Answer:
my place of work is a business
Answer:
Allowance for uncollectible accounts
Explanation:
This account is a contra asset account which says that the account receivable amount is not collected in near future
It is shown in the asset side of the balance sheet
Assets side
Current Assets
Accounts receivable XXXXX
Less: Allowance for doubtful debts (XXXXX)
Net accounts receivable XXXXX
It is an estimated amount which is not to be paid by the customer in respect to goods delivered to them
The journal entry would be
Bad debt expense A/c Dr XXXXX
To Allowance for uncollectible accounts A/c XXXXX
(Being the uncollected amount is recorded)
Answer:
![\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%26%09%26September%26October%26November%5C%5C%26%24sales%266000%266800%265600%5C%5C%26%24Desired%20ending%264760%263920%264270%5C%5C%26%24Total%20Needs%2610760%2610720%269870%5C%5C%26%24beginning%264200%264760%263920%5C%5C%26%24Production%20Requirement%266560%265960%265950%5C%5C%5Cend%7Barray%7D%5Cright%5D)
MISSING INFORMATION ATTACHED
Explanation:
![\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%26%09%26September%26October%26November%5C%5C%26%24sales%266000%266800%265600%5C%5C%26%24Desired%20ending%264760%263920%264270%5C%5C%26%24Total%20Needs%2610760%2610720%269870%5C%5C%26%24beginning%264200%264760%263920%5C%5C%26%24Production%20Requirement%266560%265960%265950%5C%5C%5Cend%7Barray%7D%5Cright%5D)
The sales forecasted plus the desired ending inventory is the complete needs the sales department expect to be fullfill
Then, as the company has a beginning invneotry each period a portion of this needs is already fullfil thus, the difference are the production requirements.
Explanation:
It all depends on the market conventions and the bond documentation.
1 In most countries, traditionally fixed coupon bonds don’t have their coupons day counted. So if the frequency is twice a year, and the annual coupon rate is 5.5%, then each semi-annual coupon is exactly 5.5/2=2.75%. However a lot of other instruments, e.g. fixed swap legs, loans, and bonds that are really “loan participation notes”, etc. usually have their fixed coupons day counted. So each coupon amount will vary a little depending on the number of days in the accrual period, weekends and holidays.