1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tju [1.3M]
3 years ago
9

Hillside Garden Co. uses the aging of accounts receivable method to determine its allowance for uncollectible accounts. On Janua

ry 16, Hillside Garden Co. wrote off an uncollectible account in the amount of $1,300. What effect does the write off have on the company’s financial statements
Mathematics
1 answer:
Dmitry_Shevchenko [17]3 years ago
5 0

Answer:

The answer is: The write off will reduce the Accounts Receivables account in the balance sheet by $1,300.

Step-by-step explanation:

When you use the aging method for determining uncollectible accounts, this will affect the balance sheet.

The January 16 records should be:

  • Dr Allowance for Doubtful Accounts 1,300
  • Cr Accounts Receivables 1,300

The write off will reduce the Accounts Receivables account in the balance sheet by $1,300. The Allowance for Doubtful Accounts account is a contra asset account that reduces the value of assets in the balance sheet.

You might be interested in
What is thirty five sixths times twenty five twelfths
bagirrra123 [75]

Answer: 12.152

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
Pleasee help!!! (brainlest) (15 points)
USPshnik [31]
-1400 + 800 - 350 = - 950 meters
5 0
4 years ago
Read 2 more answers
PLEASE HELP ME !!!!!! I NEED TO GET THIS QUESTION RIGHT !!! Which is the simplified form of x^-12?
tia_tia [17]
x^{-12}= \cfrac{1}{x^{12}}
6 0
4 years ago
What type of function is y=4x^3+2
Rzqust [24]

Answer:

Cubic Function

Step-by-step explanation:

In mathematics, a cubic function is a function of the form f(x)=ax^3+bx^2+cx+d where the coefficients a, b, c, and d are real numbers, and the variable x takes real values, and a ≠ 0. In other words, it is both a polynomial function of degree three, and a real function.

4 0
3 years ago
In order to release energy chemical bonds must be?
Reil [10]

Answer:

You have to put energy into a molecule to break its chemical bonds. The amount needed is called the bond energy. After all, molecules don't spontaneously break

Step-by-step explanation:

5 0
3 years ago
Other questions:
  • you are working to save money for a trip you need to save at least 1000 dollars if you already have 350 saved and you make $8 an
    14·1 answer
  • Find the length s of the arc of a circle of radius 42 inches42 inches subtended by the central angle one seventh radian 1 7 radi
    6·1 answer
  • Alguien me ayuda porfavor
    12·1 answer
  • Let f(x) = 2x – 3 and g(x) = 3x – 2. Find the value.
    9·1 answer
  • Please help me w/H.W please show the work​
    6·2 answers
  • Please help me i’ve tried so many of these and i can’t figure out how to do it
    13·1 answer
  • If I litres of Paint cost R10,00<br>how many will 10 litres of paint<br>cost ?​
    13·1 answer
  • The Questions above.
    12·1 answer
  • Will give brainliest for correct abswer
    8·2 answers
  • 83 - 5y = -6<br> 6x + 2y = -16
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!