Answer:
Balance sheet, what amount should Farley report as allowance for uncollectible accounts?
if we take the final balance of accounts receivable $582000
If the wrotte off difference affects the final balance and we do not register additional expenses. $469000
Explanation:
Credit balance allownace 523000
Allowance for uncollective 3%
Wrotte off 636000
Credit sales 19400000
Allowance for uncollective 3%
582000
Credit balance 523000
Wrotte off 636000
-113000
Allownace for uncollectible 469000
Answer:
A) Product Differentiation
Explanation:
Product differentiation is referred as a strategy which companies or firms use to showcase the abilities which their products have and the competing product does not have. Some go as far as displaying an added advantage which their products have. Forms which this strategy can take may be through price of the product, reliability of the product or location of the product.
C. follow a pathway toward a career goal.
Hope that helped :)
Answer:
$4,522
Explanation:
As the restaurant is not acquired so the amount of $28,000 would be non-deductible
Also if the expenses is incurred so the maximum deduction allowed is in excess of $50,000 is $5,000
Now
= $51,000 - $50,000
= $1,000 reduction
And,
= $5,000 - $1,000
= $4,000 deduction
Now
= $51,000 - $4,000
= $47,000
Now
= $47,000 ÷ 180 months
= $261 × 2 months
= 522
Now total deduction is
= $4,000 + $522
= $4,522
Please see attached image to see the
given data.
The trial balance
totals of the debits and credits are $2,250 debit, $2,250 credit.
<span>$1000 (cash) +
$500 (Equipment) + $750 (Salaries Expense) = $2,250 Debit
$350 (Accounts Payable) + $900 (Capital) + $1000 (Service Fees) = $2,250 Credit</span>
