Answer:
$1,583
Explanation:
Accounts receivables as at 31/12/2021 = $236,000
A/R as at 31/12/2022 :
= Accounts receivables as at 31/12/2021 + increase in AR
= $236,000 + $22,300
= $258,300
Uncollectible accounts = 1% of accounts receivables
= 1% × $258,300
= $2,583
Allowance 31/12/2021 = $8,400
Writes off = $7,400
Therefore,
Allowance = Allowance 31/12/2021 - writes ofd
= $8,400 - $7,400
= $1,000
Hence,
Bad debt expense for 2021 = Uncollectible accounts - Allowance
= $2,583 - $1,000
= $1,583
A.
They don't need child abuse!!
Answer:
The best evaluation for Kenton's research is C) Poor; he has only researched the monetary costs of the career.
Explanation:
Besides monetary costs to him (which was not all that comprehensive as it didn't include training tools, books, etc) there are also non-monetary costs such as time, hard work, and all the other things he must forego while he is focused on becoming a make-up artist.
The career also comes with its perks and advantages. Kenton's work would have been comprehensive if he researched the benefits as well as the risks, and regulatory requirements where there are any.
Cheers
Answer: B. False
Explanation: the statement is false, because If all the tickets are purchased on the internet for $1800($300 each) instead of the list price of $120 each for one ticket, it makes no economic sense to buy on the internet.
Only if buying the tickets on the internet is the same rate or cheaper will it make economic sense.
Hi there!
Answer:
Total cost with gasoline : $ 62.50
Total cost with E85 : $63.33
Explanation:
First, we must calculate the consumption in gallons of each type of fuel.
<em>For gas
</em>
500 miles/28 miles * 1 gallon = 17.86 gallons
<em>For E85 </em>
500 miles/22.5 miles * 1 gallon = 22.22 gallons
With that, all we have to do is calculate the total cost in dollars
.
<em>For gas
</em>
17.86 galons * $3.5/gallon = $62.50
<em>For E85
</em>
22.22 galons * $2.85/gallon = $63.33
