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
allsm [11]
2 years ago
14

g Oregon Corp. prepares its financial statements annually and has a calendar year end. The adjusted trial balance ( NO MORE ADJU

STING ENTRIES ARE NEEDED) shows the following balances at December 31, 2019 (all accounts have normal balances): December 31, 2019 General Ledger Balances: Bad debt expense $ 100,000 Accounts Receivable 2,000,000 Allowance for Doubtful Accounts 300,000 What amount would be reported on Oregon Corp's balance sheet as the NET accounts receivable (the cash realizable value) at December 31, 2019
Business
1 answer:
Semmy [17]2 years ago
5 0

Answer:

$1,700,000

Explanation:

The computation of the NET accounts receivable (the cash realizable value) at December 31, 2019 is shown below:

= Account receivable - allowance for doubtful debts

= $2,000,000 - $300,000

= $1,700,000

By deducting the allowance for doubtful debts from the account receivable we can get the net account receivable or the cash realizable value

Therefore we ignored the bad debt expense

You might be interested in
Lauren is the owner of a bakery that earns 0 (zero) economic profit. Last year, her total revenue was $145,000, her rent was $12
kow [346]

Answer: The correct answer is " a. $92,000.".

Explanation: The explicit costs are observable, that is, those that we can easily take into account and decrease our operating result (salaries paid to employees, material costs, taxes, etc.)

So her total explicit cost were: $12 000 + $65 000 + $15 000 = $92 000.

6 0
2 years ago
As the burden of taxes grows, the role of the auditor becomes increasingly important to the organization. True or false
Mila [183]

Answer:

False

Explanation:

In the case when the tax burden increased so the role of the auditor is to audit the financial statements of the company and based on this they given the opinion that could be either favorable or unfavorable also they look into the operational effectiveness and efficiency but the role of the auditor is not increasingly important as for the tax purpose the tax accountant should be considered such as Chartered accountant, etc

8 0
2 years ago
A researcher was interested in the relationship between the number of texts sent in a day and the number of e-mails sent in a da
mixas84 [53]

Answer:

A. 14

Explanation:

the researcher claims that the width of the interval would have been smaller if the sample had been different, and in this case different refers to larger. The original sample included only 15 people, so in order to increase the data sample, you must include more than 15 people. That is why 14 doesn't make sense.

3 0
2 years ago
What is productivity?
REY [17]

Answer:

is the process in which an item or good is bringing profit to a business

Explanation:

6 0
2 years ago
Read 2 more answers
The physical work effort by an employee at work is called a:.
RUDIKE [14]
The physical work effort by an employee at work is called physical labor
4 0
1 year ago
Other questions:
  • A work center uses kanban containers that hold 200 parts. To produce enough parts to fill a container, 60 minutes of setup plus
    13·1 answer
  • We only want to consider incremental earnings in the capital budgeting process. incremental earnings are the
    5·1 answer
  • Assuming no direct factory overhead costs (i.e., inventory carry costs) and $3 million dollars in combined promotion and sales b
    11·1 answer
  • The Carbondale Hospital is considering the purchase of ambulance. The TheXarbondale Hospital is considering the purchase of ambu
    7·1 answer
  • Marietta is the product manager at Fireflies Ltd., a company that designs and manufactures clothes and fashion accessories. Noti
    13·2 answers
  • In the adopter categories, the final 16 percent to adopt are similar to innovators in that they do not rely on the norms of the
    6·1 answer
  • When the price of oil ——————
    5·1 answer
  • Refer to the data below to answer the following questions:
    6·1 answer
  • What is the promissory note???​
    10·1 answer
  • Marketing goods and services to the B2B market relies more heavily on advertising than marketing efforts aimed toward the consum
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!