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LekaFEV [45]
3 years ago
12

On December 31 of the current year, Jerome Company has an accounts receivable balance of $329,000 before any year-end adjustment

s. The Allowance for Doubtful Accounts has a $1,100 credit balance. The company prepares the following aging schedule for accounts receivable:
Total Balance

1-30 days

31-60 days

61-90 days

over 90 days

$329,000

$160,000

$90,000

$51,000

$28,000

Percent uncollectible

1%

2%

3%

20%

What is the Allowance for Uncollectible Accounts at December 31 of the current year after adjustments?

A) $1,100

B) $9,430

C) $10,530

D) $11,630
Business
1 answer:
lina2011 [118]3 years ago
4 0

Answer:

Option C is correct answer.

Explanation:

Allowance for Uncollectible Accounts at December 31 = 160000 x 1% + 90000 x 2% + 51000 x 3% + 28000 x 20%

= $10,530

Option C is correct answer.

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Answer:

A, B, and D

Explanation:

According to my research on production optimization, I can say that based on the information provided within the question all of the answers provided except for improved wing-making technology would maximize the possible number of pizzas produced. This is because each of these answers provides a method of producing more pizza in the same time frame as before.

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Answer:

Total pay is : $909.44

Explanation:

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3 0
3 years ago
Which careers require a person to find independence in working alone?
lakkis [162]

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Visual Arts??

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Alex_Xolod [135]

Answer:

(1) Assessment

Explanation:

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Probability of occurrence has to do with the degree of likelihood that a risk will materialize while 'impact' tries to access how much damage the risk is likely to cause, in the event that it materializes.

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