Answer:
$8,020
Explanation:
estimated uncollectible receivables = $7,100
accounts receivables = $121,000
unadjusted debit balance of allowance for uncollectible accounts = $920
credit sales during the year = $192,000
bad debt expense = unadjusted debit balance + estimated uncollectible receivables = $7,100 + $920 = $8,020
the adjusting journal entry:
Dr Bad debt expense 8,020
Cr Allowance for uncollectible accounts 8,020
The allowance for uncollectible accounts account is a contra asset account that has a normal credit balance.
Answer:
The correct answer is E.
Explanation:
Giving the following information:
Ordinary annuity with 10 payments of $2,700. The interest rate is 5.5%.
First, we need to calculate the final value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual pay
FV= {2,700*[(1.055^10)-1]}/0.055= $34,763.45
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 34,763.45/(1.055^10)= 20,352
Answer:
The answer is "values".
Explanation:
Admiration was its form of faith or love. Its expression throughout the faces of the pair of lovers is also an indication of admiration. The knowledge of different attributes including honesty, security, loyalty, collaboration, faith, and rank can influence career opportunities. These attributes show the principles.
Answer: an accounting
Explanation: Accounting is the method of documenting business-related financial transactions. The accounting procedure involves the review, analysis, and disclosure of these activities to supervisory authorities, legislators, and taxation bodies.
Accounting helps all the stakeholders as the financial statement prepared depicts all the current and past information about the company. Hence from the above we can conclude that the correct option is B.
Buyer Sarah is purchasing a residential property is (c) specify the use as a daycare in Objectives.
A goal must be quantitative to be powerful. For an instance, 'Make plenty of money cannot be objective, while 'increase profit by using 20%” is a powerful objective as long as it is time-certain. How can you acquire the objective? the solution is – the key effect.
A purpose is a workable outcome this is usually a vast and lengthy-time period while an objective defines measurable actions to reap the general goal.
A goal is an idea of the future or preferred end result that a person or a group of human beings envision, plan and decide to obtain. People endeavor to attain goals within a finite time by way of placing closing dates.
Learn more about the Objectives here: brainly.com/question/25605883
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