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zhuklara [117]
3 years ago
14

Using the percentage minus−ofminus−sales method, the estimated total uncollectible accounts are​ $6,622. The Allowance for Uncol

lectible Accounts prior to adjustment has a debit balance of​ $2,935. The Accounts Receivable balance is​ $44,420. The amount of the adjusting entry for Uncollectibleminus−Accounts Expense​ is:___________
A. $9,557.
B. $2,935.
C. $3,687.
D. $6,622.
Business
1 answer:
Arturiano [62]3 years ago
4 0

Answer:

C. $3,687.

Explanation:

amount of the adjusting entry for Uncollectibleminus−Accounts Expense​

= $6,622 - $2,935

= $3,687

Therefore, The amount of the adjusting entry for Uncollectibleminus−Accounts Expense​ is $3,687.

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Answer: None of the above.

Explanation:

The correct answer will be "None of the above." The person who handles cash cannot issue credits to customers on sales returns. This could be because their job function does not include this process.

The person also may not account for cash receipts to customers. They can also not account for cash purposes. This could also be because these processes are not included in the persons job function or duties.

Each job function has a clear set of duties that one can perform. Each business has different jobs for people and this particular one does not allow for the person handling cash to do anything else.

3 0
3 years ago
The amount a borrower pays for a loan is called
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Answer:

Interest

Explanation:

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8 0
3 years ago
atkins company collected $1,750 as payment for the amount owed by a customer from services provided the prior month on credit. h
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The effect of the transaction by Atkins Company of collecting payment for an amount owed by a customer is One asset would increase $1,750 and a different asset would decrease $1,750, causing no effect.

<h3>How does an increase and decrease in assets affect the accounting equation?</h3>

The fact that a customer owed Atkins Company means that the customer was an accounts receivable which is an asset account.

The cash that Atkins Company collected is also an asset. So, the transaction simply led to one asset(accounts receivable) being reduced and the other asset(cash) being increased. The amount is the same so there would be no effect.

Find out more on changes to the accounting equation at brainly.com/question/27905497

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6 0
2 years ago
In a nutritious diet, the foods provide sufficient quantities of essential nutrients, fiber, and energy to maintain health and b
Sedbober [7]

Answer:

b. balance

Explanation:

According to my research on studies conducted by various nutritionists, I can say that based on the information provided within the question this principle of diet planning is called balance. This is the process of choosing different ingredients or foods that give you all the necessary essentials needed to maintain a balanced health and body weight.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
​a(n) __________ is used to determine the benefits that target customers value and how customers rate the relative value of vari
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The answer is customer value analysis. This is responsible for providing information in regards with the organization’s way of how they are able to maintain or work well with their competitions and to their customers. This is considered to be important because it provided a basis and comparison with the rivals existing in the organizations.

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