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kherson [118]
3 years ago
14

During the year, Bonita Industries made an entry to write off a $33300 uncollectible account. Before this entry was made, the ba

lance in accounts receivable was $397000 and the balance in the allowance account was $33700. The accounts receivable amount expected to be collected after the write-off entry was
Business
1 answer:
kozerog [31]3 years ago
5 0

Answer:

Net Accounts Receivable $363300

When the allowance for uncollectibles is maintained the allowance for uncollectibles method is used in which allowance for uncollectibles is deducted from the accounts receivables.

Explanation:

If the method of allowance for uncollectibles is used the amount of allowance for uncollectibles is deducted from the accounts receivables.

Bonita Industries

Accounts Receivable  $397000

Less Allowance For  Uncollectible $33700

Net Accounts Receivable $363300

IF the direct write off method is used the bad debts are directly deducted from the accounts receivable.

Bonita Industries

Accounts Receivable  $397000

Less Uncollectibles $33300

Net Accounts Receivable $363700

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Answer:

Semi-indirect organizational pattern is the answer.

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6 0
3 years ago
Regarding a broker's commission, the California Business and Professions Code requires that in the sale of residential property
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Answer:

The remaining part of the question is:

They are set by each broker individually and may be negotiable between the seller and broker.” This clause must be printed:

1. In not less than 8-point boldface type.

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2. In not less than 10-point boldface type.

Explanation:

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4 0
3 years ago
Sherry invests money in stock. Her initial investment is $3,000, and after one month the stock’s value increases by 20%. After a
Ilya [14]

Answer:

Investment worth now = 3,726 dollars

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3 0
4 years ago
Why has caricom produced limited improvements in interregional trade??
Kobotan [32]

CARICOM or the <span>Caribbean Community and Common Market solely reason for existence is to promote the economic integration to guarantee the benefits and shared equitably. The mainly cause for CARICOM in producing limited improvements is because majority of the English speaking  country illustrates the division </span><span>deep linguistic in Caribbean </span>

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3 years ago
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blondinia [14]

Answer:

The statement is True.

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4 years ago
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