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3 years ago

5

Charleston, Inc. has Accounts Receivable of $320,000 and an Allowance for Doubtful Accounts of $16,000. If it writes-off a custo

mer account balance of $1,600, what is the amount of its net accounts receivable? Multiple Choice $320,000 $302,400 $304,000 $318,400

1 answer:

noname [10]3 years ago

5 0

Answer:

$304,000

Explanation:

Please see attachment

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The information given shows that Denelle is conducting a trend analysis.

<h3>What is a trend analysis?</h3>

It should be noted that attend analysis simply means a technique that's used t predict future investment.

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2 years ago

a country has national saving of $50 billion, government expenditures of $30 billion, domestic investment of $10 billion, and ne

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The supply of loanable funds is $50 billion. Thus, option c is correct.

The supply of loanable funds considers only national savings( public savings + private savings), thus the supply of funds shall be only $50 billion. The national savings is the rate that measures the amount of income that households, business, and the government saves. It looks at the difference between a nation's income and consumption.

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1 year ago

In its first year of business, Borden Corporation had sales of $2,020,000 and cost of goods sold of $1,210,000. Borden expects r

Iteru [2.4K]

Answer: Please see answers in explanation column

Explanation:

Accounts title and explanation Debit Credit

Sales returns and allowances $121,200

Sales refund payable $121,200

Calculation

Expected Sales returns and allowances = sales x expected percentage

= 2,020,000 x 6%= $121,200

Accounts title and explanation Debit Credit

Inventory returns estimated $72,600

Cost of goods sold $72,600

Calculation

expected Cost of goods sold = Cost of goods soldx expected percentage

= 1,210,000 x6%=$72,600

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3 years ago

The amount of accounts receivable that is actually expected to be collected is known as the:a.uncollectible accounts expense. b.

scoundrel [369]

Answer:

Net realizable value.....Option C

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3 years ago

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Answer:

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Explanation:

It means Reginald should call the ten striking clerks to the table and hear out their grievances and do something about their grievances if the fault is from him(Reginald) so that they can get back to work, but if they fail to come to a compromise, the law can be apply.

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