3 years ago

United States Steel Corporation’s (X) 7.5% bonds due in 2022 were reported as selling for 103.2.

Business

1 answer:

kirill [66]3 years ago

4 0

Answer:

because they are able to create it at a lower price

Explanation:

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During the year, Kiner Company made an entry to write off a $32,000 uncollectible account. Before this entry was made, the balan

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Answer:

balance in bills receivables account = $364000

Explanation:

given data

write off = $32000

balance in accounts receivable = $400000

balance in allowance account = $36000

to find out

net realizable value of accounts receivable

solution

we first find credit balance in allowance that is

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credit balance in allowance = $4000

and

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balance in bills receivables account = ( $400000 - $32000 ) - ( $36000 - $32000 )

balance in bills receivables account = $368000 - $4000

balance in bills receivables account = $364000

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The senior leadership and board of directors are meeting to determine the key priorities for community Hospital for the year ahe

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