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lora16 [44]
2 years ago
8

In accounting for uncollectible receivables, the balance in Allowance for Doubtful Accounts will directly impact the amount of t

he adjustment when applying a.the percentage of sales method b.the direct write-off method c.the analysis of receivables method d.both the percentage of sales and analysis of receivables methods
Business
1 answer:
andriy [413]2 years ago
4 0

Answer:

c. the analysis of receivables method.

Explanation:

In accounting for uncollectible receivables, the balance in Allowance for Doubtful Accounts will directly impact the amount of the adjustment when applying the analysis of receivables method.

The uncollectible account for receivables includes loans, credit sales or other debts that the business isn't expecting payment for and they are recorded as bad debt expense on the balance sheet.

The allowance for doubtful account method is used to account for the bad debt expense, and recorded before the bad debt occurs.

Basically, there are two (2) main methods of determining uncollectible accounts for receivables under the allowance method, these are;

1. The analysis of receivables method.

2. The percentage of sales method.

In this scenario, we are more concerned with this;

The analysis of receivables method is used to determine uncollectible account for receivables based on the age of respective accounts receivable.

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Answer:

The answer is " 873,529.412"

Explanation:

Following are the equation which the administration would be responsible for the costs of the maintenance departments:

\to 1,650,000 \times  \frac{1,350}{(1,350+1,200)}\\\\\to 1,650,000 \times  \frac{1,350}{2,550}\\\\\to 1,650,000 \times  \frac{135}{255}\\\\\to 1,650,000 \times  \frac{27}{51}\\\\\to 1,650,000 \times  \frac{9}{17}\\\\\to \frac{14,850,000}{17}\\\\\to 873,529.412

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2 years ago
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How does economic efficiency relate to the gains of consumers and producers? a. It a market economy, when the demand for a good
Lelechka [254]

Answer: Option (D) is correct.

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The area above the supply curve and under the equilibrium price level is known as producer surplus.

Hence, the combine area of consumer surplus and producer surplus have to maximized to have a economic efficiency in an economy.

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morpeh [17]

The given statement is True.

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Ethics are the rules, regulations, principles, that govern a person's behavior or affect how people conduct an activity.

Ethics are something that will be evaluated on the basis of either right or wrong. If a person chooses something which is right, he is exercising ethics.

So when James takes advantage of Ashis's sleep deprivation and forced him to do something which is not right, then this is an unethical behavior. But not only James is engaged in unethical practice, Ashish is also responsible for this unethical conduct, because he should have fought for the right, rather than accepting the James's order because of his sleep deprivation and avoid indulging in a conflict with him.

Learn more about Ethics at

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Slightly intelligent is what the answer is
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