Answer:
Raining Company and Tanning Company
An Uncollectible Expense of $17,500 will be credited to the Allowance for Doubtful Accounts to bring the credit balance to $20,000.
Step-by-step explanation:
Since the accounts receivable balance is $200,000, there is nothing to do with the credit sales of $1,300,000.
The Allowance for Doubtful Accounts after adjustment should have a credit balance of $20,000 ($200,000 x 10%).
With a credit balance of $2,500 before adjustment, it will be adjusted (credited) with Uncollectible Expense of $17,500. This brings the adjusted balance to $20,000 which represents 10% of the accounts receivable balance of $200,000.
Note that the Allowance for Doubtful Accounts is a contra (credit) account to the Accounts Receivable account. This allowance is a way to prudently provide for credit risk as required by Generally Accepted Accounting Principles.
Answer:
<u>The lowest height at which the two stacks will be the same height is 24 inches.</u>
Step-by-step explanation:
For answering this problem, we have to find out the lowest common multiple of 6 and 8, listing its prime factors, this way:
6 = 3 * 2
8 = 2 * 2 * 2
Now, we multiply each factor the greatest number of times it occurs in either number. If the same factor occurs more than once in both numbers, you multiply the factor the greatest number of times it occurs.
Therefore, we have:
2 : 3 times as prime factor of 8
3: 1 time as prime factor of 6
The lowest common multiple is:
2 * 2 * 2 * 3 = 24
<u>The lowest height at which the two stacks will be the same height is 24 inches.</u>
37 more tickets
explanation:
40 x $5.25 = $210
77 x $5.25 = $404.25
77-40=37
<span>0.6363 is a repeating decimal</span>
Answer:
6,296
Step-by-step explanation:
Multiply 8 by 787
