Answer:
I do not understand your question explain further
Answer:
There will be no effect on working capital upon write off as the entries required would be a credit to receivables and a debit to allowance account.
Explanation:
The allowance account is the account used to record receivables due that may not be collectible.
When a company has determined that a receivable may be uncollectible, the company credits the allowance for receivables account and debits bad debit expense. This reduces the accounts receivable balance in the balance sheet as the receivables to be reported will be net the allowance given. As such, where on December 31, 2020, Allowance account balance includes $3,076 for a past due account that is not likely to be collected.
There will be no effect on working capital upon write off as the entries required would be a credit to receivables and a debit to allowance account.
house remodeling- this job takes an artistic person to be able to envision how to make a home look better and what all it would take to insert their vision in the home they are remodeling
Answer:
I don't know
Explanation:
Prepare a narrated PowerPoint presentation that will highlight the following items.
a. Your calculations for the amount of property, plant, and equipment and the annual depreciation for the project
b. Your calculations that convert the project's EBIT to free cash flow for the 12 years of the project.
c. The following capital budgeting results for the project:
1. Net present value
2. Internal rate of return
3. Discounted payback period.