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
Natasha2012 [34]
3 years ago
11

Estimating Allowance for Doubtful Accounts

Business
1 answer:
sp2606 [1]3 years ago
5 0

Answer:

Allowance for doubtful accounts    $ 106106 using the aging method

Explanation:  

<u>Evers Industries </u>

<u>Estimate of Allowance for Doubtful Accounts </u>

                          Balance         Not Past    Past Due  (days)

                                                    Due          (1-30)   (31-60)   (61-90)  (Over 90)

Total

Receivables        1,124,500   607,400   233,000  121600   96500   66000

Percentage

<u>Uncollectible                            1%             3%           12%         30%      75%     </u>

Allowance for                         6074          6990      14592     28950  49500

doubtful accounts    106106

<em>We multiply each percent with the amount given and then add them all to get the total which is $106106 based on aging method.</em>

You might be interested in
The philosophical methods of moral reasoning suggest that once we have ascertained the facts, we should ask ourselves certain qu
expeople1 [14]

Answer:

A

Explanation:

Which course of action maximizes my net benefits? should not be asked because it does not uphold the rights, values and legal contract of the larger society and does not act in the best interest of others.

8 0
2 years ago
identify the early developments in europe as having either contributed or not contributed to the rise of industrial wage labor.
dolphi86 [110]

Some developments that contributed to the increase in salaried work in Europe were:

  • Factory growth
  • Devaluation of agricultural and manual work
  • Displacement from rural to urban areas

Industrialization in Europe was a process that began in the 18th century with the industrial revolution. This event was promoted by some social, economic and cultural aspects that allowed the overcrowding of the industry such as:

Factory growth: Factory owners increased the supply of products and people increased the demand for which it was necessary to found new factories and hire more salaried labor.

Devaluation of agricultural and manual work: With the development of machines, products produced manually were devalued because it was more profitable to manufacture large quantities of a single product with the help of machines than in the traditional way. This caused many artisans to be employed in the factories.

Displacement: When agricultural work stopped being profitable for many families, they had to emigrate to the big cities and work in industrial factories to survive.

Note: This question is incomplete because the options are missing. However, I can answer it based on my prior knowledge and general knowledge.

Learn more in: brainly.com/question/18745839

7 0
2 years ago
You know the _____ method of budgeting is being employed after hearing an experienced marketing department manager respond to a
Marianna [84]

Answer:

Arbitrary allocation.

Explanation:

Arbitrary allocation is a method where costs budgeted are not based on any precise measurement,hence accurate costs could not be arrived at.

This approach to budgeting breeds inefficiencies as the accurate budgeting is expected to lead to accurate costing of products as well as pricing.

All in all,the true profitability of a business cannot be ascertained.

Finally,the organization adopting this type of approach needs to change to other accurate methods of budgeting such incremental or rolling budgeting.

3 0
3 years ago
Read 2 more answers
Opportunities for college graduates in international business continue to decrease as it gets more expensive to travel abroad.
n200080 [17]

The correct answer is; False.

Further Explanation:

This is a false statement. College graduates actually have more opportunities to work in international businesses. Travel costs are decreasing and people are finding cheaper places to live abroad. Many recent graduates stay in hostels, shared rooms, and may even get a living allowance from the company they are working for. For travel, people are using points and reward programs to get discounted tickets. Some countries will even pay for the work visa if the employee signs a contract to work exclusively for the company for a certain time period.

There are numerous international jobs for graduates that are wanting to live abroad. Here is a list of some of the jobs available for recent graduates;

  • English teachers
  • Banking
  • Managerial positions
  • Lawyers
  • Nurses
  • Doctors

There are even jobs for people with no college degree to work internationally. Here is a list of a few jobs for those workers;

  • Au pair
  • Bartender
  • English teacher (some places do not require a teaching degree)
  • Remote work online
  • Travel blogging
  • Yacht sailing

Learn more about working abroad at brainly.com/question/14774633

#LearnwithBrainly

8 0
3 years ago
When building a new residential development or mall, a national real estate organization typically does not remove many trees, b
lord [1]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.


The <span>management philosophy is known as  is sustainability. 

</span><span>Sustainability is defined as economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs.</span>
5 0
3 years ago
Read 2 more answers
Other questions:
  • The AW Direct trucking company recently had to terminate one third of its employees and restructure various divisions. Some empl
    13·1 answer
  • Suppose you are in the T-shirt business. The cost of your ink supplies increases as the quantity of T-shirts produced decreases.
    10·1 answer
  • On January 21, 2019, Cressent, Inc. received merchandise from Neptune, Inc. On that date, Cressent found a few of these goods to
    7·1 answer
  • In a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel
    12·1 answer
  • Mintzberg characterized managers' interaction with people both inside and outside of their work units as their _______ roles.
    6·1 answer
  • Econo Nation started 2008 with no national budget debt or surplus. By the end of 2008, it had a budget surplus of $304 million;
    13·1 answer
  • 3. What does the segment suggest to guard against employee misuse of workplace technology? *
    14·1 answer
  • Chuck has AGI of $70,000 and has made the following payments State income tax $1,900 Federal income tax $7,100 Social Security t
    8·1 answer
  • Describe how a free market works
    14·1 answer
  • You are planning to buy a house in five years. How much do you need to deposit today to have a $10,000 down payment if your inve
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!