The amount that was to be receivable in the year 2015 decreased and the balance of allowance for doubtful accounts also decreased.
<u>Explanation:</u>
According to the information that was given, the amount that was receivable in 2014 was 13,832 million where as in the year 2015 it was 13,363 millions. The ending balance of allowance for doubtful accounts in 2014 was 232 million and in 2015 it was 189 millions.
All this information shows that the accounts and the amounts in the accounts decreased from the year 2014 to year 2015.
Answer:
Identify markets with unfulfilled needs.
Explanation:
The first step in the target marketing process is to identify markets with unfulfilled needs. The organization first needs to study what the customers are looking for. Either they will find a gap and see what need is still unfulfilled or they will create a need.
In either of the cases, they will be looking for chances to make a product that the customers will be tempted to buy, which would lead their sales to increase.
First, what is anti dumping? (Like anti dumping garbage? Anti dumping you girl/boyfriend?)
Second, what is your thesis?
With the above info, I can write a conclusion :)
Answer: Allowance for the doubtful accounts with a credit balance of $29,600
Explanation:
From the information that is provided in the question, the following can be deduced and the year-end financial statements should show:
Allowance for the doubtful accounts with a credit balance will be calculated as: the beginning allowance for the doubtful accounts + (the sales × Provision % ) - accounts receivable that were written off.
= $3,500 + ($1,110,000 × 3%) - $7,200
= $3500 + $33300 - $7200
= $36800 - $7200
= $29,600
Answer:
A :$210,000
Explanation:
The accounting equation gives the relationship between the various elements of the balance sheet. These are the assets, liabilities and Stockholders' equity
Assets = Stockholders' equity + Liabilities
Retained earnings is the portion of the company's earnings that is added to the common stock to get the Stockholders' equity.
Retained earnings added = $375,000 - $200,000 - $35,000
= $140,000
Stockholders' equity at the end of the year = $250,000 - $180,000 + $140,000
= $210,000
