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1 year ago

Alcorn Service Company was formed on January 1, Year 1.

Business

1 answer:

erica [24]1 year ago

6 0

Answer:

1. Asset Source

2. Asset Source

3. Asset Exchange

4. Asset Exchange

5. Asset Source

6. Asset Use

7. Asset Exchange

8. Claim Exchange

9. Asset Use

10. Asset Use

Explanation:

Asset use is the daily operating activities in a business where transactions are performed and assets are purchase for use. These are routine day to day activities for a business. Asset exchange is the acquisition of asset with another asset. Asset Source is the funding of business through cash and cash equivalents. Claim exchange is the pending assets which is claimed by the business.

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Answer:

emergency fund

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almond37 [142]

Answer:

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Explanation:

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an automobile manufacturing company has developed an electric car that uses sunlight to charge itself during movement. this new

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2 years ago

During the current year, Adams Assembly, Inc., recorded credit sales of $1,300,000. Based on prior experience, it estimates a 1

OleMash [197]

Answer:

a. Debit Allowance for doubtful debt $4,000

Credit Accounts receivable. $4,000

Being entries to write off debt that had been provided for.

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Being entries to record bad debt expense for the current year.

Explanation:

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Based on assessment, some or all of the receivables may be uncollectible.

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2 years ago

.Others at work see me as assertive. need answers for application

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Answer:

yes

Explanation:

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