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MakcuM [25]
3 years ago
10

At the end of 2016, Sunland Company has accounts receivable of $653,700 and an allowance for doubtful accounts of $24,200.1.On J

anuary 24, 2017, it is learned that the company’s receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,245.
2.On March 4, 2017, Sunland Company receives payment of $4,245 in full from Madonna Inc.

Prepare the journal entries to record this transaction.
Business
1 answer:
Cloud [144]3 years ago
3 0

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

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

Download xlsx
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In the first month of operations, the total of the debit entries to the cash account amounted to $900 and the total of the credi
Ksju [112]

Answer:

$300 debit balance

Explanation:

In business debit entries mean that the money is being added to the account, while credit entries means that the money is owed and is therefore being deducted from the account. Therefore, in this scenario the cash account has a $300 debit balance. This is because the credit entries are being subtracted from the debit entries (assuming that the account had a $0 initial balance). If we do the math we are left with $300 of debit.

$900 - $600 = $300

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3 years ago
Prove (constructively) that there is a winning strategy for the first player on any n by n board of Gumdrop. If you don't rememb
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Answer:

Explanation:

a)

our first step will be at (2,2) so we will only remain with

one row (1,1),(1,2)......(1,n) and

one column (1,1),(2,1),...(n,1).

when the other player choses one of these remaining options then chose symetrically opposite one

choosing one element in a row doesnot eat an element in column and visaversa

that is if he chooses (i,1) you choose (1,i) or if he chooses(1,i) you choose (i,1). in your following steps.

finally he choose (1,2) you choose (2,1) then he remains with (1,1) and he looses

or finally if he choose (2,1) you choose (1,2) then he remains with (1,1) and he looses

so we wins if we start.

b). here in this gumdrop we are fixing where red one is, if it is some where else there might not be an optimal strategy.

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Jonathan absil wants to purchase a used ford mustang, which is advertised
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My advice is not to buy a Ford they suck.

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A _____ is a formal contract in which a terminated employee agrees not to sue the employer in exchange for specified benefits.
lina2011 [118]

A separation agreement exists as a formal contract in which a terminated employee agrees not to sue the employer in exchange for specified benefits.

<h3>What is the formal contract?</h3>

A written and legally enforceable agreement is known as a formal contract or formal agreement.

A formal contract is a binding and enforceable agreement between two parties. A contract must have an offer, an acceptance of the offer, and payment for the services or goods given in order to be legally enforceable.

An informal contract is one that is not under seal, whereas a formal contract is one that the parties have signed under seal. Any imprint that the parties to the contract made on the document are considered a seal. This was customarily done in wax and stated the parties' desires to be bound by the agreement.

To learn more about formal contracts refer to:

brainly.com/question/586708

#SPJ4

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The 50th repetition of a job is timed at 100 minutes. if the learning curve for this job is 90 percent, what is the estimated ti
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