(B) but if there is another answers let me see cuz all i see is a and b
Answer:
The transaction will be recorded by the company as :
DR : Non-collectibles $5670
CR : Accounts receivable $5670
Step-by-step explanation:
Amount of money estimated = $5670
The amount which is non-collectible is recorded as a DEBIT transaction by the company because the amount in the non-collectible account can't be received by the company.
But, the amount in the receivables is the amount which is available for receiving and can be received by the company. So, receivable transaction is marked as CREDIT by the company.
Thus, the transaction will be recorded by the company as :
DR : Non-collectibles $5670
CR : Accounts receivable $5670
Answer:
Step-by-step explanation:
The maths teacher because it was the first day back but he was giving a ‘miD YeAr tEsT’
Answer: The law required that 100% of your payment go toward your most expensive debt. ... The excess payment is everything you pay above the minimum. The Card Act requires issuers to apply this part of your payment to the highest-interest balance first.
