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serg [7]
3 years ago
12

Using the aging method of accounts receivable method, $5,800 of the company’s Accounts Receivable are estimated to be uncollecti

ble. At the end of the year, the balance of Accounts Receivable is $108,000 and the unadjusted credit balance of the Allowance for Doubtful Accounts is $660. Credit sales during the year totaled $166,000. What is the current year’s Bad Debt Expense?
Business
1 answer:
djverab [1.8K]3 years ago
6 0

Answer:

$5,140

Explanation:

Data provided in the question:

Uncollectible Accounts receivable = $5,800

Balance of Accounts Receivable = $108,000

Allowance for Doubtful Accounts = $660

Credit sales during the year = $166,000

Now,

Bad debt expense = Uncollectible Receivables - Allowance of doubtful debts

or

Bad debt expense = $5,800 - $660

or

Bad debt expense = $5,140

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Answer:

B. Hybrid manufacturing process

Explanation:

A group of processes that seeks to combine the characteristics and advantages of more than one of the classic processes is known as a <u>Hybrid manufacturing process</u>. In a hybrid manufacturing process, two types of processes are being combined in a single machine. The combined process consists of the features of the both of the processes being performed simultaneously.

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On november 1, gentle company received a $3,000, 6%, three-month note receivable. the cash to be received by gentle company when
adoni [48]
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To solve:
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Interest = Principal x Interest Rate x Time
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Answer:

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Repair shops often use a deceptive practice known as bait and switch.<br> a. True <br> b. False
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Answer:

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mars1129 [50]

Answer:

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Explanation:

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