Answer:
$226,300
Step-by-step explanation:
Given Allowance for Doubtful Accounts is estimated as $205,000 and Allowance for Doubtful Accounts has a debit balance of $21,300
#The amount of the adjusting entry for uncollectible accounts is calculated as below:
Hence, the amount of the adjusting entry for uncollectible accounts is $226,300
Answer:
ok
Step-by-step explanation:
ANSWER
Quadrant IV
EXPLANATION
The given point have the x-coordinate to be positive and the y-coordinate to be negative.
In general, the point P(x,-y) lies in the fourth quadrant.
The reason is that, this quadrant contains the positive x-axis and the negative y-axis.
See attachment for diagram.
We have that every quarter, he will get an 0.8% interest rate. We also have that there will be 14*4=56 periods of repayment. We have that by the formula, if there are n periods and x% is the interest rate, the capital is multiplied by (100+x%)^n.
Suppose Micah invests x money. Then, we have that after 14 years, the capital available will be C=
. We have that C=18500$ and hence that 18500=x*1.562. Thus, solving for x we have that x=11841$.
Micah will need to invest only 11841$ in order to pay for his boat; this shows the importance of saving since he earns a lot of money, around 7k $.
Answer:
I just finished this in math :) I'm pretty sure it's -3<x<2
