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scZoUnD [109]
3 years ago
6

The word red describes the what of a color

Business
2 answers:
lbvjy [14]3 years ago
6 0

Explanation:

value. I hope this helps. Goodluck

WINSTONCH [101]3 years ago
4 0
Black?????????? I think
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daser333 [38]
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5 0
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OLEGan [10]
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3 years ago
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3 0
3 years ago
Read 2 more answers
Lewis Co. sold merchandise to AdCo for $43,000 and received $43,000 for that sale one month later. One week prior to receiving p
Sav [38]

Answer:

Explanation:

Revenue recognition= [Transaction price-(Payment to advertisement-fair value)

Transaction price = $43,000

Payment to advertisement = $9,000

Fair value = $5,000

Thus, the revenue should Lewis co. record for the merchandise sold to Adco is:

= $43,000 - ($9,000 - $5,000)

= $39,000

7 0
3 years ago
Wheeling Inc. uses the aging of accounts receivable method. Its estimate of uncollectible receivables resulting from the aging a
Nookie1986 [14]

Answer:

$8,020

Explanation:

estimated uncollectible receivables = $7,100

accounts receivables = $121,000

unadjusted debit balance of allowance for uncollectible accounts = $920

credit sales during the year = $192,000

bad debt expense = unadjusted debit balance + estimated uncollectible receivables = $7,100 + $920 = $8,020

the adjusting journal entry:

Dr Bad debt expense 8,020

    Cr Allowance for uncollectible accounts 8,020

The allowance for uncollectible accounts account is a contra asset account that has a normal credit balance.

4 0
3 years ago
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