expense of $17,500. This brings the adjusted balance to $20,000 which represents 10% of the accounts receivable balance of $200,000.
Note that the Allowance for Doubtful Accounts is a contra (credit) account to the Accounts Receivable account. This allowance is a way to prudently provide for credit risk as required by Generally Accepted Accounting Principles.
Answer:
For every one hour, there is 25 of the other side, so 1:25?
Step-by-step explanation:
Distribute the -1 to (x+1)
It decreased by 25% every year.
if you multiply a number by a decimal you will get a smaller number than you originally had. for example, if you multiply 95 by .75 you will get 71.25 it is decreasing but only 25%
Given:
The fees for a day student are $600 a term.
The fees for a boarding student are $1200 a term.
The school needs at least $720000 a term.
To show:
That the given information can be written as 
.
Solution:
Let x be the number of day students and y be the number of boarding students.
The fees for a day student are 
a term.
So, the fees for 
day students are 
a term.
The fees for a boarding student are 
a term.
The fees for 
boarding student are 
a term.
Total fees for day students and boarding student is:
The school needs at least $720000 a term. It means, total fees must be greater than or equal to $720000.
Divide both sides by 600.
Hence proved.
