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Ahat [919]
3 years ago
6

Information related to Mingen back Company for 2015 is summarized below: Instructions: A. What amount of bad debt expense will M

ingen back Company report if it uses the direct write-off method of accounting for bad debts? B. Assume that Mingen back Company estimates its bad debt expense to be 2% of credit sales. What amount of bad debt expense will Mingen back record if it has an Allowance for Doubtful Accounts credit balance of $4,000? C. Assume that Mingen back Company estimates its bad debt expense based on 6% of accounts receivable. What amount of bad debt expense will Mingen back record if it has an Allowance for Doubtful Accounts credit balance of $3,000? D. Assume the same facts as in (c), except that there is a $3,000 debit balance in Allowance for Doubtful Accounts. What amount of bad debt expense will Mingen back record? E. What is the weakness of the direct write-off method of reporting bad debt expense?
Business
1 answer:
Alex Ar [27]3 years ago
5 0

Answer:

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Explanation:

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The factor that contributes to the popularity of cable TV advertising is "wide reach."

Unlike the normal print, newspaper, radio, or local television stations, cable TV advertising can reach a larger audience.

This is evident in the fact that Cable TV adverts can be viewed anywhere in the country and across the globe.

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3 years ago
Instead of spending the weekend working on the research paper due at the end of next week sam decided to spend the weekend going
inna [77]

Answer:

the id

Explanation:

In simple words, the id can be understood as the root of all psychological bravery, as per Freud 's philosophy, rendering it the essential component of identity. The ID is motivated by the concept of immediate satisfaction of all wishes, desires and desires. If these needs are not immediately fulfilled, the effect is a state of discomfort or stress.

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6 0
3 years ago
Venetian Company has two production departments, Fabricating and Assembling. At a department managers meeting, the controller us
olchik [2.2K]

Answer:

Fabricating Department = $136470=   53000 +total 49100 of $1.7 per direct labor hours

Assembling Department = $$ 90,410= 43000 +total 43100  of $ 1.10 per direct labor hours

Explanation:            

<em>When a fixed line intersects a vertical axis at the point of total budgeted cost line represents total cost of the activity . From this we can calculate the following.</em>

                                                          Fabricating            Assembling

Total Cost for 46100 DLH            $131,370                    $93,710

Fixed Costs                                     (53000)                     (43,000)

Variable Costs                               78370                        50,710

Variable Cost Per hour                78370 / 46100          50,710  / 46100

                                                      = $ 1.7                        = $1.10

                                                    Fabricating            Assembling

Total DLH                                        49100                   43100

Variable Cost Per hour                  $ 1.7                          $1.10

Variable Costs                                $ 83470                 $ 47410

Fixed Costs                                     53000                     43,000

Total Budgeted Cost                      136470                    $ 90,410

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3 years ago
Carbohydrates, fats, and proteins, which provide energy
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Answer:

Explanation:

ALL of 3 provide energy

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The story of Clarence Saunders is both inspirational and a cautionary tale. What did he do
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Answer

Clarence Saunders invented self-service shopping, when he opened a grocery store in Memphis, Tennessee on 6 September 1916, under the whimsical name Piggly Wiggly.

Explanation:

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