Answer:
See below
Explanation:
Given the information above, first we need to compute ending balance of account receivables.
Ending balance of account receivables = Beginning balance + Credit sales - Customer's account collected - Write off amount
= $125,000 + $1,400,000 - $1,350,000 - $0
= $175,000
The year end balance in the allowance for uncollectible account would be
= $175,000 × 10%
= $17,500
Now, the bad debt expense
= Year end balance of allowance for uncollectible account - Beginning balance of allowance for doubtful accounts + Written off
= $17,500 - $15,000 + $0
= $2,500
<span>This description is taken from the epic poem “Beowulf”,
and describes Hrothgar, King of Denmark. This
poem is considered the eldest English epic poem, dated somewhere between 975
and 1025 and the author is to this day unknown. </span>
1.) Job responsibilities
2.) D
3.)A
4.)B
5.)D
Hope this helps you out some!! :)
I think the likely response from the bank is that probably the date when you issued the checks is not the same when the beneficiary cashed or deposited them.
Answer:
The statement is: True.
Explanation:
A common-cause variation shows changes because of unknown reasons within a series of undifferentiated produced items. The method aims to measure the accuracy of the manufacturing process given expected factors that could bring fluctuations in the output. Common-cause variations can be attributed to natural reasons such as employees' fatigue or distraction.