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nexus9112 [7]
3 years ago
15

At the end of 2020, Ivanhoe Co. has accounts receivable of $740,700 and an allowance for doubtful accounts of $71,600. On Januar

y 24, 2021, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write-off of $6,300. On March 4, 2021, Ivanhoe Co. receives payment of $6,300 in full from Megan Gray.
Prepare the journal entries to record this transaction. (Credit account titles are automatically indented when amount is entered.
Business
1 answer:
Mila [183]3 years ago
6 0

Answer:

Altogether, there is $824,900 recieved!

Explanation:

Please mark brainliest! Have a nice day!

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You are a communication designer for a design company. Your team is working on a project designing an interior office space for
Alexxx [7]

This is incomplete because the question is missing, here is the missing question and options:

Which phase of team development does this situation describe?

A. Performing

B. Norming

C. Forming

D. Storming

The answer to this question is B. Norming

Explanation:

In team development, norming is the third stage in the process of creating a team and making its members work together. This stage occurs after members have known each other (forming) and had solved their problems (storming). Due to this, during this stage members are able to work together and there are clear roles, which facilitates communication and adaptation. This stage is the one described because roles have been defined "everyone is taking on leadership functions related to their roles" and it seems the integration after three months facilitates communication and changes "report back to the rest of the team and smoothly adjust the project plan."

4 0
3 years ago
Do you already demonstrate some ways of being financially responsible? In the text box below, write a brief statement about the
Fed [463]
Financial responsibility can be shopping or buying stuff from stores.
8 0
3 years ago
Read 2 more answers
Tangerine Inc. is evaluating a capital project for investment. The initial cash outflow in Year 0 is $1,500 followed by cash inf
irina [24]

Answer:

Terminal value

= 500(1+0.12)3 + 500(1+0.12)2 + 500(1+0.12)1+ 500(1+0.12)0

= 500(1.12)3 + 500(1.12)2 + 500(1.12)1 + 500(1.12)0

= 702.464 + 627.2 + 560 + 500

= $2,389.66

The correct answer is E

Explanation:

Terminal value is a function of number of years cashflow for each year can be re-invested at the appropriate discount rate. The cashflow for year 1 can be re-invested for 3 years since the life of the project is 4 years. cashflow for year 2 can be re-invested for 2 years, cashflow for year 3 can be re-invested for 1 year and cashflow for year 4 can be re-invested for 0 year.

8 0
3 years ago
Refer to Table 8-16. Given the information above, what can we say has happened in the economy from 2019 to 2020
Airida [17]

We can say the price level has risen in the economy from 2019 to 2020.

In the U.S., growth is expected to slow to 2% in 2020 from 2.3% in 2019 and fall further to 1.7% in 2021 (2020 growth compared to October WEO 0.1 percentage point decrease).

Real GDP fell by 3.5% in 2020 (from the 2019 annual level to the 2020 annual level) compared to a 2.2% increase in 2019 (Table 1).

The outbreak led to a sharp contraction in the economy in March 2020, resulting in real GDP contracting by 5.1% annualized in the first quarter and 31.2% in the second quarter.

Learn more about the economy at

brainly.com/question/1106682

#SPJ4

8 0
1 year ago
The head of an advertising agency predicts that the client's sales will double within six months after the new advertising campa
finlep [7]

Answer:

It is a prediction made from the results of some data that have been taken as the basis of an investigation.

Explanation:

A hypothesis is a conjecture or assumption made from a sample of data that serves as the basis for initiating an investigation, and its results yield what can be expected upon execution.

6 0
3 years ago
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