Answer:
The correct option is D,$15000.
Explanation:
The new computed allowance for uncollectible accounts in the current year is 5% of accounts receivable.
The new allowance is computed thus:
new allowance for uncollectible accounts=5%*$300000
=$15000
Hence the balance of allowance in the uncollectible accounts after adjustment is $15000
The balance in the allowance for uncollectible accounts at the end of the period is usually the newly computed allowance for uncollectible accounts.
In this case it is $15000
Answer: equilibrium price = 4
Quantity of avocado = 110units
Explanation:
Q = 104 - 40p + 20tp + 0.01Y........eq1
Q = 58 + 15p - 20pf...........eq2
pt = $0.80,
Y = $4,000,
pf = $0.40
From eqn1 substituting of into it
Q = 104 - 40p + 20($0.80) + 0.01($4000)
= 104 - 40p + 16 + 40
= 160/40p
p = 4 equilibrium price
From eqn2. Substituting p and pf into it.
Q = 58 + 15p - 20pf
Q = 58 + 15(4) - 20($0.40).
Q = 58 + 60 - 8
Q = 110 quantity of avocado
The banks make the funds available to the employees on THE PAY DAY.
Direct deposit is an electronic method, which is used to pay employees' salaries. It is a better alternative to issuing checks. Banks are mandated to deposit the net pay into the employees' accounts on the pay day, that is, on the day of the month when their salary is usually paid.
24120-2200=21920 to depreciate over 8 yrs. 21920/8=2740/yr. depreciate for 4 yrs (4*2740=10960). 24120-10960 = 13160 remaining to amortize.
13160-2200= 10960 to depreciate over remaining 2 yrs (6 yr total life with 4 yrs already amortized). 10960/2=5480 per yr.
This one is complex so please validate with classmate or teacher
Answer:1 B. Cost Center
2.A. Revenue Centre
3D. Investment Center
4 C. Profit Centre
Explanation:
The duty and power of a centre determined is responsibility centre a unit that is basically involved in production will be responsible for cost, a unit that is involved in sales will be a revenue centre, a unit that combines sales, production and asset will be an investment center and a unit that combines revenue and cost is a profit center.
