1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivenika [448]
3 years ago
8

When using the analysis of receivables method for estimating uncollectible receivables, the amount computed in the analysis is u

sually the amount that would be recorded in the end-of-period adjusting entry.A. True.B. False
Business
1 answer:
kirill115 [55]3 years ago
6 0

Answer:

A) True

Explanation:

When you use the analysis of receivables method for estimating uncollectible receivables you will use the age of the accounts receivables in order to determine whether or not they should be considered bad debt. Usually the company establishes a threshold, e.g. 6 months, and all the accounts receivables that have not been collected by that threshold are classified as estimated bad debt.

Under this method, estimated bad debts should equal the adjusted balance for allowance of doubtful accounts.

You might be interested in
The simplest and most effective way to lay out your business structure is to include
BigorU [14]
The answer is to lay out or include your business plan, it is because including your business plan is a means of showing your step by step or a way of showing a process towards the goals and the structure you want for your business in means of carrying out and attaining the things you want in your business.
4 0
3 years ago
The emergency food assistance program distributes ___________ for home and institutional use. funds to buy food meals grocery st
GalinKa [24]
Food. Is there anything else to this?
4 0
3 years ago
Which employee is the business, management, and administration career cluster who would most likely work in a cubicle
Luden [163]
I would say Sales Representative because a receptionist works front desk mail clerk does mail accountant has its own office
7 0
3 years ago
Read 2 more answers
"Investment X offers to pay you $5,800 per year for 9 years, whereas Investment Y offers to pay you $8,600 per year for 5 years.
Butoxors [25]

Answer:

Present value of investment X = $41,225.37

Present value of investment Y = $37,233.50

Explanation:

The present value of the cash flows can be found by discounting the cash flows at the discount rate.

This can be found using a financial calculator

Cash flow each year from year 1 to 9 for investment X = $5,800 

Discount rate = 5%

Present value = $41,225.37

Cash flow each year from year one to year 5 for investment Y = $8,600 

Discount rate = 5%

Present value = $37,233.50

I hope my answer helps you

5 0
3 years ago
Describe the relationship between farmers and co-operative​
Alecsey [184]

Answer:

An agricultural cooperative, also known as a farmers' co-op, is a cooperative where farmers pool their resources in certain areas of activity. ... Supply cooperatives supply their members with inputs for agricultural production, including seeds, fertilizers, fuel, and machinery services.

Explanation:

5 0
2 years ago
Other questions:
  • EXCESS CAPACITY Williamson Industries has $7 billion in sales and $1.944 billion in fixed assets. Currently, the company’s fixed
    14·1 answer
  • The Wagner Act of 1935 is grounded in which of the following principle beliefs regarding conflict?
    7·1 answer
  • Timothy Carter went out to eat with his girlfriend at a fancy restaurant. When he tried to pay the bill with his Mastercard cred
    11·1 answer
  • CHEGG The adjusted trial balance of Bramble Corporation at December 31, 2022 includes the following accounts: Retained Earnings
    15·1 answer
  • The statement, "With its 25 percent market share, this is the best-selling laser printer on the market today," is an example of
    7·1 answer
  • In the financial year 2016, for every $100 in revenues, Microsoft earned $21.5 in profit, while Apple earned $20.6 in profit. Th
    9·1 answer
  • Rhett made his annual gambling trip to Uwin Casino. On this trip Rhett won $250 at the slots and $1.200 at poker. Also this year
    5·1 answer
  • Which of the following statements accurately explains why profits for firms in a perfectly competitive industry tend to vanish i
    11·1 answer
  • Johna's Plant Nursery Company pays the salaries of its two employees. How will this transaction affect the accounting equation?
    8·1 answer
  • Which of these can prevent an accident in the workplace?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!