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Akimi4 [234]
3 years ago
12

At the end of 2016, safer co. has accounts receivable of $700,000 and an allowance for doubtful accounts of $25,000. on january

24, 2017, it is learned that the company's receivable from madonna inc. is not collectible and therefore management authorizes a write-off of $4,300.
Business
1 answer:
marin [14]3 years ago
3 0
<span>Accounts Receivable before the write off: (700,000-25,000) = 675,000 Accounts Receivable after write off: (700-4300)-(25000-4300)=675,000</span>
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Lostsunrise [7]

Answer:

a. PPI or Producer Price Index because it measures the input used for production.

b. CPI or Consumer Price Index because it measures the cost of common household purchases.

Explanation:

Inflation is general rise in the price level. There are various measures of inflation such as CPI, RPI, CPIX, CPI-CT and core inflation. This inflation measure selection is based on the scenarios by which criteria is made for selection. The businessmen will measure inflation with a different method as compared to a common man.

a. A factory owner will measure the inflation based on PPI. Producer price index measures the change in price of goods sold by manufacturer.

b. A teacher union will measure the inflation as CPI. Consumer price index is the best measure of inflation for a consumer.

8 0
3 years ago
.List 4 things you must consider before choosing vegetable​
USPshnik [31]

Answer:

you should look at the texture of the vegetable and its color!

moreover, be concerned about when you will cook them, if you are gonna cook them next week, buy them next week and not today!

see if they are organic and if the producers have put on any chemicals!

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Explanation:

5 0
3 years ago
Under a municipal revenue bond rate covenant, rates must be set to cover all :_________
stepan [7]

Answer:

D. optional sinking fund deposits

Explanation:

The revenue bond rate convenants needed that the rate should be set for the level that could be enough for covering a facility operation and maintenance also the debt service cost is considered

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7 0
3 years ago
Levi owns a store that sells cooking products to end consumers. He has worked with the same supplier for many years and trusts h
zavuch27 [327]

Answer:

modified rebuy

Explanation:

A modified rebuy takes place when a buyer decides to make another purchase form his/her usual vendor, but the new purchase includes some different items or different characteristics than previous purchases. In this case, Levi is modifying the characteristics of the goods that he usually purchases from his usual vendor.

4 0
4 years ago
Sale of partnership interestThe partners in the Biz Partnership have agreed that partner Mandy may sell her $100,000 equity in t
ddd [48]

Answer:

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Explanation:

The journal entry will be recorded as above. Mandy sold equity worth $100,000, so we will record the entry on transfer of equity by the equity value sold. Now, for this equity value both partners can decide the amount in which one will sell to other, which in this scenario is $85,000.

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