Answer:
The adjusted balance is equal to the estimate of the uncollectible accounts receivable.
Explanation:
Receivable in economics is simply whenbusiness sells goods or services to another party on account usually on credit. It is also known as a monetary claim usually against a business or an individual.
Accounts receivable
Is simply defined as the power to the right to receive cash in the future from customers for goods or services performed. They can be called claim of right, exchange consideration, and a claim for the future.
The supplementary record that contains information on each customer is the accounts receivable ledger.
The goal for the accounts receivable methods is to adjust the Allowance for Doubtful Accounts balance making the adjusted balance is equal to the estimate of the uncollectible accounts receivable.
Answer:
$980,879
Explanation:
Recall that
PVAn = (CF1 / (i - g)) × [1 - ((1+g)n/ (1+i))n]
Where
CFI = 120000 × 2.5%
= 123000
i = 15%
g = 2.5%
n = 50
Thus
PVAn = ($123,000 / (15% - 2.50%)) × [1 - ((1+2.5%)50 / (1+15%))50]
= 984000 × 1 - (51.25)/(57.5)
= 984000 × 0.996828
= 980,878.752
= $980, 879
1) D
2) C
3) B
4) A
I think this is right if not sorry :)
Answer:
$85,260.
Explanation:
The Pound industries customer service department incurs $203,000 when 7,000 calls were made. The calls allocated to wholesale operations are 2,940 calls. To identify cost per call, we divide total cost by number of calls initiated.
Cost per call = $203,000 / 7000 calls
Cost per call = $29.
Wholesales operations cost = No. of calls for wholesale operation / Cost per call.
Wholesale operations cost = 2,940 calls * $29 / call
Wholesale operation cost allocated amount = $85,260.
Answer:
yes (1) it would bring an opportunity to learn about foreign cultures, then helping in understanding clients and people in general. (2) if a new language is learned (or attempted) it can benefit other aspects, such as opening paths for trade or collaboration between two countries.
