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Mariana [72]
3 years ago
13

Entry for Uncollectible Accounts

Business
1 answer:
leva [86]3 years ago
3 0

Answer:

Date     Account title and Explanation          Debit       Credit

31 Dec  Bad Debts Expense                           $37,245

                    Allowance for doubtful debts                     $37,245

                    ($31,565 + $5,680)

             (To record the adjustment entry)

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You recently invested $18,000 of your savings in a security issued by a large company. The security agreement pays you 6 percent
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Answer:

At the end of the three years period, the amount to recieve will be for $7,146.1

Explanation:

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we will calcualte the future value of a lump sum:

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Answer:

A. True

Explanation:

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4 0
4 years ago
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HACTEHA [7]
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3 years ago
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Answer:

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Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.  

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