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zvonat [6]
3 years ago
14

On January 1, 2013, the balance in Tabor Co.'s Allowance for Bad Debts account was $13,546. During the first 11 months of the ye

ar, bad debts expense of $21,399 was recognized. The balance in the Allowance for Bad Debts account at November 30, 2013, was $9,859. Required: (a) What was the total of accounts written off during the first 11 months
Business
1 answer:
Elenna [48]3 years ago
4 0

Answer: $25,086

Explanation:

The bad debt written off is calculated by:

= Opening balance in Allowance for bad debts account + Bad debt expense - Closing balance in Allowance for bad debt

= 13,546 + 21,399 - 9,859

= $25,086

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3 years ago
Ordinary simple interest brings increased revenue to the lender. The general practice
densk [106]

Answer:

Exact = $34.5

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Explanation:

Given that :

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6 0
3 years ago
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Answer:

True

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However <em>oftentimes, companies do not make the necessary changes to their process strategy when expanding their product offerings.</em>

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3 years ago
Identifying time lags Advocates of active policy face several obstacles when implementing discretionary fiscal or monetary polic
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4 0
4 years ago
​Jack's gross pay for the week is . His yeartodate pay is under the limit for OASDI. Assume that the rate for state and federal
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= 99.20 + 23.20

= $122.40

7 0
3 years ago
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