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
Vlad1618 [11]
3 years ago
14

Allowance for Doubtful Accounts has a debit balance of $845 at the end of the year (before adjustment), and an analysis of accou

nts in the customers ledger indicates uncollectible receivables of $15,368. Which entries records the proper adjusting entry for bad debt expense?
Business
1 answer:
egoroff_w [7]3 years ago
5 0

Explanation:

Given that

Debit balance = $845

Uncollectible receivables = $15,368

The Journal entry is given below:-

1.    Bad debt expenses                                        $16,213

            To, Allowance for Doubtful Accounts                    $16,213

(Being bad dept expenses is recorded)

Note

Computation is shown below:-

Debit balance + Uncollectible receivables

= $845 + $15,368

= $16,213

You might be interested in
Adrian owns an older used car that is valued at about $1,000.
Liula [17]

Answer:

Purchasing insurance can help Adrian  minimize  risk. Adrian’s best decision in this case is to  not buy the insurance because the policy is too expensive in relation to the value of his vehicle

0 0
3 years ago
If you need money, what are three alternatives to taking a cash advance on your credit card?
sertanlavr [38]
For me ,I will not taking cash advance on my credit card
3 0
3 years ago
How is the market segmented? at what segment should crescent be targeting?
raketka [301]
Markets are segmented as <span>behavioral, demographic, geographic, and psychographic. The crescent should be targeting the geographic segment

Hope this helps :))</span>
6 0
3 years ago
If there are two lawyers with similar experience and fees, you should make a decision by _____.
mash [69]

Answer:

If there are two lawyers with similar experience and fees, you should make a decision by asking other lawyers for recommendations.

4 0
3 years ago
Read 2 more answers
When an employee evaluates his or her manager low on all performance criteria due to dissatisfaction with the manager's disposit
yarga [219]

Answer:

The employee has most likely committed a <u>Horns error</u>.

Explanation:

The horns error occurs when <u>one attribute</u> of an individual (which may be positive or negative), <u>creates a bias that influences how that individual is perceived overall</u>.

<em>If an employee is dissatisfied with his manager's disposition and this dissatisfaction influences the employee to rate the manager low on all performance criteria, then the employee has committed a horns error.</em>

5 0
3 years ago
Other questions:
  • Hammerstein Corporation offers a variety of share-based compensation plans to employees. Under its restricted stock award plan,
    8·1 answer
  • A man eats chips and dips and burgers and fries, and drinks a couple of shakes. afterward, he goes to the gym and does 90 minute
    9·1 answer
  • What form of intellectual property is a formula, practice, process, design, instrument, pattern, commercial method, or compilati
    12·1 answer
  • Which scenario is an example of a true ethics dilemma? a. Sure-Good Soup Company is thinking about using more expensive organic
    10·1 answer
  • Assume the bonds below have the same term and principal and that the state or local government that issues the municipal bond ha
    12·1 answer
  • On September 1, Year 1, Gomez Company collected $9,000 in advance from a customer for services to be provided over a one-year pe
    13·1 answer
  • When you are considering changing careers, it is important to manage the process to achieve your desired outcome.
    8·2 answers
  • Norris Company declared cash dividends of $60,000 during the year. Cash dividends payable were $20,000 at the beginning of the y
    8·1 answer
  • The price elasticity of demand for lightbulbs is likely to be unit elastic because
    8·1 answer
  • The planning cycle is viewed as a linear process with a sequence of steps; however, it can also be considered cyclical so that a
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!