Answer:
Option D
Explanation:
Begin Mode
N = ?
i = 9.25 12 = 0.7708
Principal = $125,500
PMT = $1,350
FV = 0
161.7058
= 162 (nearest whole number)
Answer:
It's Data Manipulation Language (DML) !!
Hope It Helps.
Answer:
C) $750.
Explanation:
Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance.
Closing Value of the Allowance for Doubtful Accounts will be as follow
As Allowance for Doubtful Accounts already have debit balance of $110, we need to adjust the remainder to make the closing credit balance of Allowance for Doubtful Accounts $640 at the year end.
Adjustment Value = $640 + $110 = $750