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KonstantinChe [14]
3 years ago
15

osie Dry Cleaning was started on January 1, Year 1. It experienced the following events during its first two years of operation:

Events Affecting Year 1 Provided $45,000 of cleaning services on account. Collected $39,000 cash from accounts receivable. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account.
Business
1 answer:
neonofarm [45]3 years ago
6 0

Answer:

The Bad Debt expense will be in year 1;

Explanation:

The Bad Debt Expense         $45,000*1%=$450

The journal entry will be

Bad Debt Expense     Dr.$450

Account Receivable  Cr.$450

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LiRa [457]

Answer:

Stephen William Hawking CH CBE FRS FRSA was an English theoretical physicist, cosmologist, and author who was director of research at the Centre for Theoretical Cosmology at the University of Cambridge.

He was born on 8th January 1982 he was born in Oxford, United Kingdom. He grew up at St. Albas,he eldest of four siblings. His father Frank Hawkins, was a research biologist and his mother a medical research secretary, so it was not surprising that he was interested in science.

His mom was Isobel Hawkins who was a Scottish.

He died on 14th March 2018.Hawking's cause of death was likely amyotrophic lateral sclerosis, or ALS, a neurodegenerative disease that wears away at nerve and muscle function over time.

Explanation:

Hope this helps you

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8 0
3 years ago
Read 2 more answers
Carrington Corp. uses a periodic system and the LIFO method. Carrington had beginning inventory of 30 units purchased at $120 ea
dimulka [17.4K]

Answer:

the cost of ending inventory is $1,680

Explanation:

The computation of the cost of ending inventory is shown below:

But first determine the ending units

Ending inventory units is

= 30 units + 34 units + 61 units + 160 units -271 units

= 14 units

Now

The Cost of ending inventory is

= 14 units × $120

= $1,680

hence, the cost of ending inventory is $1,680

And, the same is to be considered

5 0
2 years ago
Online and offline marketing content is meant to drive action, which requires a focus on buyers problems. Effective brand journa
Elena-2011 [213]

Answer:

Stories  

Explanation:

Stories are the stuffs that the people hear about and like to discuss about. Stories are part of the organization culture and are a good means for an organization to affect customer choices because the issues of the customers are highlighted which helps organization to rectify its operations.

7 0
3 years ago
Jasper Furnishings has $225 million in sales. The company expects that its sales will increase 10% this year. Jasper's CFO uses
lions [1.4K]

Answer:

$75,637.5

Explanation:

Sales = $225 million

Growth in sales = 10%

Inventory = $15 + 0.245(Sales)

(sales) S1 = $225,000,000 × 1.10

   = $247,500,000

Inventory = $15 + 0.245 ($247.5)

                = $15 + 60.6375

                = 75.6375

Since this relationship is expressed in thousands of dollars,

Inventory = $75.6375 x $1000

                = $75,637.5

7 0
3 years ago
According to the textbook, which of the following is considered a reason that ERP implementations fail?
Mekhanik [1.2K]

A very good reason that leads to the failure of ERP implementation is the

  • Lack of communication within an organization

<h3>What is  ERP implementation?</h3>

This can be described as the integration of a great number of functions in the business environment.

Some of the functions that are integrated are:

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ERP stands for Enterprise Resource Planning.

Read more on ERP implementation here:

brainly.com/question/16341677

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2 years ago
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