Answer:
Uncollectible account expense $8,600
Explanation:
The computation of the amount as the Uncollectible Accounts Expense on its Year 2 income statement is given below:
Allowance account - Beg year 2 $3,600 Credit
Written off account $6,600 Debited by
Unadjusted balance in Allowance account $3000 Debit
Adjusted balance required in Allowance account $5,600 Credit
Uncollectible account expense $8,600
Answer:
$594.57
Explanation:
For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment below:
Given that,
Present value = $31,000
Future value or Face value = 0
Rate = 5.67% ÷ 12 months = 0.4725
NPER = 5 years × 12 = 60 years
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the formula, the monthly payment is $594.57
Answer:
Flooding and wet weather are so costly to agricultural land because they cause delays in and reduction of crop harvest.
Explanation:
A down payment is a <span>partial payment given in order to show intent of purchase. When you intend to make a purchase of an item but do not have the means to pay in full or if a full upfront payment is not required, a down payment may be. A down payment can be a set amount or percentage that is agreed upon by the purchaser and the seller for the intent to purchase the item in full. In most cases, there is a contract outlining the partial down payment and then when everything is due in full. </span>
Answer:
broad needs and many customers.
Explanation:
Cooper technologies offers several services that satisfy a broad range of needs, e.g. computer training, support, selling computers, etc. It tries to serve as many customers as then can. This is true for all companies, but Cooper Technologies would be the opposite to a company that provides services to a niche market. They try to offer a wide range of products and services to appeal to as many customers as possible with as many products and services as they can.
Cooper Technologies is like a handyman that satisfies all your computer related needs, it doesn't focus on only one or two services.
