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
topjm [15]
3 years ago
11

An aging of a company's accounts receivable indicates that $8400 are estimated to be uncollectible. If Allowance for Doubtful Ac

counts has a $4820 credit balance, the adjustment to record bad debts for the period will require a
Business
1 answer:
Alexxandr [17]3 years ago
8 0

Answer: Debit to bad debt expense for $3580.

Explanation:

Based on the information given, the bad debt expense will be:

= Desired balance - Actual balance before adjustment

= $8400 - $4820

= $3580

Based on the above, the journal entry will be:

Debit Bad debt expense $3580

Credit Allowance for uncollectible $3580

You might be interested in
There are approximately __ types of federal grants
sveticcg [70]

Answer:

The correct answer would be option C, 3.

Explanation:

There are three types of grants offered by the Federal Government.  

These are as follows:

1) Federal Pell Grants

2) Federal Supplemental Education Opportunity Grants

3) Work Study Programs

Federal Pell Grants provides financial aid to the students, not exclusive to their family income, serves as the prized resource among students. There are certain conditions whom a student must fulfill in order to be eligible for this grant.  

Federal Supplemental Education Opportunity Grants are the financial aids given to the students who have a very low expected family contribution towards their studies.This grant is given to the most needy students.

Work Study Programs also provide the financial aid to the students by providing them part time job opportunities to meet their financial college expenses.

8 0
2 years ago
Read 2 more answers
The partners share profits and losses in the ratio of 5:3:2, respectively. The partners agreed to dissolve the partnership after
vovangra [49]

Answer:

$30,000

Explanation:

The computation of the amount received by Janet is given below:

Loss on sale of other assets is

= $150,000 - $50,000

= $100,000

Share of Janet in loss is

= $100,000 × 5 ÷ 10

= $50,000

So,  

Janet revised capital balance is

= $80,000 - $50,000

= $30,000

6 0
2 years ago
A. Name any two:
jasenka [17]

Answer:

1) Athena and Aries

2)Tamil/Sanskrit

3) Plato and Euclid

4) Solar energy Wind energy

5)Ruby, emerald

6)Python, Rattlesnake

7)8)9)i have no idea

Explanation:

6 0
3 years ago
The paper is written, the next step is to __________. limit your topic and make the purpose of your paper clear use an acceptabl
JulijaS [17]

The next step to be approached after the paper is written is that an individual should limit their topic and that they should make a purpose of the paper as this is a method that is effective when planning and making an effective essay or topic.

3 0
3 years ago
Bridgeport Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the busin
Goryan [66]
Ok thanks so much for your i i for a while and i is going there for the rest of
5 0
3 years ago
Other questions:
  • An inventory that asks about how one would act with others in a variety of situations is a(n) ______ inventory.
    10·1 answer
  • intext:"The adjusting entry at the end of an accounting period to record the unpaid salaries of employees for work provided is"
    6·1 answer
  • When preparing the statement of cash flows by the indirect method, if accumulated depreciation increases the difference is
    10·2 answers
  • Anheuser-Busch, InBev NV, the maker of Bud Light, proposed a merger with Modelo, the maker of Corona. At the time of the propose
    13·1 answer
  • Sheet Metals has an outstanding loan that calls for equal annual payments of $12,600.47 over the life of the loan. The original
    9·1 answer
  • In​ 1995, when Umpqua Bank opened in new​ markets, which type of marketing effort did it​ utilize? A. Intrepreneurial marketing
    12·1 answer
  • The cost of plant in use with Hand Sanitizer Ltd (Hand Sanitizer), a manufacturing firm on 1 st April 2018 was GH₵375,000 agains
    5·1 answer
  • hey guys im sry for the miss of me not being here i got busy so i wanna catch up with yall so tell me everything tahts gonnin on
    14·1 answer
  • The daily cost of producing pizza in New Haven is C(Q) = 4Q + (Q2/40); the marginal cost is MC = 4 + (Q/20). There are no avoida
    11·1 answer
  • Joshua controls all the pay​ rates, raises, and bonuses in your department. He is also able to assign you to an interesting work
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!