Answer:
Balance in the Allowance Account : $1600
Please see details below:
Explanation:
When the company determined the bad debt balance, the company made the next entry to the accounting system.
Debit - Bad Debts Expense $1000
Credit - Allowance for Doubtful Accounts $1000
When the company write-off some debts it makes the next entry.
Debit - Allowance for Doubtful Debts $2.100
Credit - Accounts Receivable $2.100
When the company recorded bad debt expenses:
Debit - Bad Debts Expense $2700
Credit - Allowance for Doubtful Accounts $2700
Answer:Make a single payment of principal when the bonds matured but multiple payment of interest over the life of the bond.
2.0600
Explanation:
Bonds normally has a life of span from one upward for which interest will be paid to the investors as compensation for use of their fund and the principal sum will be refunded on the expiration of the bond life.
The return on a bond is fixed as specified in the bond contract the inability to make payment as at when due may not affect the return obtainable from the bond initial contract.
To outline the control process, you listed three broad elements the first element would be a. set project baseline
Three basic elements of the management process in an organization include standard settings, performance measurements, and performance comparisons with standards.
Industrial process control in continuous manufacturing processes is the field that uses industrial control systems to achieve production levels of consistency, economy, and safety that were not achievable with purely human manual control.
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<em>This question is incomplete. Please read below for the complete question</em>
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You were recently hired as the head of the PMO of a company which is transitioning into a projectized organizational structure to implement projects using the waterfall approach. You would like to develop a project control process for measuring and evaluating project performance.
To outline the control process, you listed three broad elements. Which of the following is the first element?
a. Set project baselines
b. Measure project performance
c. Compare planned performance to actual results
d. Set a reward system
Learn more about control process here:brainly.com/question/14051119
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Answer:
$870,500
Explanation:
The computation of the snow plow should be recorded in the General Fund is shown below:
= The present value of the future lease payments + down payment at the inception of the lease
= $845,500 + 25,000
= $870,500
We simply added the above two items i.e present value and the down payment so that the correct amount could arrive
Answer:
Average Receivables= (600,000+630,000)/2=615,000
Days sales in receivables= Average receivables/ average sales per day
Average sales per day= 4,250,000/365=11,644
Days in receivables = 615,000/11,644=52.88
Explanation:
