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
Greeley [361]
3 years ago
9

Beautiful Lawns Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various age

d categories of accounts. The Beautiful Lawns Company computes a total of $3,600 in estimated doubtful accounts as of December 31, 2016. Its Accounts Receivable account has a balance of $112,800 and Its Allowance for Doubtful Accounts G a credit balance of $600 before adjustment at December 31, 2016. How much bad debts expense will Beautiful Lawns report in 2016?
a. $480
b. $3,840
c. $3,000
d. $3,360
Business
1 answer:
Nadusha1986 [10]3 years ago
6 0

Answer:

The correct answer is C

Explanation:

The bad debt expense is the expense which is related to the current asset accounts receivable of the company. It is also recognized as the uncollectible accounts expense, which could not collected by the company in the near future.

It result when the company delivered the goods and services on credit and the customer did not paid the amount owed.

So, computing the bad debt expense as:

Bad debt expense = Estimated doubtful account - Credit balance of Allowance for doubtful accounts

= $3,600 - $600

= $3,000

ebts expense is related to a company's current asset accounts receivable. Bad debts expense is also referred to as uncollectible accounts expense or doubtful accounts expense. Bad debts expense results because a company delivered goods or services on credit and the customer did not pay the amount owed.

You might be interested in
Wendy is calculating her tax deductions. She finds that she can deduct $5,522 from medical expenses, $7,240 from
vladimir1956 [14]

Answer:

d. $14,888

Explanation:

Wendy's total deductions will be the sum of $5,522, $7,240, and $2,126.

Total deductions will be $5,522 + $7,240 + $2,126 =$14,888

4 0
3 years ago
Read 2 more answers
MAN FR DOE THIS <a href="/cdn-cgi/l/email-protection" class="__cf_email__" data-cfemail="c6958e86">[email&#160;protected]</a>@ H
AnnyKZ [126]

Answer:

C.

Explanation:

If they had to pay more then the customer will have to pay more

HOPE THIS HELPS!!

5 0
3 years ago
When Zappos focused on aligning and maximizing customer service, distribution, product selection, and other key areas, they were
marissa [1.9K]

Answer:

awdadeadaewdaw

Explanation:

8 0
3 years ago
Nan has extensive experience in ergonomic product design. Though she is not a manager, she is often called on by product manager
garri49 [273]

Answer: Expert power

Explanation: Expert power is the personal power based on expert knowledge whereby the associates or another member of the company clearly have the awareness that the individual's skill and extensive experience will help in solving a particular problem or in decision-making. The person with such power is not necessarily a manager, it could be an employee who has the specialist abilities and proficiency that the others do not have.

However, this type of power gives the person holding it a high reputation and he or she gains some level of trust and respect from the managers, coworkers and the company as a whole.

7 0
3 years ago
A $63,000 machine with a 7-year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with
Free_Kalibri [48]

The incremental annual cash flow associated with the project is $12400

<h3>What is incremental annual?</h3>

Sales resulting from a higher volume of sales are known as incremental revenue. Establishing a baseline revenue level and comparing changes from that point onwards is required to calculate incremental revenue.

<h3>According to the given information :</h3>

Depreciation=[($63,000/7 years)-($75,000/5 years)

Depreciation=$9000-$15000

Depreciation=$6000

Now let calculate the Incremental annual cash flow

Incremental annual cash flow

={($16000-$6000) - [($16000-$6000)*34%]+$6000}

= {(10000)- [10000*34%]+6000}

= {(10000) - 3600+6000}

= {16000-3600}

= $12400

Incremental annual cash flow=$12400

Therefore the incremental annual cash flow associated with the project is $12400

To know more about the incremental annual visit:

brainly.com/question/22784283

#SPJ4

4 0
2 years ago
Other questions:
  • Which purchase would lead to decreasing marginal utility?
    7·1 answer
  • On January 1, Jarel acquired 80 percent of the outstanding voting stock of Suarez for $260,000 cash consideration. The remaining
    7·1 answer
  • According to mercantilism the accumulation of national wealth depended on the
    8·2 answers
  • ofia files a suit against turista airlines, inc. turista responds that it appears from the pleadings that the parties do not dis
    9·1 answer
  • A franchise can be among the more expensive business to start because
    14·2 answers
  • Suppose that Tony Hsieh noticed that Zappos’s customers were no longer willing tov pay full retail prices on shoes. What actions
    12·1 answer
  • The following information relates to the Magna Company for the upcoming year, based on 402,000 units. Amount Per Unit Sales $ 8,
    9·1 answer
  • What step in the investigative process would the development of timelines and interpretation of burn patterns be related to?
    15·1 answer
  • What is global standardization strategy​
    13·1 answer
  • connect academy contracts with states to provide virtual public education. at connect academy, the work groups are divided into
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!