Answer:
$2,500
Explanation:
The computation of bad debt expense is shown below:-
Total Bad Debt = $130,000 × 3%
= $3,900
Balance of allowance for doubtful accounts after Bad debt Expense = Total bad debt - Allowance for doubtful account credit balance
= $3,900 - $1,400
= $2,500
So, we have applied the above formula.
The same is to be considered
The client will tackle all of the target company's money asset and liabilities, whether or not they may be known at the time of the sale or not. This is, even though a patron is not aware of a corporation's money owed and the time of the sale, they'll still be held accountable for them after the acquisition.
The acquisition gets incorporated into the acquirer's stability sheet, like the purchase of another asset. Financing objects trade (cash, debt, and equity), and the asset and liability accounts rise. No new subsidiary gets created.
Buy acquisition accounting is now the usual way to record the acquisition of a company at the balance sheet of the acquiring enterprise. The assets of the received agency are recorded as property of the acquirer at honest market value. This technique of accounting will increase the fair marketplace fee of the acquiring organization.
An acquisition is whilst one enterprise takes over any other organisation, and the acquiring employer will become the owner of the goal employer. In different words, the received organization now not exists following an acquisition because it has been absorbed by the acquirer. The equity stocks of the acquiring agency continue to change.
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Answer:
peeeeeeepeeeeeepoooooopooooo
Explanation:
pewdiepie yo wassup is the distributor for me and I can come up to that point of the amount I will be doing m and the 66 week will invite you have the opportunity for the best of all time back side and kamil only for a few days to make sure you have your favourite food and food in your own garden area and the server will come to know about your sum and kamil and you can see fakree in a prank or a new channel on your own and kamil has been on his UE since his id and his first video in a year I have to say sorry to the bank and his wife and the rest is a very 777 month old version do not have 6AM 6 or not the other did you call it was yummy but not too good for the price of a prank or somethings else's today before seven instagram accounts restaurant's Instagram and smallville size bar with me and my friends in my house
If this is a true/false question, the answer is FALSE.
It is consumers' responsibility to report fraud when it occurs.
