Answer:
$150,000
Explanation:
$150,000
The failure to accrue warranty expense is an accounting error. It gives rise to a Prior period adjustment in the year of discovery (20x3).
Prior period adjustments are limited to corrections of errors affecting prior-year net income. They adjust the beginning balance of retained earnings in the year of correction.
The change in depreciation method is an estimate change, which is reported in earnings. It is not a Prior period adjustmen
Answer:
1 annoying customers
2 dirty dishes
3 fast orders
Explanation:
1 try to make sure the dish is correct
2 make sure all dishes r clean before opening
3 pre make usual meal orders
Answer:
S/n Account Title and Explanation Debit Credit
a. Bad Debt Expense $5,460
($182,000 sales x 3%)
Allowance for Doubtful Accounts $5,460
(To record bad debt expense)
b. Bad Debt Expense $5,460
($182,000 sales x 3%)
Allowance for Doubtful Accounts $5,460
(To record bad debt expense)
Explanation:
. $4,395 ($29,300 long-term capital gain × 15%)
Answer:
I belive it would be A
Explanation:
This most matches the defenition
